Science through nature

Florealis offers a unique range of registered herbal medicines and medical products based on active natural ingredients. We help to treat diseases like anxiety, sleep disorders, migraines and arthritic pain, which affect millions globally but are currently underserved by the health care community.

Florealis has launched nine products in the last two years in both Iceland and Sweden. The products have approved registration and are certified by medical authorities in all the Nordic countries.


Florealis has seen rapid growth and sevenfold its sales channels in a few months. The Florealis products are currently sold through 580 pharmacies in Iceland and Sweden.


Quality of life, trust and collaboration are our core values.  They will ensure a successful and trustworthy relationship with our stakeholders and are the foundation for our strategy and success. The values permeate our goals, our products and our way of working.

Quality of life  – Trust – Collaboration



Founders and the Florealis team

Florealis was founded in 2013 by Kolbrún Hrafnkelsdóttir and executive people from the pharmaceutical industry with extensive experience in the development and marketing of pharmaceuticals.

The man­age­ment team con­sists of indi­vid­u­als with var­ied back­grounds who all share a com­mon pas­sion for increas­ing pro­fes­sion­al­ism and qual­ity within the herbal medicine indus­try.



The board of directors consists of experienced individuals with industry know-how, led by the chairman, Guðbjörg Edda Eggertsdóttir, former president of Actavis in Iceland.

The expe­ri­ence of the team from the phar­ma­ceu­ti­cal and medical indus­try cov­ers most facets of the process of bringing a product from the lab to the market.

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Kolbrún Hrafnkelsdóttir


M.Sc. Pharmacy & MBA

Kol­brún has a solid back­ground within the phar­ma­ceu­ti­cal indus­try and has an extensive knowledge of drug development. Her experience in business strategy and international business development are essential part of her contribution to the team. She believes that key success factors in business are clear goals, good planning and effective teamwork. She serves on the board of the Icelandic Chamber of Commerce.

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Teitur Þór Ingvarsson


M.Sc. Corporate Finance & Certified Stockbroker

Teitur is an experienced finance professional with background in corporate finance, investment banking and accounting. Before joining Florealis he worked for Arion bank, Icebank and Deloitte.

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Ólöf Þórhallsdóttir

VP of Sales and Marketing

M.Sc. Pharmacy, MBA

Ólöf has 20 years of extensive experience in sales, marketing and business management in the pharma industry. She has years of experience as an executive at Actavis and associated organizations, mainly in Iceland and the Nordic countries.

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Dr. Margrét Bessadóttir

Quality Manager

M.Sc. Pharmacy & Ph.D. Biomedical Sciences

Margrét has a valuable experience in the pharma industry and has a Qualified Person certification. For the last few years Margrét has been part of the academic field both as a scientist and as a Research manager at the the University of Iceland.

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Dr. Sandra Mjöll Jónsdóttir Buch

Product Marketing Manager

Ph.D. Biomedical Science

Sandra Mjöll is an innovation driven professional with a Ph.D. degree in Biomedical Science. Before joining Florealis she co-founded and ran a biotech company for several years. Her experience with combining science and business provides her with a unique skillset that gives her great insight into the product lifecycle.

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Dr. Elsa Steinunn Halldórsdóttir

VP of Research and Development

M.Sc. Pharmacy & Ph.D. Pharmacy

Elsa has over 15 years of experience in drug development, both from the academy and the pharmaceutical industry. Prior joining Florealis she held various positions within R&D at Actavis Group. Elsa holds a Ph.D. degree in Natural Product Chemistry.

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Lára Kristín Unnarsdóttir

Sales- and marketing representative

Studies M.Sc. in Marketing

Lára Kristín has extensive experience in the field of copy writing, marketing and design. In the recent years she has worked as a copywriter, creative manager, marketing manager and produced marketing and promotional material for websites, social media as well as traditional advertising media. She is pursuing a Master’s degree in marketing.

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Louise Sävström

Nordic Business Lead

IHM Marketing & Business Economics, Licensed nurse

Louise has valuable experience and over twenty years of sales and marketing experience in the Nordic pharmaceutical market as KAM, Product Manager, and Sales Manager. After the deregulation did Louise take part as category manager for Rx at Apotek1.

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Camilla Ryman

Marketing Coordinator

Camilla has, after many years in the Assortment & Purchasing department at Apoteksgruppen in Sweden, moved to the supplier side and can here contribute with valuable experience and knowledge.

Our Board of Directors has five experienced veterans of the pharmaceutical, biotech and venture industries.



Linda Björk Ólafsdóttir

Linda Björk joined the board of Florealis in May 2019. She is the Managing director of Tennin investments and one of the owner of Johan Rönning. She serves on the board of several retail and startup companies including AKSO, Wasabi Iceland, IceMedico and Klappir.

Adrian McDonald

Adrian joined the board of Florealis in June 2020. He is currently a Partner/Owner at Result, a company that helps founders and corporate leaders to succeed. He as a wide experience as an Entrepreneur and Corporate Intrapreneur. He has served on boards of several companies.





Guðbjörg Edda Eggertsdóttir


Guðbjörg Edda is an experienced executive in pharmaceuticals who served on the executive team of Actavis for decades and is now on the board of several healthcare and pharmaceutical companies.

Árni Alvar Arason

Árni Alvar joined the board of Florealis in June 2020. He is a partner at Responsible Solutions, a sustainability and social responsibility consulting company. He has over two decades of experience in business development and operations throughout Europa and Asia.

Huld Magnúsdóttir

Huld has been a board member since March 2018. She is the CEO of the New Business Venture Fund and serves on the board of many companies and funds including Frumtak Ventures, eTactica and Icelandic startup.