PwC resigns as SkyePharma auditor
Big Four firm ends work with drug technology company
UK-listed SkyePharma has announced that PricewaterhouseCoopers has resigned
as auditor following the completion of the company’s financial statements for
the 2005 financial year.
PwC had been the company’s auditor for the last ten years.
In its resignation letter PwC stated that: ‘We confirm that there are no
circumstances connected with our resignation which we consider should be brought
to the notice of the shareholders or creditors of SkyePharma PLC.’
SkyePharma’s audit Committee has invited tenders from ‘certain qualified
auditing firms’ and the company would make a further announcement when a new
auditor is appointed.