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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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‘Another kick in the teeth’: GB to lose 100 PharmaChem jobs
The loss of more than 100 well-paid jobs through PharmaChem Technologies’ Friday shutdown was last night branded “another kick in the teeth” for Grand Bahama’s struggling economy.
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Javonya Valcourt and Alonzo Russell take spotlight in US
QUARTER-milers Javonya Valcourt and Alonzo Russell took the spotlight in various meets over the weekend in the United States as the outdoor season began to intensify for our collegiate and elite athletes.
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Supreme Court takes over PharmaChem’s liquidation
The liquidation of PharmaChem Technologies has been placed under the Supreme Court’s supervision due to the company’s massive insolvency, Tribune Business can reveal.
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PharmaChem more than $68m insolvent
PharmaChem Technologies is more than $68m insolvent with its major creditor having secured just 26.3 percent of the massive debt owed to it, Tribune Business can reveal.
