6th Aug 2014 09:00
LONDON (Alliance News) - Consumer self-care group Venture Life Group PLC Wednesday said it will be managing new product development activities for Biokosmes, its recently acquired Italian subsidiary, under the latter's Manufacturing Director Gianluca Braguti.
As a result of the move, Venture Life's Director Of New Product Development, John Lucas, has stepped down and left the group on August 5.
"Concentrating our new product development activities at Biokosmes, which has been successfully developing innovative healthcare products for over 25 years, better aligns our expertise and resources with our longer term product development strategy," said Venture Life Chief Executive Jerry Randall.
Venture Life shares were untraded Wednesday, quoted at 91 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
Venture Life