Jim Selim, the founder of Pan Pharmaceuticals, has died after a recent stroke and battle with leukaemia. He was 68.
Born in Egypt, Mr Selim set up Pan in 1974 with four staff. By 2002 he was one of the wealthiest 100 Australians, worth $210 million, according to the BRW Rich list that year. Read full story
Pan founder suffers stroke
KATE LAHEY
May 20, 2010
The founder of Pan Pharmaceuticals, Jim Selim, has suffered a stroke that has left him partially paralysed and unable to speak, a court has heard. read full story
2nd Nov 2009
Jim Selim to testify in pharmaceuticals class action
PAN Pharmaceuticals founder Jim Selim will give evidence in a massive $120 million class action next month, following a recent court ruling.
Mr Selim's testimony will be heard in a closed court and he will not be subject to cross-examination. read full story
Instead, a judge alone will question him, in a rarely used procedure.
*Green MP sue Kedgley will work with the Minister of Health Tony Ryall and Associate Minister Jonathan Coleman to develop a regulatory system specific to new Zealand, rather than the trans-Trasman model proposed by Labour.
The company that released contaminated flu virus material from a plant in Austria confirmed Friday that the experimental product contained live H5N1 avian ...
Officials are trying to get to the bottom of how vaccine manufacturer Baxter International Inc. made "experimental virus material" based on a human flu ...
By Michelle Fay Cortez and Jason Gale Feb. 24 (Bloomberg) -- Baxter International Inc. in Austria unintentionally contaminated samples with the bird flu ...
3rd Mar 2009
Trans-Tasman health products agency back on agenda
The Government is back in talks with Australia over the establishment of a trans-Tasman agency to regulate health products.read article
The Alliance for Natural Health (ANH) calls today for an urgent independent inquiry into the scientific methods used by Europe’s highest authority on food safety, the European Food Safety Authority (EFSA). This call comes on the back of the ANH’s highly critical analysis, published on its website today, of EFSA’s decision to approve for food supplement use the chemical sodium monofluorophosphate, the same chemical commonly added to toothpaste and mouth washes to prevent or treat tooth decay
27th Jan 2009
Distinguishing Food from Medicine: European Court defines borderline
A recent decision of the European Court of Justice has delineated the borderline between food and medicine in a case involving a German pharmaceutical importer and the administrative authorities. The Lueneburg district's administration had challenged Hecht-Pharma that their product called "Red Rice" was a medicine by function, and that it could not be legally sold in Germany. A "medicine by function" is a product presented and sold as a food, that is determined to really be a medicine because its function is that of "restoring, correcting or modifying physiological functions in human beings".
16th Jan 2009
Naturopath faces Therapeutic Goods Administration's bitter pill
The Australian, Australia - 16th Jan 2009
He has become part of a $120 million class action against the commonwealth over its role in the collapse of Pan Pharmaceuticals, which once supplied his ...
14th Jan 2009
Drug risks prompt watchdog to extend powers
The Australian, Australia - Jan 14, 2009
THE drugs watchdog is considering extending its control over medicines to include their distribution for the first time, amid fears about the security and ...
3rd Jan 2009
Silence over Pan bureaucrats
The Australian, Australia - Jan 2, 2009
"The matter of Pan Pharmaceuticals is currently the subject of legal proceedings and it would be inappropriate to comment," Ms Elliot's spokesman said. ...
Pan Pharmaceuticals founder Jim Selim says he has been asked to
join the board of a large company
Joe Kelly | October 29, 2008
PAN Pharmaceuticals founder Jim Selim is considering a
return to corporate life after beating criminal charges stemming
from the collapse of his company and receiving a $55 million payout
from the federal Government.
Mr Selim, who yesterday donated $1million to the Leukemia
Foundation at Sydney's Royal North Shore Hospital, told The
Australian he had been asked to join the board of a large
company. read full article click here
Class
action seeks $200m for Pan losses
Trading Markets (press release), CA - 8th Sept 2008
However, Pan founder Jim Selim in mid-2008 has won
an out-of court settlement worth $A55m to his case alleging
misconduct by the TGA, ...
5th
Sept 2008
Class
action follows Selim settlement
Melbourne Herald Sun, Australia - 5 Sep 2008
In 2003, the TGA cancelled Pan
Pharmaceuticals' licence and recalled 1600 of its products
following questions about their ingredients.
...
IMF leads
class action against government over
Pan
The Australian, Australia - 5 Sep 2008
That recall -- the largest ever for that type of product -- and the
suspension by the TGA of Pan's
licence, caused the company to collapse, ...
Pan
victims seek $200m
The Age, Australia - 5 Sep 2008
Last month, the Government paid a record $55 million to
Pan founder Jim Selim, ending a Federal Court case
that highlighted the actions of senior TGA...
Class
action launched over Pan collapse
Sky News Australia, Australia - 5 Sep 2008
The action is to be made on behalf of shareholders, customers and
creditors of Pan, which collapsed after the
Therapeutic Goods Administration (TGA)
...
4th
Sept 2008
Pan
class action launched
Sydney Morning Herald, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Companies
take action against govt
Sky News Australia, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Class
action launched over Pan collapse
NEWS.com.au, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Class
action launched over Pan collapse
The West Australian, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Class
action launched over Pan collapse
The Age, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Pan
class action launched
The Age, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Pan
class action launched
WA today, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Class
action launched over Pan collapse
Sydney Morning Herald, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Class
action launched over Pan collapse
Brisbane Times, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Class
action launched over Pan collapse
Ninemsn, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Pan
creditors to sue govt over losses
The West Australian, Australia - 4 Sep 2008
A class action has been launched against the
federal government on behalf of companies that suffered massive
losses after the collapse of Pan...
Class
action launched over Pan collapse
Courier Mail, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Class
action launched over Pan collapse
Daily Telegraph, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Class
action launched over Pan collapse
Melbourne Herald Sun, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Class
action launched over Pan collapse
Sunday Times.au, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Class
action launched over Pan collapse
Adelaidenow, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Class
action launched over Pan collapse
PerthNow, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Class
action launched over Pan collapse
Mercury, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Class
action launched over Pan collapse
NEWS.com.au, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Class
action launched over Pan collapse
The Australian, Australia - 4 Sep 2008
In 2003, the Therapeutic Goods Administration
(TGA) recalled 6000 Pan products
following questions over their ingredients, and suspended the
company's ...
Class
action expected against Australian drug administrator
Radio Australia, Australia - 4 Sep 2008
Five years ago the Therapeutic Goods Administration
(TGA) suspended Pan
Pharmaceuticals' licence and recalled its goods, causing many
shareholders and ...
Pan
shareholders, businesses to launch class
action
ABC Online, Australia - 4 Sep 2008
Five years ago the Therapeutic Goods Administration
(TGA) suspended Pan
Pharmaceuticals' licence and recalled its goods, causing many
shareholders and ...
4th
Sept 2008
Pan settlement opens door for huge class action
Australian Broadcasting Corporation
Broadcast: 04/09/2008
Reporter: Thea Dikeos
The $55 million settlement between the Commonwealth and Pan
Pharmaceutical founder
Jim Selim has opened the door to a huge class action, that could
cost more than $100
million. Major losses were incurred by shareholders and businesses
when Pan collapsed
after the therapeutic goods administration suspended its licence
and recalled its products
in 2003. The legal battle has exposed some of the secretive
machinations involved in the
biggest drug recall in Australian history. read transcript
PDF
Watch the 7:30 report Windows Media Video, click here
3rd
Sept 2008
Poisoned
boy's mother slams recall system
Holbrook Chronicle, Australia - 3 Sep 2008
The same day the Federal Court awarded the former
Pan Pharmaceuticals boss Jim Selim $55 million as
a result of a botched recall by the TGA in 2003,
...
Poisoned
boy's mother slams recall system
Narromine News and Trangie Advocate, Australia - 3 Sep
2008
The same day the Federal Court awarded the former
Pan Pharmaceuticals boss Jim Selim $55 million as
a result of a botched recall by the TGA in 2003,
...
Wed, 27 Aug 2008 - Otago Daily Times
The Australian Federal Government's decision to pay a record $A50
million (NZ$62.3 million) compensation to the founder of
complementary medicine manufacturer, Pan Pharmaceuticals, does not
impact on New Zealand, Food Safety Minister Lianne Dalziel says.
read full article
25th
Aug 2008
Why there won't be an enquiry into the TGA
25 August 08
In the wake of the Pan settlement, the complementary medicines
sector on both sides of the Tasman is calling for an enquiry into
the Therapeutic Goods Administration but, whatever the merits of
the call, an enquiry almost certainly won’t happen. read PDF
25th Aug
2008
TGA class action now certain
Posted 25 August 2008
The race to mount a class action against the TGA on behalf of
individuals and business affected by the Pan recall is well and
truly under way with a number of plaintiff lawyers said to be
chasing the potentially lucrative prize. read PDF
24th Aug
2008
Medical payouts soar
5:00AM Sunday August 24, 2008
By Michelle Coursey
ACC payouts for medical mistakes, treatment injuries and adverse
reactions to medicine have jumped by 1100 per cent in three years.
Total accepted claims until 2005 cost $5 million, but have since
risen to just over $60m. And the rise shows no sign of slowing,
with more than $6m paid out in July, the first month of this
financial year. read full story
23rd Aug
2008
Pan Pharmaceutical class actions pending
23rd August 2008, 10:56 WST
More than 100 companies have expressed interest in joining a class
action against the federal government over the collapse of Pan
Pharmaceuticals in 2003. read full article
Pan Pharmaceuticals wins $50m settlement.
THE founder of Australian complementary medicine manufacturer, Pan
Pharmaceuticals, which had its licence withdrawn by the Therapeutic
Goods Administration in 2003, has received a record $A50 million
(NZ$62.3 million) compensation payout from the Federal Government.
read PDF
20th
May 2008
Pan Pharmaceuticals decision to have major
repercussions
Watching Brief is a regular publication
from Russell McVeagh on developments in public law and policy of
interest to New Zealand business.
In 2003 the Australian Therapeutic Goods Administration ordered the
recall of 1600 products manufactured by Pan Pharmaceuticals and
cancelled its licence to operate. Similar action followed in New
Zealand and in short order Pan, a $300 million plus company,
collapsed.
Claiming a breach of a duty of care and abuse of power, Pan's
founder Jim Selim sued the TGA for AUD $234 million. read full article
20th
Aug 2008
Drug body's bitter pill
Susannah Moran | August 20, 2008
IN late April 2003, days after the Therapeutic Goods Administration
ordered the world's biggest recall of complementary medicines,
consumers were busily throwing out their bottles of Pan
Pharmaceuticals' vitamins and packets of pain relievers and
pharmacists were clearing their shelves. http://www.theaustralian.news.com.au/story/0,25197,24209101-23289,00.html
18th
Aug 2008
Rudd: Corporate Terrorism Inquiry Needed
Tuesday, 19 August 2008, 10:15 am
Press Release: Ron Law, Risk & Policy Analyst
"Australian Prime Minister Kevin Rudd must initiate a formal
inquiry into the the Australian Therapeutic Goods Agency's (TGA)
use of fraud and lies to justify its 2003 corporate terror raid on
Pan Pharmaceuticals and the wider natural and traditional
healthcare product industry," says risk & policy analyst Ron
Law. http://www.scoop.co.nz/stories/PO0808/S00234.htm
18th
Aug 2008
TGA’s ‘vengeful’ action sees record $50
million payout by Australian Government
The Therapeutic Goods Agency (TGA) which wants to
take control of New Zealand’s natural health products sector has
been found guilty of destroying a multi-million dollar business
illegally – seeing 400 jobs and $350 million of shareholders funds
lost.
Jim Selim, the founder of Pan Pharmaceuticals, has been awarded a
record $50 million payout in the Australian courts plus costs of $5
million from the Federal Government.
The shocking judgment found the Australian regulatory agency
illegally persecuted Pan Pharmaceuticals and after closing it down
officials shredded documents which said there was not enough
evidence to close it.
New Zealand Health Trust spokesman Dave Sloan said New Zealand had
only narrowly escaped being subject to the same regime.
Annette King signed up for the new even more powerful TGA and tried
to push legislation through parliament despite multi-party
opposition. Mr Sloan said New Zealand businesses had known for
years how bad the system was in Australia, and were terrified
Government would drag the local industry into it.
“The judgement out of Australia shows the industry’s fears were
completely justified. The transcripts paint a picture of an
organisation which is totally out of control and we want no part of
it.”
“Thank goodness for the Health Select Committee and the support the
industry has had from National, The Green Party, The Maori Party,
United Future and New Zealand First, Mr Sloan said.”
“The industry has been forced to fight for more than five years to
stop the Government feeding us to the lions of the TGA at a cost of
millions of dollars. Surely now it is time for the Government
to put the ill-conceived joint-agency plan to rest once and for
all.”
ENDS
For further information contact
Dave Sloan, New Zealand Health Trust, 03 3519807
18th
Aug 2008
Companies line up to sue TGA
Posted 18 August 2008
Companies affected by the 2003 recall of Pan-manufactured products
and the subsequent collapse of the company are already talking up
plans to sue the Therapeutic Goods Administration (TGA) for
compensation in the wake of last week''s payout to Pan founder Jim
Selim. read PDF
18th
Aug 2008
TGA and Pan - has anything changed in five years?
18th August 2008
It is rare, in fact almost unheard-of, to gain so revealing a
glimpse inside the Therapeutic Goods Administration (TGA) as that
provided by the cross examination of its staff in the Selim case,
but how concerned should industry be about what their evidence
revealed? Read PDF
18th
Aug 2008
Australian regulator pays Pan $55m after recall rethink
By Shane Starling
18-Aug-2008 -
The Australian Therapeutic Goods Administration (TGA) will pay
$55 million (€32.58m) to liquidated supplements manufacturer Pan
Pharmaceuticals after inappropriately recalling the company’s
entire 1600-product suite in 2003. read full article
16th
Aug 2008
Pan class action to follow payout
The Australian
Susannah Moran | August 16, 2008 A CLASS action against the federal Government is set to be
launched next week after the $55million payout to Pan
Pharmaceuticals founder Jim Selim.read full article
15th
Aug 2008
Health regulators in shock over result
Mark Metherell
August 15, 2008
A $50 million Commonwealth payout over its pursuit of Pan
Pharmaceuticals has jolted health regulators and shocked Trish
Worth, the woman who had political responsibility for the
Therapeutic Goods Administration at the time. read full article
The Australian - Friday 15 August
Teresa Ooi and Lex Hall | August 15, 2008 BUSINESSES that lost money after the Pan Pharmaceuticals
2003 recall yesterday labelled the Therapeutic Goods
Administration's response to the crisis a "massive overreaction",
and many were considering legal action against the
Government.read full article
14th
Aug 2008
ABC “The 7.30 Report” 14 August 08
Pan pharmaceuticals CEO awarded $55m settlement
Australian Broadcasting Corporation
Broadcast: 14/08/2008
Reporter: Thea Dikeos
It was the biggest drug recall in Australian history and led to
the collapse of Pan Pharmaceuticals, the country's largest
manufacturer of complementary medicines. The founder and CEO Jim
Selim has always maintained the Therapeutic Goods Administration
abused its power and five years on the Federal Government has
agreed to a record settlement of $55 million.
The World Today - Thursday, 14 August , 2008
12:16:00
Reporter: Phillipa McDonald
ELEANOR HALL: The biggest drug recall in Australian history
has today led to a massive payout by the Federal Government.
The former head of Pan Pharmaceuticals, Jim Selim, has won
$50-million in damages and an extra $5-million for legal costs in
his case against the Therapeutic Goods Administration.
Five years ago his company collapsed when the TGA suspended its
licence and ordered the immediate recall of 219 of its products.
read full story
Govt rejects Selim's call for TGA inquiry
The Federal Government says it welcomes the resolution of a
long-running legal dispute with Pan Pharmaceuticals, however it has
rejected calls for an inquiry from the company's founder.The former
head of the company, Jim Selim has received $55 million in damages
and legal costs in a landmark settlement with the Therapeutic Goods
Administration (TGA).
Mr Selim claimed the TGA was negligent in recalling the travel
sickness Travacalm which lead to the company's collapse. He sued
the administration for $200 million, the company's value when it
collapsed. http://www.abc.net.au/news/stories/2008/08/14/2335641.htm?site=sydney
How many children must die before the insane practice of
unnecessary vaccinations is stopped? Click here for story
13th
May 2008
FOOD SUPPLEMENTS
A very enterprising independent film producer & supporter of
Save Our
Supplements Ireland has released a very effective & watchable
video about the
Food Supplements Directive: this can be viewed at: http://www.youtube.com/watch?v=5JOBY0KDERY
In the words of the video, "Is it fair or logical that we have the choice to destroy our own healthandbe a burden on the health service by smoking, binge drinking and eating fatty
foods, but we don't have the choice to stay healthy by supplementing our diet with
vitamins?"
17th
Apl 2008
GENERATION RX
Common Radius Films is a private documentary and media
development company based in Vancouver, British Columbia.
GENERATION RX marks the first film partnership between the company
and international award-winning writer/producer/director Kevin P.
Miller. This film explores how children have been caught in the
middle of an unprecedented change in Western culture: that of
drugging children with psychiatric medications earlier — and more
often than ever before.
GENERATION RX has already garnered the support of some of the most
respected names in Hollywood, including writer/director Paul
Haggis, who won back-to-back Academy Awards for "Million Dollar
Baby," and "Crash." GENERATION RX, Mr. Haggis said, "is a powerful
and often chilling eye-opener. Weeks after viewing, the stories
continue to haunt me."
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