Bayer Targeted in Chinese Investigation

Close on the heels of its investigation of GlaxoSmithKline for “economic crimes,” China’s Federation of Industry and Commerce has contacted German drug giant Bayer in relation to an antitrust probe. A spokesman for Bayer said, “We assume that this contact is related to a wider investigation into the pharmaceutical industry in China.” Sales in China constitute 19.5% of the company’s worldwide total.

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