Changes in the Management Team of JSC „Grindeks”


On the 13th of October 2008 Council of JSC „Grindeks” approved decision of the  
previous Member of the Board and Director of Business Unit of Active            
Pharmaceutical Ingredients Vitālijs Skrīvelis to return in applied science with 
focus on research of anti-cancer agents and biotechnological medications.       
Further Vitālijs Skrīvelis will be also operating as a Scientific Consultant of 
JSC Grindeks and the main responsibility of his activities will be supervision  
of research projects and implementation of innovative technologies.  
           
In compliance with the decision of Council of JSC „Grindeks” Finance and        
Administrative Director Vadims Rabša has been elected as a Member of the Board  
of JSC „Grindeks”.    
                                                          
Andris Jegorovs, who previously was operating as Quality Director of JSC        
“Olainfarm”, has become Director of Business Unit of Active Pharmaceutical      
Ingredients of JSC „Grindeks”.  
                                               
Sales and Marketing Director Armands Lapiņš, who previously was Marketing and 
Commercial Director of JSC “Olainfarm”, also joined the team of JSC „Grindeks”. 

About „Grindeks” 
                                                               
JSC „Grindeks” is the leading pharmaceutical company in the Baltic States. Its  
main fields of action are: research, development and manufacturing of brand     
products, generics and active pharmaceutical ingredients. „Grindeks” specializes
in the heart and cardiovascular, CNS and anti-cancer medication therapeutic     
groups.                                                                         

A range of „Grindeks”'s products covers a successful combination of original    
products and generics, with the original products Mildronate® and Ftorafur® and 
more than 100 forms of effective and safe generics included therein.            

„Grindeks” concern consists of four subsidiary companies in Latvia, Estonia and 
Russia, as well representatives and representative offices in fourteen          
countries. Products of the company are exported to more than 40 countries and   
its export comprises more than 96% of the total turnover. The main markets are: 
the Baltic States, Russia and other CIS countries, Japan, USA. „Grindeks” shares
are listed in the Official List of Riga Stock Exchange.                         

You are kindly invited to www.grindeks.lv to find out more about our company!   

Contacts:                                                                       
Laila Kļaviņa                                                                   
Head of the Communications Department                                           
JSC „Grindeks” 
Phones: +371 67083370, + 371 29256012                                           
e-mail:laila.klavina@grindeks.lv

Attachments

a_lapinscv_engl.pdf a_jegorovscv_engl.pdf v_rabsacv_engl.pdf