LIQUIDITY ALERT: Synovics Pharmaceuticals Current Deficit Up 16%

Synovics Pharmaceuticals, Inc.,’s working capital deficit rose by 63.2%, from US$6,335,161 at Oct. 31, 2008 to US$10.337.159 at April 30, 2009.

The Company reported US$5,134,320 in current assets and US$15,471,479 in…

LIQUIDITY ALERT: Synovics Pharma’s Current Deficit Down by 67%

Synovics Pharmaceuticals, Inc.’s working capital deficit dropped by 67%, or US$13.12 million, from US$19.45 million at Oct. 31, 2007 to US$6.33 million at Oct. 31, 2008.

The Company reported US$7.16 million…