Follicum AB announced that the company has recruited Dr. Kim Arvid Nielsen as new CEO, taking office on April 6, 2021. He has extensive experience in business development, investor relations and drug development from leading positions in both small and large pharmaceutical companies. At the same time, Follicum is establishing a new position as Chief Scientific Officer. The changes are implemented to strengthen the company's organization to keep in step with the progress made in its pharmaceutical projects. Follicum's current CEO, Jan Alenfall, will for a period of at least six months continue to work in the company in the newly established position as Chief Scientific Officer. The company's R&D Director, Maria Ekblad, will remain in her current role.