• Most Popular
  • Most Shared

Shanghai man jailed for fake Viagra sales

Thu Apr 10, 2008 1:22pm EDT

Stocks

   

SHANGHAI, April 10 (Reuters) - The general manager of a Shanghai chemical company was jailed for two years on Thursday for selling fake tablets of the male impotence drug Viagra on the Internet, the official Xinhua news agency reported.

Yu Bohuai made a profit of over 60,000 yuan ($8,585) in 2006 and 2007 by selling 14,030 fake tablets to clients abroad and in Shanghai. He was arrested last July.

Viagra is marketed by Pfizer (PFE.N), the world's largest drug maker. The U.S. Food and Drug Administration approved it to treat impotence in 1998. ($1 = 6.99 yuan) (Reporting by Andrew Torchia; Editing by Jon Boyle)



More from Reuters

Photo

Obama blames "systemic failures" in U.S. security

KANEOHE, Hawaii (Reuters) - President Barack Obama on Tuesday blamed a combination of "human and systemic failures" for allowing the botched Christmas Day attack aboard a Detroit-bound U.S. airliner, in his first big test on homeland security. | Video

Leaves gather in front of an empty and boarded-up house in Youngstown, Ohio November 21, 2009.    REUTERS/Brian Snyder

Castles built on sand

Rust-belt American cities like Youngstown, Ohio were battered by the downturn. Now they're ready to move on, but it won’t be easy. The first in a three-part report.  Full Article 

REUTERS/James Saft

Welcome to the "Teenies"

Shrinking financial sector? Paltry investment returns? Welcome to the the next decade. Don't worry, there's some good news, too.  Commentary