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Leo CEO Bourdon Plots Return To Profit This Year

As Early-Stage R&D Is Axed

 
• By Kevin Grogan

The Danish group has cut 300 jobs to shift to an external innovation sourcing model that will make Leo more competitive in the dermatology space and help it break even this year, CEO Christophe Bourdon tells Scrip.

Christophe Bourdon
Christophe Bourdon • Source: Leo Pharma

LEO Pharma A/S is laser-focused on its aim of returning to profit by the end of 2023, CEO Christophe Bourdon has told Scrip, and is significantly reducing its early-stage R&D operations to help achieve that goal.

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