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WS Audiology puts 700 employees on paid leave

The corona crisis has reduced the demand for hearing aids, which has led WS Audiology to send 700 of its 900 Danish employees home on leave paid for by the Danish state. "It is too expensive for us to keep all of our employees working with the current demand," the company says.

Biotech profile becomes new Inprother CEO

Biotech company Inprother has found a replacement for Mathias Kroll, who was only CEO at the company for six months. The new CEO comes from the same role at Cytovac, and his first job will be to complete a DKK 150 million financing round. This may be harder than expected.

European medtech industry appeals to EU commission: Delay new rules

The European industry association for medtech companies has urged the EU commission to press pause on the new, tighter regulations for approval of medical devices in Europe. The corona crisis makes it impossible to live up to the new rules before they come into force, the association warns.

Novo CSO on hemophilia drug's chances: "It doesn't look great"

Mads Krogsgaard Thomsen, chief science officer at Novo Nordisk, is not hopeful about the future of hemophilia drug concizumab after three patients developed blood clots during clinical trials. Now the company will examine the cause and subsequently determine concizumab's fate.