A key supplier of medicines across the UK fell into administration owing more than £57m after attempts to sell it fell apart.
Testerworld, part of the £300m turnover Converse Pharma Group and operating under the DE Group brand, collapsed along with stablemates Eclipse Generics Limited and Doncaster Pharmaceuticals in May leaving 1,000 people redundant.
Administrators have confirmed the North East-based business, which operated sites across the country supplying some 4,000 pharmacies, suffered irreparable damage after sector regulator the MHRA temporarily suspended its licence for a breach.
