Nordic Life Science 1
Thomas Eldered and Lars Backsell, founders of Rec
ip (today Recipharm), 1995 The international expansion outside Sweden was a crucial turning point in the history of Recipharm. The company’s global operations are now located in France, Germany, India, Israel, Italy, Portugal, Spain, UK, and the USA. Over 9 000 people from different cultures around the world have been brought together. So many acquisitions and such a fast global growth of course requires efforts to get everybody on board and create a strong corporate culture. ”Recipharm’s strong corporate culture is reflected in our core values – Reliability, Professionalism, Entrepreneurship 58 NORDICLIFESCIENCE.ORG and Tenacity. We are an entrepreneurial business and as such we encourage all our operating companies to operate with a high level of local authority and accountability to promote fast decisionmaking, exploring local opportunities and employee satisfaction. We do this while maintaining our high standards and ensuring effective collaboration between teams to deliver an integrated service to customers. When Recipharm acquires a new company, we encourage an entrepreneurial spirit and promote diverse thinking,” says Eldered. Recipharm has never been only a two man-show, he emphasizes. ”There are a lot of people who have made invaluable contributions over the years. Our employees and their expertise make us who we are today.” Eldered says that the company has an excellent platform with several opportunities to explore. ”We have hopes to continue our rapid growth, both organically and inorganically through acquisitions driven by customer demand on a global basis. Having built this company brick by brick over the past 25 years, we have a fantastic platform to capitalize on the latest trends and developments in the pharmaceutical and CDMO markets. We are among the top five CDMOs in the world, but I believe we are positioned to go much further.” NLS