Canadian Government issues ultimatum: Contract Termination Looms for Symbio Pharmaceutical Co.,LTD, Japan.

In a significant development, the Canadian government has issued a warning to Symbio Pharmaceutical Co.,LTD ,Japan,indicating the possibility of terminating the 5-year contract that was signed between the two parties. Canadian government in February,2024 had signed a 5 years contract with Symbio Pharmaceutical Co.,LTD , for production and supply of Advance Hospital Equipment to 4 largest and most populous provinces in Canada(Ontario,Quebec,British Columbia and Alberta).Symbio Pharmaceutical Co.,LTD inability to meet the production and supply needs of these provinces has left the government with no choice than to issue a termination notice to Symbio Pharmaceutical Co.,LTD,Japan.

Chairman/President of the Board Members ,Dr.Fuminori Yoshida in his chat with Newsplus247 crew stated that the reasons for the delay in production and supplies is due to shortage of production raw material. He however stated that the company have discovered a new Mining site/location in Bangladesh and effort to send a team of delegates for the procurement is in top gear.