# Syntropharma Limited (SC279236)

> Why UK company SC279236 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC279236

- **Status:** Administration ended
- **Administration began:** 2020-07-10
- **Administrators:** Duncan Andrew Christopher Raggett
- **Administrators' firm:** Aab Business & Tax Advisory
- **Formerly:** Nine Hill Street Limited
- **Incorporated:** 2005-02-01
- **Location:** Aberdeen
- **Industry:** 82990 Other business support service activities n.e.c.

## Why it went into administration

- COVID-19
- Rising costs / inflation
- Brexit

## From the administrators' statement

2.1, Company history and trading position

The Company was incorporated on 1 February 2005 and was a medical research and development Company trading from premises at Tweed Horizons Business Centre, Newtown St Boswells, TD6 0SG.

The Company’s main product was an anti-depressant patch developed in tandem with Amarin. Whilst Amarin hold the IP for the patch, under the terms of the development deal, the Company owns the exclusive world-wide rights to the patch. The Company set up a number of sub-licencing and distribution agreements and generated income from the commission payable on the sales made by their partners. lee .

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC279236/filing-history/MzI3NjczODMwNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC279236

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.