API giant Euroapi is looking for new leadership after its board decided that CEO Karl Rotthier would step down from the role. Meanwhile, Biocon Biologics has named a new chief financial officer and Perrigo has announced a management change.
Euroapi, the active pharmaceutical ingredient business spun off from Sanofi last year, is now looking for new management after announcing that CEO Karl Rotthier would step down effective today, 30 October. The change follows a recent downgrade in guidance for this year and suspension of longer-term targets (see sidebar).
“Euroapi’s board of directors met on 25 October 2023, and decided that Karl Rotthier will step down as CEO, effective 30 October 2023,” the company
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