The 136-year-old New Zealand Medical Journal (NZMJ) was saved by the Pasifika Medical Association Group.
The New Zealand Medical Journal (NZMJ) will live after its 136-year-old publisher is likely to be liquidated next week.
The Pasifika Medical Association Group (PMAG) has purchased the journal from the New Zealand Medical Association (NZMA), which faces a liquidation vote on July 4, said NZMA Board Chairman Dr Alistair Humphrey.
The NZMA published the first edition of the journal in September 1887, and it remains the primary scientific journal for the medical profession in Aotearoa, serving as a platform for the latest research, as well as editorials and opinion pieces from the ‘industry.
Its future has been uncertain since the NZMA board recommended liquidation in May 2022, citing stagnant membership and cash flow problems.
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At the time, Humphrey said, “Despite their best efforts, the financial situation has grown increasingly precarious and the reality now is that this board and this president must convey the heartbreaking news to the membership: the financial situation of the New L Zeeland Medical Association is not viable.
The journal was a key asset and meant a lot to players in the health sector, he said.
“After expressing our condolences for the association, members and staff, the number one question we’ve received since the recommendation for liquidation has been ‘what will happen to the newspaper?’ “”
Humphrey was grateful to PMAG and its president, Dr. Kiki Maoate, “for taking over this important taonga”.
Professor Frank Frizelle will remain editor – a post he has held for more than 20 years, Humphrey said.
Official ownership of the journal transfers on July 1 and NZMA members will take their final vote to confirm the association’s liquidation on July 4.