Michael brings decades of experience to AGEPHA Pharma as a business leader, founder, and innovator. He founded his first healthcare company as a student in 1978, which distributed of novel micro surgical equipment and surgical lasers in Austria as well as its neighboring countries. He co-founded Riel Pharma in 1988 which specialized in the distribution of ophthalmic drops and ointments for major European manufactures. Michael and Susanne Riel spearheaded the acquisition of the AGEPHA Pharma brand and portfolio in 2001 and has since overseen the company’s growth from a small Austrian manufacturer to a global company. Michael serves as Co-Chair of the Board along with Susanne Riel.