UK generics maker shutters, eliminating 1,000 jobs
Three generic drugmakers have ceased operations immediately, as their holding company has enlisted a consulting firm to oversee the process of administration as 1,000 employees lose their jobs.
Doncaster Pharmaceuticals Group, Testerworld, and Eclipse Generics have brought on the consulting firm Kroll as it winds down its operations. The three wholesalers are all a part of the Converse Pharma Group, a major supplier of drugs that has more than 4,000 customers.
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