Supply Chain Council of European Union | Scceu.org
Distribution

Cardinal Health to pay $8 million for failing to prevent bribes paid in China

Cardinal Health (CAH), one of the largest pharmaceutical wholesalers, agreed to pay more than $8 million to resolve charges that a former Chinese subsidiary failed to detect bribes that were paid to government hospital officials and employees of state-owned companies to purchase skincare products.

Between 2010 and 2016, Cardinal China acted as the exclusive distributor in the Chinese market for a large European company and, and as part of the agreement, oversaw a marketing agreement that involved retaining about 2,400 of its employees to call on state-owned hospitals and retailers. Some of these employees directed payments to key purchasing officials while the subsidiary received a share of the profits from the sale of over-the-counter “dermocosmetic” products.

Unlock this article by subscribing to STAT Plus and enjoy your first 30 days free!

GET STARTED

Related posts

UMaine panel to work on vaccine distribution, requirements

scceu

UMD Engineering Students Raising Money to Return to Kenya with Water Distribution System

scceu

China consumer, factory inflation to continue ‘falling over coming quarters’ – South China Morning Post

scceu