Eric Leire nominated President of Bio Fund Management A/S

12-Feb-2007

Mr Eric Leire, MD, MBA has been nominated President of Bio Fund Management A/S effective December 1, 2006. Mr. Leire is based in Copenhagen. He also operates as Senior Advisor to Bio Fund Management Oy Ltd.

Eric Leire has substantial background from several senior positions in many pharmaceutical and biotech companies. Mr. Leire has worked globally for many international organizations. His experience includes working for Schering-Plough, Pfizer, Inc., Boots Pharma, Harvard AIDS Institute, bioStrategies Group and he has been the CEO of US biotech companies APT Therapeutics and Paringenix.

"We are excited to have Eric in our team. His extensive background from many international pharma companies adds value to our investment activities. His US experience and network complements well our investment philosophy of making local companies international." says Dr. Kalevi Kurkijärvi, Chairman of both Bio Fund Management Oy and Bio Fund Management A/S.

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