From the administrators' statement

The company was incorporated in 2010 and provided executive search consultancy dedicated exclusively to the life science industry

The company was headquartered tn London and had subsidiary companies in Switzerland, the USA and India

The company was profitable in the year to March 2011 but suffered severe issues as a result of associated companies and cross-guarantees Two associated companies have entered into insolvency processes and one (a non-trading company) 's about to do so Another company has been rescued by a management buyout

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Euromedica Limited (07176902)

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