MedWatch

Pharma Nord is back on track following disastrous years

The Danish food supplement company Pharma Nord, which has lost hundreds of millions in recent years on forward exchange contracts especially, is once again producing black numbers.

Foto: Ulrich Borch/JP

The major Danish food supplement company Pharma Nord is back on track following huge deficits in 2010 and 2008. After a number of operational tweaks, a minimizing of exchange risks and increased sales, the course has been set for a reestablishment of company equity.

That’s the overall message in the recently published financial statement for 2011 from the company.

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