One of the North East’s largest companies has gone into administration with the immediate loss of 1,000 jobs.
Testerworld Ltd, part of the Converse Pharma Group, is a major supplier of medicines with turnover of around £300m. The company trades as DE Group and operates from offices in Great Park, Newcastle, and a facility in Prudhoe, Northumberland but it has ceased trading, along with a group of companies including Doncaster Pharmaceuticals, Crosspharma and Eclipse brands.
The business, which also has a Doncaster base, supplied more than 4,000 customers – including community pharmacies – across the country.
