After transformation under new CEO, Leo Pharma touts innovation model and financial progress

After transformation under new CEO, Leo Pharma touts innovation model and financial progress

Source: 
Fierce Pharma
snippet: 

Taking over as CEO for an aging company in dire financial straits and in need of a slim-down was a challenging assignment for Christophe Bourdon.

But under Bourdon’s watch, Leo Pharma is taking steps toward a rebound. Last month, the 115-year-old Danish private company reported that it cut its operating costs by 14% in 2023 while increasing its revenues by 7%.