Wednesday, July 24, 2013

Reuters: Regulatory News: BRIEF-GSK CEO says China remains key place for further investment

Reuters: Regulatory News
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BRIEF-GSK CEO says China remains key place for further investment
Jul 24th 2013, 11:51

July 24 | Wed Jul 24, 2013 7:51am EDT

July 24 (Reuters) - GlaxoSmithKline Plc media call: * CEO says China allegations to me personally are "deeply disappointing" * CEO says commissioning independent review to find out what happened in China * CEO says remains highly committed to China * CEO says China remains a key place for further investment * CEO says considering adopting more tiered pricing in China * CEO says headquarters had no knowledge of China scandal * CEO says as far as aware no allegations that top two UK executives in China

involved in scandal * CEO says 99.99 percent of GSK staff operating in appropriate way * CEO says he is ready to go to China when it is the right moment * CEO says has reached out to regulators on both sides of atlantic, including

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