China Plans News Briefing on Glaxo Bribery Investigation

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Chinese police will hold a news conference tomorrow to discuss bribery allegations against GlaxoSmithKline Plc.

“We are aware of this briefing,” London-based Glaxo said in an e-mailed statement today. “We take the allegations that have been made extremely seriously, and we are continuing to cooperate fully with the Chinese authorities in this investigation.” A spokesman declined to comment further.