Pharmaserve (North West) Limited - Administration

Pharmaserve (North West) Limited, an MHRA-regulated contract development and manufacturing organisation with a focus on respiratory products and applications, entered administration on 13 September 2023. Immediately on the appointment of Jimmy Saunders and Michael Lennon of Kroll as joint administrators, the Company’s contract development business and certain assets were sold to Noveayr Respiratory Services Limited, saving 58 jobs. A number of HSBC Bank entities and Obg Pharmaceuticals Limited have registered charges against the company.