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Carbiotix AB (publ) ("Carbiotix" or the "Company") has today provided an update of the staff re-organisation originally communicated on May 28th. Five individuals will be impacted by the re-organisation, including three full-time employees and two consultants. Included among these individuals are CIO Martin Erlandsson and CMO Richard Rosenbloom, who will thereby leave the management team of Carbiotix. At the same time, and as previously communicated, Carbiotix will be expanding its process engineering team to meet an increased demand for its NutraCycle service.
Erik Deaner, CEO of Carbiotix, comments
"The staff re-organisation impacts primarily individuals connected to the LinkGut service and Carbersol product. In total, five individuals will be impacted by the staff re-organisation, of which three full-time employees and two consultants will be leaving Carbiotix. Included among these five individuals are CIO Martin Erlandsson and CMO Richard Rosenbloom. I would like to thank all the affected personnel for their contributions during their tenure at Carbiotix and wish them all the best in their future endeavors.
All decisions to re-organize staff are difficult to make, especially those that affect colleagues you have worked with over a long period of time. This decision was however necessary given the strategic re-focusing of the Company and the need to allocate resources to the NutraCycle service.
I look forward to moving forward with this process, supporting those who will be leaving Carbiotix, and welcoming new colleagues to support the expansion and roll-out of the NutraCycle service."
Forward-looking statements
This communication contains forward-looking statements, consisting of subjective assumptions and forecasts for future scenarios. Predictions for the future only apply as of the date they are made and are, by their nature, as is research and development work in the biotechnology segment, associated with risk and uncertainty. With this in mind, the actual outcome may deviate significantly from the scenarios as described in this press release.
For further information:
Carbiotix AB
Erik Deaner, CEO
Tel: +46 (0)738 67 30 85
E-mail: erik.deaner@carbiotix.com
Carbiotix AB (CRBX) (www.carbiotix.com) is an award-winning biotechnology company pioneering microbiome healthcare through upcycled prebiotics. Carbiotix mission is to improve the health of people by increasing the consumption of prebiotics. Carbiotix offers one core service today called NutraCycle, an on-site upcycling and fortification service allowing food & beverage, ingredient, and feed producers to turn plant-based products into functional products.