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Need for stronger penalties?

THE Australian Competition & Consumer Commission (ACCC) should explore the scope for ‘meaningful penalties’ which could be included in the Medicines Australia Code of Conduct, 17th edition. The comments come as part of a submission to the ACCC regarding the updated Code from Bruce Arnold, Lecturer at the University of Canberra’s School of Law. “It is clear that leading corporations that are expected to participate in the Code have engaged in egregious bad practice (signalled for example by the recent multi-billion dollar settlement in the US involving GlaxoSmithKline),” he ...

The above snippet is the first part of an article sent to subscribers in Pharmacy Daily's issue from 06 Aug 12

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