China – Pharma Crackdown, Watchdog Visits Roche

Emerging Markets Comments (0)

RUN!

No, seriously….run.

A part of every business person’s preparation when traveling and working in emerging and frontier markets is an exit plan.

Or so it should be.

How does one vacate a meeting gone mad?

What happens if you find yourself in an undesirable part of town, with no local partners?

How do you get out of town when the airline claims they don’t have your e-ticket?

With more than 10+ years doing business and traveling in emerging and frontier markets, these are the simple challenges one faces rather often.

But what if you are part of a pharmaceutical corruption investigation, in say China?

RUN!

No, seriously….run.

The trouble is, you won’t be able to run.

Corruption, pharmaceuticals, China. Three words that should never be used together by any business person……………HK

China – Anti-Graft Watchdog Visits Roche Amid Pharma Crackdown

Swiss drugmaker Roche Holding AG said it had been visited by a unit of China’s anti-trust regulator, apart of a widening crackdown on corruption and high prices in the country’s pharmaceutical sector.

Link to the article:
http://www.reuters.com/article/2014/05/22/roche-hldg-china-idUSL3N0O821420140522

 

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On June 26, 2014
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