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Peptonic Medical AB announces that CFO is leaving for new challenges and that the company's financial infrastructure is strengthened

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Peptonic Medical AB (publ) ("Peptonic") today announces that CFO, Albert Lindgren, is leaving the company to take on new challenges. Albert is expected to remain with Peptonic until mid-June when he goes on parental leave.

In connection with the recruitment of a new CFO, Peptonic will restructure and strengthen its finance department to fully manage the company's finances internally. The initiative reflects Peptonic's ambition to evolve into a global company, where a robust financial infrastructure with broad expertise is crucial for creating tailored solutions for various parts of the company's operations as well as meeting statutory requirements in different countries. By strengthening the finance department, Peptonic will also be able to work more efficiently and better support the operational activities for future growth.

A recruitment process to fill positions within the finance department has been initiated.

For more information, please contact:

Anna Linton, CEO Peptonic Medical AB
Email: anna.linton@peptonicmedical.se
Phone:  +46 70-940 85 00

About Peptonic                                                                                                                        

Peptonic Medical AB is an innovative Swedish biomedical company engaged in the development and sales of clinically proven self-care treatments and self-diagnostic rapid tests in intimate women's health. The portfolio is sold under the brands Vagivital and Vernivia.

Peptonic Medical AB is a cutting-edge Swedish biomedical company, dedicated in the development and distribution of clinically proven self-care treatments and rapid self-diagnostic tests in intimate women's health. Under the esteemed brands Vagivital and Vernivia, the portfolio delivers tangible solutions. The company's vision is to revolutionize intimate health by empowering women to diagnose, treat, and prevent intimate medical conditions independently and effectively.

Peptonic Medical continuously aims to broaden its product portfolio through acquisitions and the development of innovative and competitive products in-house. The company's mousse-based drug delivery technology, Venerol, and the gel base in VagiVital create favorable conditions for expanding the portfolio. Central to the growth strategy is the geographic expansion of VagiVital and Vernivia through local partners.

The company is headquartered in Stockholm, Sweden, with a branch in New York, NY, and an R&D unit in Caesarea, Israel.

Peptonic Medical was founded in 2009, and the company's shares have been listed on the Spotlight Stock Market since 2014.

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