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Sweden: Kenneth Benaim Campbell appointed as CEO at Oriflame

Cosmetic & Aesthetics Nick Herbert -
Oriflame, a global beauty and wellbeing company founded in Sweden in 1967, has appointed Kenneth Benaim Campbell as CEO, succeeding Anna Malmhake who has decided to step down following her three-year tenure as CEO and president during which time she oversaw the completion of Oriflame's recapitalisation and launched the...

Switzerland: Vaderis Therapeutics closes US$152m Series B financing and initiates global Phase 3 clinical study

Life Sciences Nick Herbert -
Switzerland-based Vaderis Therapeutics, a clinical-stage biopharmaceutical company focused on developing targeted therapies for rare vascular diseases, has closed a private US$152m Series B financing and initiation of HEROIC, the company’s global Phase 3 clinical study evaluating engasertib (VAD044) in patients with hereditary hemorrhagic telangiectasia (HHT). The Series B financing, co-led by Life Sciences at Goldman Sachs Alternatives and TCGX, with participation from Omega Funds, EQT Life Sciences, Perceptive Advisors, Kalehua Capital, and existing investors Medicxi and Droia, are expected to fund the company’s planned operations through regulatory submissions and potential...