In the course of this continuous growth, the Board of Directors has decided to further strengthen the positive momentum with a concentrated charge of expertise. Dr. Janick Stucki, AlveoliX’s Chief Technical Officer, and Dr. Nina Hobi, AlveoliX’s Chief Scientific Officer, have been appointed as the company’s new Co-CEOs. Stucki and Hobi succeed Prof. Olivier Guenat, who will remain member of the Board of Directors. The Board of Directors wishes to thank Prof. Guenat for his valuable contribution to the development of the company, as Chief Executive Officer during the last three years.