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Hyloris Replaces Leadership After Continued Transaction Woes

The Company’s CEO, CFO and CLO Will All Step Down

 
• By Adam Zamecnik

Marking a further development in the story of Hyloris’ in-licensing deal with QliniQ, the company’s board has announced significant leadership and organizational changes to address potential concerns.

Image of a group of auditors
• Source: Shutterstock

The CEO and two other executives at Hyloris Pharmaceuticals are leaving their posts as part of company-wide changes, as the company continues to wrestle with new developments linked to how it accounted for its in-licensing transactions with the Dutch business QliniQ.

Originally announced in January 2023, Belgian value added medicines specialist Hyloris stated that it had acquired global rights to the ongoing development of the compound HY-088 from the Dutch company QliniQ for €1.2m ($1.3m)

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