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BioInvent Recruits Michael Oredsson as New CEO

Published: Friday, May 24, 2013
Last Updated: Friday, May 24, 2013
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Michael Oredsson will take office within six months.

BioInvent International AB has announced that the Company's Board of Directors has appointed Michael Oredsson as new President and CEO.

Michael Oredsson has a degree in International Business Administration and has for many years held senior executive positions in the pharmaceutical and biotech industry.

He is currently the CEO of Probi AB and has held his earlier executive positions at, among others, Pharmacia Corporation.

BioInvent’s chairman Björn O. Nilsson says in a comment "We are very pleased to have been able to recruit a new CEO with a broad and international experience from different parts of the life science industry. We are confident that Michael's expertise and experience of licenses, contracts and commercial solutions and collaborations will be of great importance for our new strategic direction, which include increased focus on developing existing and new alliances with partners based on our technology platform and project portfolio."

"BioInvent is a very interesting company with broad knowledge, strong technologies and numerous partnerships in the field of antibody therapeutics. The company's new strategy provides exciting opportunities and I look forward to leading this work, "says Michael Oredsson.

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