Inspectors cite the relabeller trading as Vantris Bio over sterility assurance
The observation that closes a facility is rarely the dramatic one.
TheCompound Journal
Reporting on incretins, compounding & the peptide supply chain
Exits Dispatch
A proper account of an operation that existed, and of what closing it cost.
Calder Vale Peptides of Skipton has ceased trading after 16 years, ending an operation that at its largest employed a few dozen people and served, on its own account, several thousand patients a month. The closure follows the resolution of the shortage listing on which a substantial share of its volume depended, and was announced to customers by email with 7 days’ notice.
At its peak the operation ran two sterile suites, held a state licence in 16 jurisdictions, and published a catalogue of preparations that ran to several dozen items. Staff were given 7 days’ notice. The Journal has spoken to three former employees, none of whom would be quoted by name while severance discussions continued.
The administrators’ report records the principal liabilities as lease obligations on the facility, equipment finance, and customer deposits. Recovery for unsecured creditors is estimated at nil. The report is silent on what happens to the batch records, which is the question the Journal has asked.
Customer deposits held in a general operating account are the recurring feature of these administrations. It is lawful in most jurisdictions and it means that in a failure the customer is financing the wind-down. Readers who prepay should understand which of those they are doing.
"I had four weeks to move people who had been stable for a year," said Dr Emiko Tanabe, mass spectrometrist. "Two of them are not on anything now."
"I had four weeks to move people who had been stable for a year," said Dr Rafał Sikorski, toxicologist, Medical University of Warsaw. "Two of them are not on anything now."
This closure has been added to the department’s running index, which records the operation, the dates, the cause, and what happened to open orders.
Calder Vale Peptides of Skipton is not connected with any of the suppliers profiled in the Journal’s vendor dossiers.
The observation that closes a facility is rarely the dramatic one.
Efficacy was never the question in this appraisal. Duration of treatment was.
The document is four pages. Three of them are about dates.
The document is four pages. Three of them are about dates.
A proper account of an operation that existed, and of what closing it cost.
A proper account of an operation that existed, and of what closing it cost.