The financial woes of OneLife Labs can be traced back to the order book it received from MediPharm Labs Australia in 2022, consultants working with the company have said, after revealing the operation had become “uncommercial and unsustainable”.
SBI Markets, which has provided guidance to the struggling business since mid-2024, said OneLife “took control” of the order book in addition to acquiring MediPharm Labs Australia’s Victoria-based manufacturing facility.
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