PAN PHARMA News O/T One for the Good Guys!

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http://news.smh.com.au/national/pan-pharmaceuticals-boss-to-get-compo-20080814-3vdf.html

 

The Commonwealth government will pay $55 million compensation to the principal shareholder of collapsed Pan Pharmaceuticals after the Federal Court found a government agency had been negligent.

 

 

 

to recap read this!

http://members.iimetro.com.au/~hubbca/pan.htm

 

Globally there was one privately owned large supplier of ingredients for the manufacture of nutritional supplements that was big enough to be in direct competition with trans-national pharmaceutical corporations. The supply chain of nutritionals and drugs has been fiercely coveted by the multi-national pharmaceutical corporations such as Roche, Merck and Wyeth, to name just a few. But Sydney based Pan Pharmaceuticals was a privately owned company, and a relatively big player that supplied most of Australia and a portion of the world market with ingredients for the formulation of nutritional supplements and a large variety of natural supplement products.

 

 

 

 

 

 

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