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PharmEng Restructures

PharmEng International Inc. has decided to reduce corporate costs as part of its ongoing restructuring efforts.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

PharmEng International Inc. has decided to reduce corporate costs as part of its ongoing restructuring efforts. Chief financial officer Brian Fielding, vice president of marketing John Durham and vice president Charles Ivey have left the company, while chief executive officer Alan Kwong has taken a 50% salary reduction. In addition, several members of the company’s board have resigned: Bernard Boudreau, Edgar Parker, Aditya Jah, Vasu Chanchlani and Michael Sefton....

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