Troubled Melodiol Global Health has racked up A$17 million worth of debt, an initial administrator’s report has revealed, as efforts continue to sell its distribution arm, Health House.

Claims worth almost $5m have been lodged by unsecured creditors, with Melodiol owing almost $250,000 to Perth-based law firm Steinepreis Paganin, $550,000 to ASX Operations and $396,000 to corporate advisory firm, Azalea Corporate Services.

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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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