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Jorma Pylkkänen

Chairman of the Board

Mr. Pylkkänen has over thirty years' exprience in pharmaceutical and venture capital industries. Originally he was a manager of market research in Orion Corporation and was responsible for strategic planning within Orion until 1980.

Mr. Pylkkänen served as Managing Director of Remeda Pharmaceuticals 1974-1987 (part of Orion group). He was appointed the first Managing Director of Technology Center Teknia 1987. He established the venture capital company Teknia Invest and served as Managing Director of the organization until 1996.

Mr. Pylkkänen was a founder member (1987) of Medfiles Ltd (medical CRO) and (2005) Fennopharma Ltd. Mr. Pylkkänen has been on the boards of over twenty hich-tech companies, mostly in biotec and medical technology industries. He holds a Master of Science degree from the University of Helsinki.

Pekka Peura

Member of the Board

Pekka Peura, Ph.D. opened his first pharmacy in 1993 in Jyväskylä in central Finland after his 20 year university career at Kuopio University as an associate professor of pharmaceutical chemistry. He studied pharmacy at Helsinki and Kiel (Germany) University and graduated at Helsinki University in 1973 in pharmacognosy. Pekka Peura defended his thesis on pharmaceutical chemistry in 1982 at Kuopio University.

He has published several papers (over 80) and patents (over 10) in pharmaceutical chemistry. Pekka Peura is an active member of The Association of Finnish Pharmacies being the chairman of The Pharmaceutical Learning Centre in 1998 – 2001.

He implemented the first robotic dispenser of Finland at his pharmacy in Jämsä in 2005. In 2008 he opened the www.verkkosivuapteekki.fi for free trade goods and in 2011 for OTC drugs. He is a founder member of several companies such as Oy Medfiles Ltd, Hyvän Mielen Apteekit Oy and Pharmac Finland Oy.

Pekka Kaivola

Member of the Board

Pekka Kaivola has well above 30 years history in healthcare business in Finland and abroad. After a short University career (Ph. Lic.) he started the pharmaceutical career as a medical rep in Orion Corporation in 1979. From Orion he was invited to work for Pfizer Oy as a marketing director in 1983-1987 and from there to MSD Finland Oy, where he headed sales and marketing operations of defined product lines as a director in 1987-1989.

Pekka Kaivola was thereafter invited back to Orion Corporation in late 1989, where he took the position to head sales and marketing operations of ethicals at Orion Corporation domestic operations and a few years later also OTC range was included to his responsibilities. In those days domestic operations contributed well above 50 % of annual net sales of Orion pharma division and even higher proposition in profits.

After the merge of Orion Corporation and Farmos group, Pekka Kaivola headed the combined operations of pharma sector in Finland. In 2002 he was invited to move to the USA to head Orion Pharma Inc. as a President. Soon he returned back to Finland, headed for a while Core Therapy Area businesses and in 2004 he started heading the global sales operations of Orion Corporation.

From 1989 on Pekka Kaivola belonged to the top management committees of Orion Pharma and Orion Corporation and worked as a member of the Orion Executive Management Board from 2004. Pekka Kaivola contributed to the conditions of pharmaceutical business in Finland as a Member of the Board of Pharmaceutical Industry Finland in 1992-2002 and 2007-2010, being the chairman of the Board in 1999-2001.

In addition he has been the Member of the Board of Confederation of Finnish Industries in 2006-2010 and the Member of the General Assembly of the Confederation of Finnish Industries in 2004-2010. Beyond of these mentioned duties he has had various roles in permanent and ad hoc committees.

Currently Pekka Kaivola is the Member of the Board at Universal Corporation Ltd. in Kikuyu, Kenya.

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