There are some reports that Glaxo Pharma is penalized for US$ 3 billion (INR 16,500 crore) for some fraud practice. Did it come to your notice? If so how you think it will impact this company in terms of its credibility and financial stability? Your views?
They make so much of money every year and the future prospects are no less, they will make it up in no time. Recently, Microsoft wrote off 6.2 Billion Dollars on the total failure of the purchase of an online advertising agency aQuantive in 2007 to challenge Google. Do you think they care? Why? Because once their products are in the market, the subsequent sales bring in more than 75% of the Sale price as ...more