Helsinn's chairman Gabriele Braglia has confirmed that Enrico Braglia has stepped down as co-managing director and board member of Helsinn Holding, Helsinn Healthcare and all other subsidiaries of the group.
'Enrico, after fifteen years of activities inside the Helsinn Group, has decided to start a new professional life' said Gabriele Braglia.
'Riccardo, already co-managing director of the group, has therefore been confirmed as managing director. I strongly believe in the future of Helsinn under the management conduct of my son Riccardo to whom I wish all the best success for the future,' he added.
Riccardo Braglia, with an experience of more than twenty years in Helsinn, said: 'I also regret my brother Enrico's decision, but I wish him a brilliant future in his new professional life. The key objectives for the future are to maintain Helsinn as a family business focused on our model of integrated licensing and together with all of Helsinn's executives we will revitalise and reinvigorate the licensing strategy in order to achieve much more success in the future.'