The heavy fines handed to Little Green Pharma (LGP) for breaching advertising regulations were met with internal “disbelief”, chairman Michael Lynch-Bell has said, as he acknowledged that financial break-even must be a priority in FY24.

Writing in LGP’s annual report, Lynch-Bell admitted 2023 was “heavily marred” by the A$373,000 fine dished out by the Therapeutic Goods Administration (TGA) in September 2022.

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Steve has reported for a number of consumer and B2B titles over a journalism career spanning more than three decades. He is a regulator contributor to health journal, The Medical Republic, writing on...

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