New Zealand Medical Journal saved from liquidation

The New Zealand Medical Journal (NZMJ), which has been running for 136 years, has been rescued by the Pasifika Medical Association Group.

Instagram/Manor on the move

The New Zealand Medical Journal (NZMJ), which has been running for 136 years, has been rescued by the Pasifika Medical Association Group.

The New Zealand Medical Journal (NZMJ) will live on after its 136-year-old publisher is likely to be liquidated next week.

The Pasifika Medical Association Group (PMAG) has purchased the magazine from the New Zealand Medical Association (NZMA), which will go into liquidation on July 4, said NZMA board chair Dr. Alistair Humphrey.

The NZMA published the first edition of the journal in September 1887 and it remains the premier scientific journal for the medical profession in Aotearoa, serving as a platform for the latest research, as well as editorials and industry opinion pieces.

The future has been uncertain since the NZMA board recommended liquidation in May 2022, citing stalled membership and cash flow problems.

READ MORE:
* NZ Medical Association facing ‘heartbreaking’ liquidation after 136 years
* The New Zealand Medical Association appears to be going bankrupt after 136 years – will its absence matter?
*Covid-19 accelerated Medical Association’s demise before members voted to liquidate

Humphrey said at the time: “Despite their best efforts, the financial position has become increasingly precarious and the reality is now that this board and chairman must deliver the heartbreaking news to members: the financial position of the New Zealand Medical Association is unsustainable.”

The magazine was an important asset and meant a lot to people in the health sector, he said.

dr.  Alistair Humphrey, president of the NZ Medical Association is grateful that the 'important taonga' has been rescued.

Delivered

dr. Alistair Humphrey, president of the NZ Medical Association is grateful that the ‘important taonga’ has been rescued.

“After expressing condolences to the association, members and staff, the most important question we have received since recommending liquidation is, ‘what will happen to the magazine?’”

Humphrey was grateful to PMAG and its chairman, Dr. Kiki Maoate, for including this important taonga.

Professor Frank Frizelle will remain editor — a position he has held for more than 20 years, Humphrey said.

Officially owned the journal transfers on July 1 and NZMA members will cast their final vote on July 4 to confirm the association’s liquidation.