Lundbeck appoints senior vice president for business development

Ole Vahlgren has been the driving force in business development at Lundbeck for 10 years

Danish pharmaceutical company Lundbeck has appointed Ole Vahlgren as senior vice president for corporate business development and strategy.

As a driving force in business development for nearly 10 years, Vahlgren has played a significant role in Lundbeck's successful development. He is responsible for supporting and supplementing Lundbeck's own drug research and development through corporate partnerships and acquisition of companies and products.

‘Ole is key to our business development, ensuring that we benefit from business opportunities both inside and outside the company. He is the person who develops and strengthens existing partnerships, and he is also the one who explores new market opportunities such as acquisitions and in-licensing of new drugs,’ said Lundbeck ceo Ulf Wiinberg.

During his time at Lundbeck, Vahlgren has held a number of positions in strategy and business development. He has also been managing director of Gramineer, the Swedish biotech company. He holds a degree in Civil Engineering as well as an MBA.

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