GSK boss to address China scandal at quarterly results: sources

The signage for the GlaxoSmithKline building is pictured in LondonBy Ben Hirschler LONDON (Reuters) – GlaxoSmithKline Chief Executive Andrew Witty will detail what action the drugmaker is taking in response to allegations of bribery against it in China when he presents quarterly results on Wednesday, sources familiar with the matter said. Chinese authorities are investigating GSK deals with travel agencies worth up to 3 billion yuan ($ 489 million) that they allege were used to facilitate bribes. The scale of the payments has fuelled debate as to whether GSK surveillance systems were up to the job of spotting wrongdoing. …



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