MedWatch

Leo Pharma owner: "You can’t go public without a growth outlook or an interesting pipeline"

Leo Pharma must create growth and secure a proper pipeline. ”The rest can be figured out if those two things are sorted,” says Peter Haahr, CEO of Leo Pharma’s majority shareholder, the Leo Foundation.

Photo: Leo Pharma/PR

Several top managers have been replaced and the organization’s management looks markedly different from just a few years ago. The company is leaking money, and has announced that 1,000 positions are to be terminated.

The main owner of pharmaceutical company Leo Pharma is now saying that it is not possible to save up for success alongside capital fund Nordic Capital ahead of the expected IPO within four or five years.

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