29 June 2020

Oern R. Stuge M.D, MBA, is an international executive with 30+ years of experience from the Life Science sector. He is currently Chairman of Orsco Lifesciences AG. Through this company, he holds several executive and non-executive board memberships and advisory roles. During the last 9 years, Dr. Stuge has participated in Enterprise Development of different companies and successfully sold/listed 7 of them: 5 of the portfolio companies have been successfully sold, following improved strategic positioning and operation, 2 of the portfolio companies have successfully launched their IPOs (Euronext Paris / ESM, Dublin, NASDAQ, Stockholm). Prior to founding ORSCO, Dr. Stuge worked for 12 years for Medtronic, Inc. in different roles including Senior Vice President (SVP) and President EMEA, Canada and Emerging Markets, and SVP and President Cardiac Surgery. He was a member of the Medtronic Executive Committee and Operating Committee. Dr. Stuge led a successful transformation of Medtronic’s global Cardiac Surgery business. Under his leadership, Medtronic founded the Structural Heart Division and launched the first commercially available percutaneous heart valve in the world. Prior to Medtronic, Oern held senior positions at Abbott Laboratories as well as at a Norwegian start up (CEO). Oern began his career as a practicing physician. He has an MD from the University of Oslo, and an MBA from IMD in Lausanne.