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Competent team with a successful track record



Aivar Linnamäe, MD


  • CEO of the company
  • Aivar has extensive pharma sector experience since 1992
  • Aivar is the representative of the major shareholder Magnum Medical Group, the leading Baltic pharmaceuticals wholesaler and retailer
  • He is also the co-founder of Magnum Medical and Magnum Group


Toomas Neuman, Ph.D.




  • CSO of the company
  • Toomas, an expert in molecular and cell biology, is the founder of several biotechnology companies in US and Estonia
  • His team performed the first autologous stem cell therapy on a Parkinson's disease patient at the Cedars Sinai Medical Center (Los Angeles, CA) in 1998
  • He was a founder of Neurogeneration, later Celmed Biosciences (Los Angeles, CA). Company raised $40 mln for development of cell therapy procedures
  • In 2000 Toomas and his colleagues founded CeMines, Inc. to develop molecular diagnostic techniques for early detection and monitoring of cancer using proprietary Fingerprinting platform technology
  • Toomas, being a Professor at the Tallinn University of Technology (Estonia) founded also several biotechnology companies including Protobios, FibroTx, Cellin Technologies and BiotaP in Estonia
  • Toomas is the author of more than 70 scientific publications in international journals and has presented his work at numerous scientific meetings. He is inventor of 8 patents and 7 patent applications


Pieter Spee, Ph.D.

  • CTO of the company
  • Pieter has more than 10 years experience from line- and project management positions in pharmaceutical industry
  • He has served as Scientific Director of Translational Immunology at Novo Nordisk A/S. His major contributions were related to development of fully human mAb 1-7F9 (now BMS-986015) currently in clinical development for treatment of Acute Myeloid Leukemia and Multiple Myeloma and development of humanized mAb humZ270 (NNC-0141-0100) currently in clinical development for treatment of Rheumatoid Arthritis
  • Pieter has published 16 papers in scientific journals and is inventor of 8 patent applications