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New chairman to prepare Leo Pharma for IPO with new launches and financial discipline

Leo Pharma's incoming chairman Jesper Brandgaard says that the company might get listed at some point in the future. Firstly, however, new products must be launched, and the company's earning capacity needs to be improved, according to the former CFO, who operates with a 3-5 year time frame.

Photo: Leo Pharma.

2021 has been a busy year for Leo Pharma.

In March, the company announced that Nordic Capital had secured minority ownership of the company with a DKK 3.4bn (USD 540.9m) investment. Since then, both the pharmaceutical company and the owner fund, the Leo Foundation, have changed their chairmen. On Thursday, Leo Pharma's new chair was announced.

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