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Phosphagenics fraud

WebNov 7, 2014 · Former Phosphagenics chief executive Esra Ogru has been sentenced to six years jail for creating an elaborate system of fake invoices and credit card claims to … WebTHE former chief executive of Phosphagenics, Esra Ogru, faces up to 10 years in jail after admitting to defrauding the company of more than $6.1 million.

Former chief executive pleads guilty to $6 million fraud …

WebJul 29, 2014 · Phosphagenics Limited is a drug delivery company that is commercialising various products within the pharmaceutical, cosmetics and animal health sectors, using its proprietary drug delivery system ... WebThe risks that may cause Phosphagenics’ actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements, include but are not limited to: (1) risks inherent in the development, approval and commercialization of potential products; (2) uncertainty of clinical trial results or … dalian hongren whole grain foodstuf https://petersundpartner.com

Biotech implicates five more in fraud - theaustralian.com.au

WebEsra Ogru — a respected scientist once viewed as a rising star in the Australian biotech scene — used fake invoices and credit card claims to obtain nearly $4 million from Phosphagenics while orchestrating the elaborate scheme that led the publicly listed company to lose more than $6m over nine years. WebAug 26, 2015 · Murdoch has started the hard work of bringing the focus of the market back on to Phosphagenics’ platform technology – but the share price is down 87% since news of the fraud broke. Phosphagenics is now capitalised at $21 million. Phosphagenics’ proprietary drug delivery platform technology is called Targeted Penetration Matrix, or TPM. WebJul 24, 2013 · The former chief executive of cosmetics maker Phosphagenics was one of several people who cheated the company of $5.7 million, the company says. bip gas facturas

14-296MR Former CEO and two Melbourne men jailed …

Category:Phosphagenics Limited - Melbourne, Australia

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Phosphagenics fraud

Phosphagenics Provides Update on Opioid Patch Program - PR …

WebAug 22, 2014 · Former Phosphagenics chief executive Dr Esra Ogru has pleaded guilty to her role in defrauding the company of $6.1 million. SBS News Former CEO pleads guilty to fraud WebNov 12, 2024 · Today’s verdict. “As shareholders will recognise, this arbitration loss has a serious impact on the company and the board will need to carefully consider the alternative courses of action available to it,” Phosphagenics stated. Final costs are yet to be awarded. Phosphagenics noted it had spent about $5.6 million on legal and arbitration ...

Phosphagenics fraud

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WebThe former chief executive of cosmetics maker Phosphagenics was one of several people who cheated the company of $5.7 million, the company says. WebAug 24, 2010 · Phosphagenics is a Melbourne-based, globally driven biotechnology company focused on the discovery of new and cost effective ways to enhance the …

WebOct 26, 2024 · MELBOURNE – Promising clinical trial results for Phosphagenics Ltd.’s transdermal analgesic patches have eased the pain of a year bruised by surprise allegations of fraud against the Melbourne biotech’s former CEO Esra Ogru. Phosphagenics founder and major shareholder Harry Rosen flew back from New York to take the reins mid-year, but he …

WebDr Robert Gianello, a former Phosphagenics employee, was sentenced to four years imprisonment for his role in the theft of more than $4.6 million from the company. Dr Gianello was ordered to serve a minimum of two years before being eligible for parole. WebAug 22, 2014 · The fraud came to light following an audit of Phosphagenics' books last year and Dr Ogru has already agreed to repay some of the stolen funds. Phosphagenics is developing an opiod skin patch to ...

WebAug 26, 2015 · In November 2014, its high-flying former chief executive officer, Esra Ogru, was sentenced to six years in jail for creating an elaborate system of fake invoices and …

WebOct 24, 2013 · Phosphagenics Limited is commercialising drug delivery applications based on its novel transdermal (drugs administered via skin) TPM ® – Targeted Penetration Matrix technology. TPM ® is a patient... bip grant applicationWebStuart Roberts. Founder and Senior Analyst. Pitt Street Research and NDF Research. I am an equity research professional who worked in stockbroking from 2001 to 2015. After 15 months doing investor relations I returned to equity research with the founding of NDF Research. With Marc Kennis I founded Pitt Street Research in July 2024. dalian hongye machineryWebJan 14, 2015 · Ms Ogru and her co-conspirators have agreed to pay back the fraudulently obtained money. The mother of two was sentenced to six years in jail last November, although she will be eligible for parole in two years. Interim chief executive Harry Rosen, who owns 5 per cent of the company, will remain as a director. bip gastricoWebJul 25, 2024 · In that filing Phosphagenics alleged ‘breaches of several provisions under the two relevant agreements, fraudulent or negligent misrepresentations, breaches of confidence and/or unjust enrichment... bip gm maly plockWebJul 24, 2013 · TROUBLED biotechnology company Phosphagenics has taken steps to recoup nearly 5.7 million in misappropriated funds, confirming that it had lodged caveats over several properties owned by its ... dalian international marathonWebDr Robert Gianello, a former Phosphagenics employee, was sentenced to four years imprisonment for his role in the theft of more than $4.6 million from the company. Dr … dalian huarui heavy industry internationalWebAug 22, 2014 · Former Phosphagenics chief executive Dr Esra Ogru has pleaded guilty to her role in defrauding the company of $6.1 million. bip gourmand olivet