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Lundbeck promotes Jacob Tolstrup to VP business development

Has experience in US market – an area of “increasing strategic importance” for the Denmark-based pharma firm

Jacob Tolstrup - LundbeckLundbeck has promoted Jacob Tolstrup to VP business development.

He moves from his previous position as VP finance and administration at Lundbeck's American subsidiary, Lundbeck US, and in his new role, he will lead the development of Lundbeck's existing and future partnerships, as well as being responsible for finding growth opportunities in the licensing of new drugs and potential acquisitions.

It will be his most senior position at Lundbeck since joining the Denmark-based pharma company in 1999.

“Jacob has delivered strong results in a very professional manner for several years in various positions,” said Lundbeck's CEO Ulf Wiinberg. “He also has significant experience in business development from the US market, which is of increasing strategic importance to us.”

During his time at the company he has also served as VP investor relations and communications; divisional director, investor relations and communications; and financial analyst and planner.

He had previously spent one year working in the finance department of US pharmaceutical company Abbott Laboratories.

22nd March 2012

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