Bavarian Nordic A/S announces change in group management


Bavarian Nordic announced today that Chief Financial Officer, Hans Christian Teisen has chosen to seek new challenges outside Bavarian Nordic A/S. He will resign from his position at the end of February 2008 at the latest to join LifeCycle Pharma A/S as Senior Vice President and CFO as from 1 March 2008.
 
The company has initiated a recruitment process for hiring a new CFO.
 
Since 2004 Hans Christian Teisen has contributed significantly to the development of Bavarian Nordic and the commercialisation of IMVAMUNE® in particular. He has furthermore played an important part in the development of Bavarian Nordic's financial functions.
 
 
 
 
Asger Aamund
Chairman
 
 
 
Contacts:               
 
Anders Hedegaard, President & CEO
Telephone: +45 33 26 83 83
 
Media: United States of America
Elizabeth Dempsey Becker, Bavarian Nordic Inc.
Telephone: +1 202 536-1576

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