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‘Extremely disappointed and surprised’: PharmaZen in receivership

The USX-listed nutraceutical company has accused BNZ Bank of refusing to meet with a major investor who wanted to recapitalise the business.

AiOra is PharmaZen/Waitaki’s branded product range of highly-functional, freeze-dried bovine organs and glands.

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The board of USX-listed nutraceutical company PharmaZen has hit out at BNZ after the bank appointed receivers yesterday. 

In a brief statement this morning, the board said it was “extremely surprised and disappointed” by the move and claimed that BNZ’s representative had refused to meet with

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Nicholas Pointon Tue, 31 Mar 2026
Contact the Writer: nicholas@nbr.co.nz
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© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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‘Extremely disappointed and surprised’: PharmaZen in receivership
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