Biofrontera AG has announced on November 10, 2021, that Prof. Dr. L?bbert has resigned from his position as member of the Management Board effective at the end of May 2022 and that a mutually agreed resignation before end of May 2022 was intended. The Supervisory Board and Prof. Dr. L?bbert have agreed that Prof. Dr. L?bbert will leave the Management Board of Biofrontera AG and the management of the German subsidiaries as of December 13, 2021. However, he will continue to serve as Executive Chairman of Biofrontera Inc. The Supervisory Board is currently considering the future composition of the Management Board of Biofrontera AG.