Medigene AG Announces CEO Departure and Leadership Changes Amid Insolvency Proceedings

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2025.07.18 14:27
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Medigene AG has announced the departure of CEO Dr. Selwyn Ho, effective July 24, 2025, with Ralph Schäfer set to take over on July 25, 2025. This leadership change comes amid ongoing preliminary insolvency proceedings, though it is stated to be unrelated. The company has also seen other key personnel departures, including its Chief Scientific Officer. The latest analyst rating for Medigene stock (DE:MDG1) is a Buy, with a price target of EUR2.00.