Monday, January 30, 2006

Bribery in Italy - now there's a surprise!

MILAN (Reuters) - Magistrates in the southern city of Bari are investigating the Italian businesses of AstraZeneca , Novartis , Bristol-Myers Squibb and Recordati , the drug companies said on Monday.

Judicial sources said magistrates planned to ask for the suspension of activities of the Italian units of eight pharmaceutical firms for an alleged 20 million euro ($24.2 million) fraud over bribing doctors to prescribe their drugs.

Insiders' view: Pass me a chair before I faint with amazement! Clearly the graft didn't get high enough up the food chain to reach the Magistrates' Office! Tsk, tsk. Someone's head will roll for that mistake!

No comments: