Sanofi Investigates Bribery Allegations

Oct 07, 2014

WSJ

French drugmaker Sanofi is conducting an internal investigation into allegations of bribes made to doctors in the Mideast and parts of Africa, according to WSJ sources.

According to the allegations, which were sent to Sanofi senior management via emails, between 2007 and 2012, Sanofi employees allegedly made payments to doctors and distributed perks (such as cash, gifts and paid travel) based on whether the doctors prescribed or planned to prescribe Sanofi drugs.

Sanofi has hired a law firm to investigate the claims.

Bribery allegations are currently in the industry spotlight in the wake of GSK China being fined $500M for bribery charges, and Sanofi has affirmed it is taking the allegations "very seriously." 

Read the WSJ article