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While
China’s booming economy provides significant commercial
opportunities for the life sciences industry, it can also foster
an environment of corruption. Authorities in both China and the
U.S. have made anti-corruption a priority, cracking down on once
common business practices. It's essential for any life
sciences executive doing business in China to understand China’s
anti-corruption laws and the U.S. Foreign Corrupt Practices Act
– and to act now to protect you and your company.
FCPA
cases filed by the U.S. Department of Justice and the U.S. Securities
and Exchange Commission have escalated during the past few years.
These enforcement actions have been marked by record corporate
fines and penalties, the imposition of independent monitors, and
a willingness by U.S. prosecutors to pursue enforcement against
foreign-based companies that violate the FCPA. In China,
Premiere Wen Jiabao held a special cabinet meeting in March where
the sole item on the agenda was anti-corruption work by the State
Council. And it’s not just talk – last year China's
Ministry of Health uncovered more than 1,000 commercial bribery
cases related to the purchase and distribution of pharmaceuticals,
medical equipment and medical services.
What are the
relevant anti-bribery laws of both the U.S. and China? What are
the most significant corruption risks faced by life sciences companies
doing business in the emerging Chinese market? Learn what you
must do today to best reduce the risk of corruption violations
in China.
Join
PharmAsia News and Sidley Austin LLP for a thought-provoking analysis
– live from Shanghai and Washington, DC. Grab your
team, a conference room at your office, a phone and a computer
with web access (that last one's optional). No travel required.
Walk
away with valuable answers to the following questions:
-
How
does the FCPA apply to life sciences companies doing business
in China?
-
What China anti-bribery laws and regulations are of particular
significance to the life sciences industry?
-
Where
are the high-risk areas for corruption in the Chinese pharmaceutical
and medical device markets?
-
What sanctions are imposed for violations of China’s anti-bribery
laws?
-
How can you reduce the risk of FCPA and Chinese anti-bribery
violations for you and your company?
This
webinar is aimed at executives in pharmaceutical, biotechnology and
medical device companies, including:
- CEOs, senior
management and managers of foreign subsidiaries
- Corporate counsel
- Regulatory affairs
officials
- Compliance officers
and internal auditors
- Business development
executives
- Sales and marketing
teams
- Company officials
traveling to China for business meetings, conferences or related activities


|
Zhengyu
Tang
Partner
Sidley Austin LLP, Shanghai
Full
biography here.
Zhengyu
Tang is the Shanghai managing partner of Sidley
who leads the firm's foreign direct investment (FDI), M&A
and competition practice in China. Educated in China and the U.S.,
Mr. Tang has practiced law with leading Chinese and international
law firms since 1986. He has been recognized, for many years,
in AsiaLaw Leading Lawyers, Asia Pacific Legal 500 and Chambers
& Partners Asia and Global, as one of the leading or top lawyers
for corporate, M&A and competition work in China/Asia.
Mr.
Tang has been assisting numerous US and European companies, including
drug and device companies, in their FCPA and/or Chinese anti-bribery
law compliance in the course of making their investments and conducting
their operations in China, including conducting internal reviews,
investigations and trainings and counseling on remedial actions,
best practices and local AIC enforcement proceedings.
Mr.
Tang received his J.D. from University of Maine School of Law,
and his Chinese law degree from Graduate School of Chinese Academy
of Social Sciences. |
|

|
Paul
Gerlach
Partner
Sidley Austin LLP, Washington DC
Full
biography here.
Paul
V. Gerlach is a partner in the Washington, DC office
of Sidley and chairman of the firm’s Securities and SEC
Enforcement Practice. His practice is focused in the areas of
securities law counseling litigation, and SEC enforcement defense,
including conducting FCPA international reviews and defending
FCPA investigations. His clients have spanned the full array of
industries.
Prior
to joining Sidley, Mr. Gerlach served 12 years in the Securities
& Exchange Commission’s Division of Enforcement, the
last five as associate director. As associate director, Mr. Gerlach
was responsible for directing a broad range of the SEC’s
domestic and international enforcement activities, including investigations
involving FCPA illicit payments. Mr. Gerlach received numerous
awards during his tenure at the Commission, including the Presidential
Distinguished Executive Award in 1999, the Stanley Sporkin Award
in 1998, and the Chairman’s Award for Excellence in 1996.
In
2006, Mr. Gerlach was selected to the BTI Client Service All-Star
Team for Law Firms. He holds a J.D. from Washington and Lee University
School of Law, and a B.A. from Boise State University. |

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