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    AIM-listed Neuropharm lines up GT as liquidators

    AIM-listed Neuropharm lines up GT as liquidators

    Grant Thornton's Samantha Jane Keen and Ian Carr lined up for joint liquidators' role at Neuropharm

    Author Writer Date published April 20, 2010 Categories

    Neuropharm’s
    directors are proposing to put the AIM-listed company into a members’ voluntary
    liquidation.

    The company wants to pay off its liabilities and return any left-over funds
    to its shareholders.

    Grant
    Thornton’s     Samantha Jane Keen and Ian Carr would be appointed joint
    liquidators under the proposal.

    The company had failed to show through clinical trials that its treatment for
    autistic disorder, NPL-2008, would improve patients’ health. Attempts to
    continue its trials, or a sale of the business, fell through.

    Further reading:

    PwC:
    UK corporate insolvencies levelling out

    Sage
    chief Walker to step down after 16 years

    Pompey
    administrator appoints CEO

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