AstraZeneca Plc has appointed Iskra Reic as executive vice-president of its international business, replacing Leon Wang who is under investigation by Chinese authorities. The moveBloomberg Terminal comes less than a month after the UK drugmaker confirmed that Wang, who is also president of Astra’s China division, had been detained. Source link
Pharmaceutical giant AstraZeneca said Thursday that the head of its China operations had been detained, after reports the firm was under investigation for potentially illegal data collection and drug imports. Leon Wang, president of AstraZeneca China, “has been detained”, a representative of the firm’s global media team said in an email to AFP. “If requested,…
Two current and two former senior executives at AstraZeneca Plc are under investigation in China in an ongoing probe into alleged breaches of laws around drug importations and data privacy, the company said. This is in addition to Leon Wang, the British drugmaker’s China president, who remains in detention, a company spokesman at Astra told…
Pharmaceutical giant AstraZeneca, whose China president is under investigation, was previously investigated for medical insurance fraud cases involving cancer medication sales, according to new Chinese media reports. The news comes after the British-Swedish company announced on its official website last week that its China chief Leon Wang was cooperating “with an ongoing investigation”, and its…
An investigation of a top China executive from British-Swedish company AstraZeneca – and the lack of transparency surrounding the case – is set to deal another blow to foreign business confidence in the country, according to observers. AstraZeneca, the largest foreign pharmaceutical company in China, said on Wednesday that its China president, Leon Wang, was…
AstraZeneca’s China president is under investigation in mainland China, the drug company said on Wednesday. Leon Wang was described as cooperating “with an ongoing investigation”, the pharmaceutical and biotechnology company said in a statement. “Our China operations continue under the leadership of the current general manager of AstraZeneca China,” the British-Swedish company added. The company…
AstraZeneca Plc’s China President Leon Wang is under investigation by Chinese authorities, the drugmaker said Wednesday. The British company saidBloomberg Terminal Wang is cooperating and, if requested, it will also “fully cooperate with the investigation.” Source link