Schultz: The real plan will be presented next year
Lundbeck’s CEO Kåre Schultz wants to rein in expenses with a rapidly launched cost-saving program. But the real plan for the company, aimed at ensuring future growth, will be presented next year, he says.
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BY STEFAN SINGH KAILAY
Last week’s announcement from Lundbeck about a new cost-savings scheme focused mostly on increasing profitability and not so much on how to ensure growth in the drug group. That part requires more time than the three months Kåre Schultz has currently served as CEO of Lundbeck.
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