AFT’s Hartley Atkinson hid info from business partner, judgment reveals

AFT’s Hartley Atkinson hid info from business partner, judgment reveals
Hartley Atkinson gave evidence in the trial. (Image: NZME)
Victoria Young
It has emerged that AFT Pharmaceuticals founder Hartley Atkinson deliberately withheld information from a key business partner.The chief executive of AFT admitted this in a high court case but said it was justified because he was trying to list the company and had no obligation to the partner, PBL. The hotly contested trial over the drug Pascomer, which treats facial angiofibroma that develops from a genetic disease, lasted several weeks in the high court at Auckland.While AFT and PBL have both made statements about the case, the full judg...

More Markets

Craigs beefs up in Hawkes Bay, eyes further expansion
Finance

Craigs beefs up in Hawkes Bay, eyes further expansion

Craigs looks to further expansion as it confirms the Somerset Smith Partners deal.

NZ dollar on watch ahead of 3Q GDP, Fed signals
Markets

NZ dollar on watch ahead of 3Q GDP, Fed signals

Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.

Seeking a faster, sharper ComCom
Economy

Seeking a faster, sharper ComCom

A ‘gold standard’ approach and siloed structure slow the ComCom down.

NZ sharemarket drifts flat as Fed decision looms
Markets Market Close

NZ sharemarket drifts flat as Fed decision looms

The S&P/NZX 50 Index closed down 0.05% or 6.5 points.

Tom Raynel 17 Sep 2025