Zealand Turnaround Complete In Three Years

CEO Adam Steensberg has led a major change in fortunes for the Danish biotech since March 2022.

Adam Steensberg

In March 2022, Adam Steensberg became CEO of struggling Zealand Pharma and almost three years later to the day, the firm’s future looks far brighter with a promising pipeline and a multibillion dollar obesity deal secured with Roche.

Key Takeaways
  • The just-announced Roche pact validates Zealand’s BD strategy
  • It now wants to partner short bowel syndrome drug, glepaglutide, and obesity asset, dapaglutide

Speaking to Scrip after the Swiss giant agreed to pay a whopping $1.65bn upfront fee to co-develop and co-commercialize Zealand’s closely watched, potentially best-in-class therapy, petrelintide, Steensberg reflected on the progress made at the firm since he took up the post

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