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Collapsed Medipharmacy chain sold to PI-Gen Pharma for £7.1m

 
• By James Stent

A £5.8m loss and “increased creditor and cashflow pressures” caused the 25-strong chain to enter administration.  

According to the administrator’s report, “creditor arrears” had reached an approximate £19.9m by August 2023
James Stent

Read more by James Stent

James Stent joined C+D as a digital reporter in May 2023 from the South African human rights news agency GroundUp, where he was senior reporter and consultant editor.

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