Leo Pharma disappoints as deficit surpasses USD 720m

Leo Pharma’s deficit increased fivefold in 2021 to a bottom line result of DKK 4.9bn (USD 726.6m). Acting CEO Anders Kronborg acknowledges that this looks very disappointing, but says that the company has a plan to turn things around as early as next year.
by ulrich quistgaard, translated by daniel pedersen

Revenues are down as the bottom line deficit at Leo Pharma grows, the company’s annual report for 2021 reveals.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading