Sigma hit by Harrison’s

 In Australia, NewZealand, Pharmacy, Sigma
sigma Pharmaceuticals this morning announced that it expects to increase its provision for bad and doubtful debts, with the company owed about $9 million from the receivership of the Harrisons Group of pharmacies.

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Since Deloitte was appointed as receivers to Harrisons in March, Sigma has been “vigorously pursuing its Purchase Money Security Interest Claim (retention of title),” but according to an ASX update says it’s unlikely that it will fully recover the amounts owing. Pharmacy Daily – Read More.

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