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curasan AG

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CURK

DE000A2YPGM4

Curasan : New CEO at curasan AG

March 16, 2020 at 01:36 pm EDT

Disclosure of an inside information pursuant to Article 17 of Regulation (EU) No 596/2014
published on 16.03.2020 / 03:22 p.m. CET/CEST

Kleinostheim, March 16, 2020 - The supervisory board of curasan AG (DE000A2YPGM4), for which on February 23, 2020 an application for the opening of insolvency proceedings due to overindebtedness of the company with the responsible local court at Aschaffenburg has been filed, today has resolved to appoint Dr. jur. Alexander Baratta with immediate effect as the new CEO of the company.

Concurrently the supervisory board has resolved to dismiss Torben Sorensen with immediate effect from his office as CEO.

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curasan AG published this content on 16 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2020 17:35:01 UTC

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Company Profile

curasan AG is a Germany-based developer, producer and marketer of medical products in the areas of bone and tissue regeneration. The Company focuses on dentistry products and orthopedics. In the dentistry area, the Company focuses on bone regeneration and wound healing, offering CERASORB, Osbone, stypro and foils and membranes, as well as accessories, such as fixation systems. In the orthopedics area, the Company offers CERASORB, stypro and Curavisc for bone regeneration, wound healing and osteoarthritis therapy. The CERASORB product family provides bone replacement material for bone defects. stypro is a sterile and porous sponge from biomaterial that is implantable and resorbable. Osbone is a synthetic open-cell cancellous bone graft material for filling bone defects and for augmentation of the atrophied alveolar ridge.

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