LEO Pharma introduces new operating model to increase competitiveness and support future growth
19.1.2022 16:00:00 CET | LEO Pharma | Press release
Ballerup, January 19, 2022 – LEO Pharma today announced the introduction of a new operating model and change program to simplify operations, increase profitability and fund its ambitious growth strategy.
In 2020, LEO Pharma unveiled its strategy towards 2030. The first phase of this strategic transformation process – including the introduction of a new capital and governance structure – was recently completed. Next phase, announced today, is about focusing on core business and operational efficiency, and improving competitiveness and continuous adaptation to the commercial model that best fits the company’s product portfolio and to the evolving needs and preferences of external stakeholders. Through these adjustments, LEO Pharma will be poised for delivering consecutive growth.
“We are at a defining moment in our transformation journey – and in the history of our company even. With our strategy towards 2030, we know that we are well-positioned for a bright future within innovative medical dermatology. To release the full potential, we must now increase profitability and make bold investments in the best and most innovative treatment options for the patients we serve,” said Anders Kronborg, Chief Financial Officer and Acting CEO and President of LEO Pharma, and continued:
“The new operating model we announce today will make a much more simple, agile and efficient LEO Pharma and this is the best way forward for us to ensure a sustainable business model for the future. It will affect employees who have served the company with loyalty and dedication for many years. We will do our utmost to support our colleagues as changes are implemented”.
Simplified setup and focus on core business
To further accelerate the transformation process and increase competitiveness and profitability, LEO Pharma are optimizing its commercial operating model globally and across markets to best fit its product portfolio to the evolving needs and preferences of the external environment.
LEO Pharma’s Global R&D organization will focus the in-house drug discovery on promising small molecule technologies and further increasing productivity to realize the company’s ambition to launch a new innovative asset or enter a new indication every two to three years. Other initiatives include driving efficiencies through outsourcing; further standardization; boosting digitalization as well as centralizing systems, data and analytics. Also, LEO Pharma’s Open Innovation, Regenerative Medicine and the Science & Tech Hubs in Asia and Boston, US, will be closed as a part of the changes announced today.
The changes are expected to affect around 1,000 positions in the global organization over the next two years. Today, the announcement has directly affected 68 people in LEO Pharma’s global organization. Final estimates for headcount impact in all areas of the business are subject to completion of applicable consultation processes.
Poised for growth
Since the launch of the 2030 strategy in 2020, LEO Pharma has progressed on the ambitions of transforming the company into a global leader and top five player in medical dermatology. On this journey, the recent FDA approval of tralokinumab in the US was a major milestone and a turning point in the ability to grow to advance the standard of care for patients, their families and society by bringing innovative treatments to the market. Other key achievements include the efficiency gains and savings already delivered, and successfully expanding sales of the established product portfolio.
By bringing tralokinumab and other innovative treatments successfully to the market and introducing the new operating model, LEO Pharma is poised for delivering consecutive double-digit growth and an EBITDA margin of 25% by 2025 preparing the company for an IPO within a four-to-five year horizon.
Contacts
Media Contact
Henrik Heskjaer
Director, Global External Communications
Tel: +45 3140 6180
About LEO Pharma
About LEO Pharma
LEO Pharma helps people achieve healthy skin. The company is a leader in medical dermatology with a robust R&D pipeline, a wide range of therapies and a pioneering spirit. Founded in 1908 and majority owned by the LEO Foundation, LEO Pharma has devoted decades of research and development to advance the science of dermatology, setting new standards of care for people with skin conditions. LEO Pharma is headquartered in Denmark with a global team of 6,000 people, serving 93 million patients in 130 countries. In 2020, the company generated net sales of DKK 10.133 billion. For more information about LEO Pharma, visit www.leo-pharma.com.
Subscribe to releases from LEO Pharma
Subscribe to all the latest releases from LEO Pharma by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from LEO Pharma
LEO Pharma presents new data on delgocitinib cream at EADV 2026 highlighting real-world outcomes in adults and new adolescent data in Chronic Hand Eczema (CHE)1.10.2026 12:00:00 CEST | Pressemeddelelse
Interim results from the German REACHED study provide the first real-world evidence on the effectiveness of delgocitinib cream in adults with moderate to severe Chronic Hand Eczema (CHE), with 28.6% of patients assessed as clear or almost clear after eight weeks of treatment, from none at baseline.1 New post hoc analyses from the phase 3 DELTA TEEN trial show greater reductions in daily HESD itch and pain scores with delgocitinib cream than with cream vehicle in adolescents aged 12-17 with moderate to severe CHE.2 In an oral presentation, new post hoc analyses from DELTA TEEN show that a higher proportion of adolescents reported no impact on quality of life at Week 16 with delgocitinib cream than with cream vehicle (27.0% vs 0%)3
LEO Pharma presents new tralokinumab data at EADV 2026 highlighting real-world outcomes and quality of life in adults and adolescents with atopic dermatitis (AD) involving high-burden areas1.10.2026 10:30:00 CEST | Pressemeddelelse
New findings from a subgroup analysis of the 12-month TRACE study show that more than 70% of adults whose Atopic Dermatitis (AD) affected multiple high-burden areas – such as the head and neck, hands and feet, or genitals – had reduced involvement of those areas after 12 months of treatment with tralokinumab.1 New pre-specified and post hoc analyses from the phase 3 ADHAND trial show significantly greater improvements in quality of life, daily function and sleep at Week 16 with tralokinumab monotherapy than with placebo in adults with AD and moderate-to-severe hand involvement, with the two treatment groups separating within two weeks.2,3 In a post hoc analysis, adolescents aged 12-17 years treated across the phase 3 ECZTRA 6 trial and its ECZTEND extension, response rates remained high and stable through most of the extension period, and no new safety concerns were identified.5
LEO Pharma to showcase its broadest ever scientific program at EADV 202624.9.2026 09:00:00 CEST | Pressemeddelelse
LEO Pharma will present 28 accepted abstracts at the 2026 European Academy of Dermatology and Venereology Congress, taking place from 30 September to 3 October in Vienna, Austria. The EADV 2026 program reflects the strength and breadth of LEO Pharma’s portfolio, showcasing what’s now and what’s next in medical dermatology with new evidence across nine disease areas, six routes of administration and nine modes of action; including biologic injectables, topical formulations, and covering data across established dermatology brands and new innovation. The program underscores LEO Pharma’s continued commitment to advancing medical dermatology through evidence that addresses both highly prevalent chronic skin diseases and complex or rare, hard-to-treat conditions with significant unmet needs.
LEO Pharma receives positive CHMP opinion recommending Anzupgo® (delgocitinib) cream for adolescents with moderate to severe chronic hand eczema in the EU18.9.2026 10:00:00 CEST | Pressemeddelelse
The Committee for Medicinal Products for Human Use (CHMP) has recommended expanding the use of Anzupgo® (delgocitinib) cream to adolescents aged 12 to 17 years with moderate to severe chronic hand eczema for whom topical corticosteroids are inadequate or inappropriate. If approved by the European Commission, Anzupgo® would become the first therapy in the EU specifically approved for adolescents with moderate to severe chronic hand eczema, a patient population for whom there are currently no specifically approved treatment options. The positive CHMP opinion is supported by results from DELTA TEEN, a phase 3 trial investigating the efficacy and safety of Anzupgo® in adolescents with moderate to severe chronic hand eczema.1
LEO Pharma announces FDA acceptance of dersimelagon NDA with Priority Review and closes acquisition from Tanabe Pharma18.9.2026 09:00:00 CEST | Pressemeddelelse
The U.S. Food and Drug Administration (FDA) has accepted the New Drug Application (NDA) for dersimelagon for filing and granted it Priority Review, with a Prescription Drug User Fee Act (PDUFA) date expected by the end of February 2027. LEO Pharma has successfully closed the acquisition of dersimelagon from Tanabe Pharma, strengthening its late-stage pipeline and further leveraging its global dermatology platform. Dersimelagon is an investigational, once-daily oral melanocortin 1 receptor (MC1R) agonist for the treatment of erythropoietic protoporphyria (EPP) and X-linked protoporphyria (XLP), two rare genetic skin diseases with significant unmet medical need.
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom