Biofrontera Inc. Names Founder And Executive Chairman Hermann Luebbert As Chief Executive Officer
Portfolio Pulse from Happy Mohamed
Biofrontera Inc. (NASDAQ:BFRI) has named its founder and Executive Chairman, Hermann Luebbert, as CEO. Luebbert plans to drive profitability, expand the company beyond sales and marketing, and establish in-house R&D capabilities. The company will also focus on pursuing new products and technologies through acquisitions and licensing transactions.
May 30, 2023 | 1:19 pm
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Biofrontera Inc. names founder Hermann Luebbert as CEO, who plans to drive profitability, expand the company, and establish in-house R&D capabilities.
Hermann Luebbert's appointment as CEO is expected to have a positive impact on Biofrontera's stock price in the short term. His plans to drive profitability, expand the company, and establish in-house R&D capabilities could lead to increased investor confidence and potential growth in the company's stock price.
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IMPORTANCE 80
RELEVANCE 100