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Intercell: Sale Is No Longer Ruled Out

Published: May 11, 2011; 07:35 · (Vindobona)

The new CEO of the Austrian pharmaceutical company, Thomas Lingelbach intends to implement a new strategy for the company. A sale is possible.

Intercell: Sale Is No Longer Ruled Out / Picture: © Intercell

Intercell had to cope with some severe setbacks last year.  The loss in 2010 was not less than € 255m. The loss will still amount to about € 40m in the present year. Thomas Lingelbach is the new CEO since yesterday, replacing Gerd Zettlmeissl. A new strategy is to be developed before the Annual General Meeting on June 10.

Losses should be gradually reduced in the coming…

This article includes a total of 168 words.

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