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PharmaChem client pulled plug on overrun, output woe

PHARMACHEM Technologies’ sole customer yesterday confirmed to Tribune Business that it pulled the plug on the Bahamian drug maker due to cost overruns and its failure to meet production timelines.

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Davis: PharmaChem loss a blow to GB – but we tried to intervene

PRIME Minister Philip “Brave” Davis said the government was unsuccessful in intervening to prevent the closure of PharmaChem Technologies and the loss of more than 100 employees, which he called a “blow” to Grand Bahama’s economy.

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PharmaChem close sparks GB population shrink fears

The Grand Bahama Port Authority’s (GBPA) is “deeply saddened” by PharmaChem Technologies imminent closure amid fears it will further depopulate an already-shrinking Freeport.

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