Balancial is working to make lives better

At Balancial we are all about balance. Our name is based upon the core idea that balance is the natural desired state of the body. We as humans are always in a state of rebalancing ourselves and our internal system in accordance with the environment around us. Balancial helps reclaim balance for better everyday lives of patients who are in need of help to live a better and more natural life.

Vision

Clear vision

We envision a world in which medicinal cannabis is available, safe and a preferred treatment method in Europe, changing millions of lives for the better.

Every day.

Test/Quality

Our rigorous focus on quality assurance and quality control means we are only offering products which are fully authorised

Our team of experienced pharmaceutical professionals work every day to perfect processes and procedures that ensure patients and doctors the highest quality products and consistent treatment outcomes.

Licensed by the Danish Medicines Agency

VALUES

INTEGRITY

We value our employees, customers and stakeholders by being honest, trustworthy, and a reliable partner.

RESPONSIBILITY

We are committed to the betterment of society through strong social and ethical responsibilities.

QUALITY

We strive for high quality in everything we do and believe that innovation will drive our future success.

PARTNERSHIPS

We create winning partnerships based on strong ethics and respect.

Mission

We are on a mission to create a medicinal cannabis company with a strong brand renowned for high quality assurance. Through collaborations with industry leaders, our ambition is to provide the highest quality medicinal cannabis products to European markets. Balancial is working to making lives better.

“At Balancial our job is to confer with doctors from various clinical fields, listen to their recommendations and select products to be made available for doctors to prescribe in Denmark.”

Bo Tandrup
CEO, Balancial Denmark

Facilities

Balancial's premises are located in Herlev, just outside Copenhagen. The facilities holds the highest quality standards and meet EU GMP requirements.

All production activity is regulated by its own Quality Management System (QMS)

Safety

Climate control

Quality and GMP "workflow"

Where we are

Balancial has established itself as a brand in the European market for medicinal cannabis and will soon distribute prescription based medicinal cannabis to pharmacies in Denmark.

An emerging industry

Europe is expected to become the world's largest legal cannabis market over the next five years.

Product and patients

Balancial has secured a supply agreement with Australian producer Little Green Pharma Ltd and our products will soon be in the market, subject to Market Authorization License by the Danish Medicines Agency.

Our licencing

On the 22 April 2021, Balancial Danmark ApS received authorisation for activities with euphoriant substances and to manufacture cannabis intermediate products.

Our team of industry experts who work passionately to unfold the potential of medicinal cannabis

Bo Tandrup
CEO, M.Sc. Pharmaceutical Sciences
Bo has a background in product development and project management in the pharma industry. He is behind several successful start-ups in the pharmaceutical industry and has been hired as an advisor to, among others, Goldman Sachs and McKinsey in processes related to acquisitions in the pharmaceutical industry. Bo holds a Master’s degree in Pharmaceutical Sciences from the Royal Danish School of Pharmacy.
Nina Askgaard
Competent Person / Quality Assurance
Nina is holding the regulatory title of the «Competent Person» and is responsible for Balancial's QMS system. She has extensive experience as a pharmacist and manager within Quality Assurance as Qualified Person and Quality Control and has worked at Novo Nordisk and AlfaNordic among other companies. Nina holds a Master’s degree in Pharmaceutical Sciences from the Royal Danish School of Pharmacy.
Carla Ferrao
GMP Technician
Carla Ferrao first joined Balancial as GMP Technician but quickly advanced and assumed responsibility for Regulatory Affairs. Prior to joining Balancial Carla worked at the National Food Institute at the Technical University of Denmark. Carla holds a Master’s degree in Chemical Engineering from the University of Southern Denmark.
Lars Erik Råen
Chairman, Balancial AS
Background from banking and finance, business development, and as an investor. Has in recent years been involved in development, and financing for several start-ups in Norway and internationally. Co-founder of Balancial and has been a full-time working chairman of the board since 2020. Lars holds a Bachelor of Finance degree from Norwegian School of Business.
Daniel Petter Lunde
CFO, Balancial AS
Daniel is a co-founder of Balancial, and is currently holding the position of CFO. He is strongly committed to grow Balancial, and is engaged in supporting the team on an overall level. He holds a BSc in Economics & Administration.
Leif Bo Ølgaard
Board Member, Balancial Danmark ApS
Leif has more than 30 years of experience working in the pharmaceutical industry as well as the petrochemical industry. He has, through a varied portfolio of assignments, developed extensive knowledge and experience within consultancy, business development, line management and project management.
Bjarte Askeland
Board Advisor
Bjarte Askeland is a Consultant Anesthesiologist at Haukeland University Hospital, Department of Anesthesia and Surgical Services. He graduated as a Medical Doctor at University of Bergen in 1985 and qualified as Specialist Anesthesiologist in 1995. He has practiced as an Assistant Doctor at Larvik Hospital and Fredrikstad Hospital, as Consultant Anesthesiologist at Hagavik Hospital and Haukeland University Hospital and as Head of Department at Haukeland University Hospital. He served as Military Doctor for the Norwegian Armed Forces in Afghanistan from 2008 – 2012 and is currently Senior Medical Officer (SMO) for Norwegian Emergency Medical Team (NOR EMT) with missions to Samoa, Bergamo, Lesvos and Haiti 2019-2021. He is a board member in the Norwegian Day Surgery Association (Nordaf) and Chariman of the Board in the Medical Society of Bergen (DMSB). He has a special interest in Chronical Pain and the development of new methods for the treatment of this condition.
Ørnulf Samdal
Board Member, Balancial AS
Ørnulf is a lawyer with his own practice in Bergen, Norway. He has extensive and international experience from several listed companies in roles such as CEO and Legal Director. He also has extensive strategic experience from numerous board positions. He is educated Cand. Jur.
Trine Teigland
Board Member, Balancial AS
International experience in shipping, marketing, and sales, as well as strategy development and market analysis. Portfolio manager and investor through Teigland Eiendom AS and holds board positions in listed Lifecare.Trine holds an MBA degree.
Arild Lillenes
Board Member, Balancial AS
Arild has a background from project management, strategy development, and investment activities within real estate. He holds several active board positions and management positions in construction and has been a committed shareholder in Balancial since March 2020.