Chinese dad in Stanford admission scandal faces scrutiny over company's sales expenses

HONG KONG - The Chinese father who allegedly paid US$6.5 million to get his daughter into Stanford University has another reason to worry: His pharmaceutical company is under scrutiny by the Shanghai stock exchange regulator over the level of its sales expenses.

The company, which sells herbal medicines and bio-pharmaceuticals, said that the sales expenses were for general marketing and consulting, but did not explain why it was higher than the industry average. Paying fees to doctors and hospitals for prescribing products is an oft-reported although legally questionable occurrence in the pharmaceutical industry in China. In 2014, British drugmaker GlaxoSmithKline had to pay a half a billion dollar fine after China charged the company with bribery of local health officials.

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