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Annette Colin has today informed Biotage that she is leaving the position as CFO

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Biotage announced that CFO Annette Colin has notified the company of her departure, effective after a six-month notice period. The organization will begin the search for her successor. Biotage is recognized for its contributions to drug discovery, development, and environmental testing, aiming for a sustainable future with its services and products. In 2020, the company reported sales of 1,092 MSEK and operates globally in over 70 countries. The share is listed in the Mid Cap segment on NASDAQ Stockholm.

Positive
  • Biotage generated sales of 1,092 MSEK in 2020.
  • The company is committed to sustainable practices across various market segments.
Negative
  • CFO Annette Colin's departure may indicate potential instability in financial leadership.

UPPSALA, Sweden, May 10, 2021 /PRNewswire/ -- Annette Colin has a six months' notice period. The company will now initiate the recruitment of a successor.

This information was submitted for publication, through the agency of the contact persons set out above, at 14.00 CET on May 10, 2021.

About Biotage

Biotage is a Global Impact Tech Company committed to solving society's problems. We offer workflow solutions and products to customers in drug discovery and development, analytical testing and water and environmental testing.

Biotage is contributing to sustainable science with the goal to make the world healthier, greener and cleaner – HumanKind Unlimited.

Our customers span a broad range of market segments including pharmaceutical, biotech, contract research and contract manufacturers as well as clinical, forensic and academic laboratories in addition to organizations focused on food safety, clean water and environmental sustainability.

Biotage is headquartered in Uppsala in Sweden and employs approx. 485 people worldwide. The Group had sales of 1,092 MSEK in 2020 and our products are sold in more than 70 countries. Biotage's share (BIOT) is listed in the Mid Cap segment on the NASDAQ Stockholm.Website: www.biotage.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/biotage/r/annette-colin-has-today-informed-biotage-that-she-is-leaving-the-position-as-cfo-,c3344084

The following files are available for download:

https://mb.cision.com/Main/705/3344084/1415389.pdf

Press release (PDF)

Cision View original content:http://www.prnewswire.com/news-releases/annette-colin-has-today-informed-biotage-that-she-is-leaving-the-position-as-cfo-301287482.html

SOURCE Biotage

FAQ

What happened to Biotage's CFO on May 10, 2021?

Annette Colin informed Biotage of her departure as CFO, with a six-month notice period.

What are Biotage's sales figures for 2020?

Biotage reported sales of 1,092 MSEK in 2020.

How does Biotage contribute to sustainability?

Biotage provides solutions for drug discovery and environmental testing, promoting sustainable practices.

Where is Biotage headquartered?

Biotage is headquartered in Uppsala, Sweden.

In how many countries does Biotage operate?

Biotage operates in over 70 countries worldwide.

BIOTAGE AB UNSP/ADR

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