org/gsk-pays-3-billion-fine/ http://www.nytimes.com/2012/07/03/business/glaxosmithkline-agrees-to-pay-3-billion-in-fraud-settlement.html?_r=0 The pharmaceutical giant and British drug maker‚ GlaxoSmithKline‚ has agreed to plead guilty and pay the government three billion dollars in a health care fraud settlement bought by the FDA. This is the largest settlement involving a pharmaceutical company in recorded history. GSK have admitted to committing three fraud charges. They promoted the off-label use of two anti-depressant
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insurer is a company selling the insurance; the insured‚ or policyholder‚ is the person or entity buying the insurance policy. The amount to be charged for a certain amount of insurance coverage is called the premium. Insurance business gained momentum in East Pakistan during1947-1971‚ when 49 insurance companies transacted both life and general insurance schemes. At present there are 44 general insurance companies running in Bangladesh. There are some problems of insurance company also such as less
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Blame? Pharmaceutical companies are defined by encyclopedia.com‚ “as public and private organizations involved in the discovery‚ development‚ and manufacture of drugs and medication”. There are many companies’ pharmaceutical companies worldwide. The most popular in the United States of America is Johnson & Johnson. Pharmaceutical drugs are used for treating “the common cold or cough‚ but also for more serious diseases like HIV‚ diabetes‚ cancer‚ tumors‚ and many more”. The Pharmaceutical Industry
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Introduction: Company Formation in Bangladesh is a long and complex procedure that includes various significant steps. The process of company formation in Bangladesh is subject to the Companies Act‚ 1994. There are plenty opportunities in Bangladesh to start a business. The joint stock company’s act of 1850 was the first sub continental act concerning company. Then in 1857 the act of 1850 was replaced by a new act and popularly used before the liberation the act of 1956. After liberation Govt. of
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If you run the top 100 companies through the job characteristics model‚ my perception is lot of the employees working for these companies have high task identity‚ they feel their work makes a significant impact to their employer‚ have a great deal of autonomy and empowerment‚ and their companies listen to them. While good pay‚ benefits‚ and perks promote very positive things about a company and may entice candidates to join their organization‚ once you’re there‚ they want to keep you‚ which is why
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product selected is Frozen Processed Potato‚ specifically frozen French fry. The report begins with a brief country profile of Bangladesh. Then the trade statistics regarding the frozen food export sector of Bangladesh is discussed briefly. The company profile is presented in the third part. The name of our imaginary company is Qualité Nourriture‚ (QN). The company starts operations by buying potatoes from local farmers of the country. Then running through a complex series of processes in the
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VISION & MISSION OF TOP COMPANIES 1. Vision & Mission of TOYOTA Vision: "IMC’s Vision is to be the most respected and successful enterprise‚ delighting customers with a wide range of products and solutions in the automobile industry with the best people and the best technology". Mission: Mission of Toyota is to provide safe & sound journey. Toyota is developing various new technologies from the perspective of energy saving and diversifying energy sources. Environment has been first
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Top 10 of Malaysia takes a brief look at some top Malaysian companies on the back of trials and tribulations experienced on a global scale last year. In 2011 many countries have been hit by challenges brought about by natural disasters‚ financial crises and political upheavals. Malaysia‚ as an emerging market‚ is expected to be still attractive to many investors‚ be they local or foreign. The start of 2012 has brought with it a myriad of new aspirations and resolve for companies in Malaysia
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Volkswagen intends to increase its return on sales before tax to at least 8% so as to ensure that the Group’s solid financial position and ability to act are guaranteed even in difficult market periods. Volkswagen aims to become the top employer across all brands‚ companies and regions; this is necessary in order to build a first-class team. They are focusing in particular on the environmentally friendly orientation and profitability of their vehicle projects so that the Volkswagen Group has the right
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TOP TEN US COMPANIES IN MALAYSIA Company Activity Intel (M) Sdn. Bhd. Microprocessor & semiconductor devices Western Digital (M) Sdn. Bhd. Hard disk drives & components Freescale Semiconductor (M) Sdn. Bhd. Integrated circuit. Dell Asia Pacific Sdn. Bhd Desktop & laptop personal computer systems First Solar Malaysia Sdn. Bhd. Solar cells & modules. Flextronics Technologies (M) Sdn. Bhd. Computer‚ telecommunication and networking products National Semiconductor
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