China detains AstraZeneca staff in data, drug-import probes, Bloomberg News reports, ET HealthWorld

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

China detains AstraZeneca staff in data, *****-import probes, Bloomberg News reports, ET HealthWorld

data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==

London: Police in China have detained five current and former employees of AstraZeneca for questioning about potential ******** activities, Bloomberg News reported on Thursday, citing people familiar with the matter.

“We are aware a small number of our employees in China are under investigation and we have no further information to share at this point,” AstraZeneca said in a statement.

AstraZeneca shares were down 2.8 per cent at 1426 GMT, among the biggest losers on the FTSE 100 index and were on track for their worst day since early February.

The individuals being held are all ******** citizens who marketed ******* drugs in AstraZeneca’s oncology division, according to Bloomberg.

One of the investigations is related to AstraZeneca’s collection of patient data and whether that infringed China’s data-privacy laws, the report said.

******** authorities are also looking into some of the people’s involvement in importing liver ******* ***** Imjudo that had not been approved for distribution in the country, it added, citing one source.

The investigation is being led by police in Shenzhen, and the detentions were made earlier in the summer, the report said.

China accounted for nearly 13 per cent of AstraZeneca’s total sales in 2023.

(Reporting by Rishabh Jaiswal and Chandini Monnappa in Bengaluru; Editing by Varun H K and Emelia Sithole-Matarise)

• Published On Sep 6, 2024 at 07:02 AM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==

Download ETHealthworld App

• Get Realtime updates
• Save your favourite articles

data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==

data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==

Scan to download App
data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw==

This is the hidden content, please

• Sign In
• or
• Sign Up

#China #detains #AstraZeneca #staff #data #drugimport #probes #Bloomberg #News #reports #HealthWorld

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up