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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Goldshield Grp | LSE:GSD | London | Ordinary Share | GB0002893823 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 486.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:9965A Serious Fraud Office 05 April 2006 Fraud on the National Health Service The Serious Fraud Office investigation into price fixing and market sharing by suppliers of generic drugs, specifically, warfarin and penicillin based antibiotics (amoxicillin, ampicillin, flucloxacillin, phenoxymethylpenicillin) has led to criminal proceedings being brought. Today, 5 April 2006, the Serious Fraud Office begins criminal proceedings against nine individuals and five companies alleging conspiracy to defraud in relation to the pricing and supply of warfarin, the branded drug Marevan, and penicillin based antibiotics between January 1996 and December 2000. The nine individuals who will be charged when they surrender their bail over the next three days are: - Denis William O'Neill, of Kent Pharmaceuticals Limited - John Stephen Clark, of Kent Pharmaceuticals Limited - Jonathan Raymond Close, formerly of Norton Healthcare Limited - Nicholas Mark Foster, formerly of Norton Healthcare Limited - Luma Auchi, formerly of Regent-GM Laboratories Limited (now in liquidation) - Michael John Frederick Sparrow, formerly of Generics (UK) Limited - Anil Kumar Sharma, formerly of Ranbaxy (UK) Limited - Ajit Ramanlal Patel, of Goldshield Group Plc - Kirti Vinubhai Patel, of Goldshield Group Plc Summonses issued by Bow Street Magistrates on Monday 3 April 2006 are also being served today upon the following five companies and their legal representatives: - Kent Pharmaceuticals Limited - Norton Healthcare Limited - Generics (UK) Limited - Ranbaxy (UK) Limited - Goldshield Group PLC (formerly Goldshield Pharmaceuticals (Europe) Limited) The individuals will be bailed following charge to attend Bow Street Magistrates Court on 27 April when the companies are also required to be represented. The Case Controller, Assistant Director Philip Lewis, says: "This important case involving an allegation of dishonest price fixing by companies is likely to have a significant impact upon the business culture of this country". Serious Fraud Office Elm House, 10-16 Elm Street, London, WC1X 0BJ Tel. 020 7239 7001/7004/7190 Mobile 0781 807 6688 This information is provided by RNS The company news service from the London Stock Exchange END MSCBRGDSRBGGGLS
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