3 wholesalers servicing 4,000 pharmacies go into administration

[helvella]

The article below might be behind some of the issues members have had obtaining prescription medicines in the UK.

3 wholesalers servicing 4,000 pharmacies go into administration

Three wholesalers jointly providing pharmaceutical products to 4,000 pharmacies in the UK have “ceased to trade with immediate effect”, the appointed administrators have announced.

Doncaster Pharmaceuticals Group Limited, Testerworld Limited, and Eclipse Generics Limited appointed American consulting firm Kroll on Monday (May 9) to oversee the process of administration, Kroll wrote in a statement to C+D today (May 12).

Headquartered in Doncaster and Gosforth, the companies “today” serve about 4,000 pharmacies and operate from 14 UK locations, with a “turnover of around £300 million”, Kroll wrote.

The three companies trade “under the Doncaster Pharmaceuticals, DE Group, Crosspharma and Eclipse brands” and are part of the Converse Pharma Group.

“The joint administrators are working with the relevant authorities to provide support to those employees affected by today’s announcements,” the spokesperson said.

There is a bit more of this story here:

chemistanddruggist.co.uk/CD...

[nellie237]

It's a very sad state of affairs when on the one hand the NHS is being charged extortionate amounts for the meds that have been investigated by the CMA, but on the other they are clearly not paying enough to get those meds to the patients.

Best remember not to put prescriptions in at the last minute then.