TERIAK AS
TERIAK AS is an Oslo-based independent consultancy serving the Norwegian pharmaceutical sector exclusively, delivering project management, interim management, regulatory compliance (GMP/GDP/MDR), tenders, IT-implementation, and strategic advisory to pharma manufacturers, wholesalers, pharmacies, hospital pharmacies, medical device companies, and public healthcare administration through a team of approximately 11 PRINCE2-certified senior consultants.
- Company typePrivate
- Founded2018
- HeadquartersOslo, Norway
- Headcount1–10
- GTM typeB2B
- OfferingServices
What TERIAK AS does
TERIAK AS is an independent Norwegian consultancy founded in 2018 and headquartered at Dronning Eufemias gate 8, Oslo, dedicated exclusively to serving the Norwegian pharmaceutical sector. The firm provides expert advisory services across the full pharmaceutical value chain — pharmaceutical manufacturers, medical device companies, pharmaceutical wholesalers, retail pharmacies, hospital pharmacies and hospital pharmacy trusts, and Norwegian public healthcare administration. Its twelve discrete service lines cover tenders, pharmaceutical retail and wholesale, pharmaceutical manufacturing, medical devices, strategic advisory, business development, negotiations, IT implementation, quality assurance (GMP, GDP, MDR, IVDR, LEAN), interim management, project management and facilitation, pharmaceutical preparedness, and municipal pharmacy advisory.
The business model is a pure professional services delivery model. TERIAK employs approximately 11 consultants — Partners, Senior Managers, and Managers — all holding pharmaceutical education (Cand.pharm, Master in pharmacy, industrial chemistry, or equivalent) and all certified as PRINCE2 practitioners. The senior team includes former CEOs of Zeneca, Pharmacia, Pfizer, The Life Science Cluster, and GE Healthcare-qualified QPs; former professional directors of regional hospital pharmacy trusts; and executives with international pharmacy chain experience. Revenue is generated through billable consulting hours, project-based engagements, and interim management contracts; pricing is quote-based and not publicly disclosed. There is no proprietary technology platform, software product, or app — value delivery is human-capital intensive.
The firm has anchored its credibility through high-visibility national engagements, including establishing the National Medicine Preparedness Stockpile B-180, leading COVID-19 vaccine and medicine distribution logistics for Norway, conducting a feasibility study for Norwegian antibiotic production, and evaluating the Medisinstart pharmacy service for the public healthcare administration. In 2025 the company obtained Miljøfyrtårn (Environmental Lighthouse) certification, recognized across EU/EEA public procurement, and was officially approved as a staffing company by the Norwegian Labour Inspection Authority (Arbeidstilsynet). The firm is privately held, operates exclusively in Norway, and shows no external institutional investors, M&A activity, or subsidiary structure.
TERIAK AS firmographics
Firmographics- Name
- TERIAK AS
- Legal name
- TERIAK AS
- Website
- https://teriak.no
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- TERIAK AS is an Oslo-based independent consultancy serving the Norwegian pharmaceutical sector exclusively, delivering project management, interim management, regulatory compliance (GMP/GDP/MDR), tenders, IT-implementation, and strategic advisory to pharma manufacturers, wholesalers, pharmacies, hospital pharmacies, medical device companies, and public healthcare administration through a team of approximately 11 PRINCE2-certified senior consultants.
- Ownership category
- akta.pro rank
Where TERIAK AS is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
TERIAK AS business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Consulting Services: Professional consultancy services including project management, interim management, strategic advisory, quality assurance, regulatory compliance, and specialized pharmaceutical sector expertise. Revenue generated through billable consulting hours and project-based engagements.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
TERIAK AS product offering
Product offeringCore offering
TERIAK AS is an independent Norwegian consultancy delivering specialist advisory services across the entire pharmaceutical and healthcare value chain, including project management, interim management, strategic advisory, tender support, pharmaceutical preparedness, quality assurance (GMP/GDP/MDR/IVDR), medical device regulatory services, wholesale operations support, IT implementation, HR process design, and municipal pharmacy advisory. All engagements are delivered by approximately 11 PRINCE2-certified consultants who either hold pharmaceutical degrees or have extensive prior experience in the Norwegian pharmaceutical sector.
Product overview
TERIAK AS is an independent consultancy company serving the Norwegian pharmaceutical sector with a portfolio of specialized consulting services rather than a unified software product. The company offers twelve distinct service offerings covering project management, interim management, strategic advisory, technological development, tender services, pharmaceutical preparedness, reports and assessments, wholesale operations, HR processes, quality assurance, medical device services, and municipal pharmacy services. All services are delivered by consultants with pharmaceutical education and/or extensive experience from the pharmaceutical sector.
Differentiator
Problem solved
Functional benefit
Products and services
- Project Management Services PRINCE2-certified project management services for projects including profitability improvement (Lean and Lean Six Sigma), process mapping, piloting new services, and IT projects (SAP, ERP, POS), delivered to Norwegian pharmaceutical companies, wholesalers, and pharmacies.
- Interim Management Services Temporary leadership placements for hire when permanent leaders leave, providing continuity and change management while new leadership is recruited, with expertise in LEAN process efficiency for pharmaceutical organizations.
- Strategic Advisory Services Strategic consulting grounded in deep knowledge of all parts of the Norwegian pharmaceutical sector including manufacturers, suppliers, wholesalers, pharmacies, drug handling in health services, and regulatory and public administration.
- Technological Development Services IT system architecture expertise for pharmacies including EIK, online pharmacy, POS, web solutions, ERP, and SAP implementations for Norwegian pharmaceutical market technology solutions.
- Tender Services Public procurement support including preparation of specifications, tender documents, and conducting tender processes for pharmaceuticals and medical devices in Norway.
- Pharmaceutical Preparedness Services Consulting on pharmaceutical emergency preparedness including development of contingency plans and emergency stockpile planning for private and public actors in Norway.
- Reports and Assessments Professional and strategic report development for the pharmaceutical sector and related areas including food products and medical equipment, for both public and private Norwegian clients.
- Wholesale Operations Services Good Distribution Practice (GDP) compliant wholesale services including Qualified Person (FFA) roles, quality system setup, wholesale license applications, and customer and supplier audits.
- HR Processes and Staff Planning Training systems, collective bargaining negotiations, and personnel planning tools for actors familiar with the pharmaceutical industry.
- Quality Assurance Services Quality system development and maintenance with expertise in GMP, GDP, MDR, IVDR regulations, and Qualified Person (QP) staffing services.
- Medical Device Services Medical device consulting including PRRC (Person Responsible for Regulatory Compliance) staffing services for medical device companies operating in Norway.
- Municipal Pharmacy Services Advisory and analysis services for optimization and implementation of new technology in drug management for Norwegian municipalities, including subscription services offering 24/7 access to pharmacy expertise.
Quantifiable outcome
- Evaluated Medisinstart service in pharmacies
- +3 more outcomes
Companies that use TERIAK AS
Customer profileSegments6 records
Ideal customer profiles6 records
TERIAK AS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
TERIAK AS partnerships and signals
Strategic signalScale indicators1 record
Recent moves6 records
Expansion highlights5 records
TERIAK AS competitors and assessment
Company assessmentDirect peers
- PharmaLex: Global pharma regulatory and compliance consultancy offering GMP/GDP quality systems, Qualified Person services, and regulatory affairs — directly overlapping with TERIAK's core QP, GDP, and GMP service lines, though at much larger international scale.
- NNE: Novo Nordisk-founded pharma engineering and consulting firm serving Nordic pharma manufacturers on GMP compliance, production, and process design — comparable to TERIAK's pharmaceutical manufacturing advisory work and Nordic pharma heritage.
- LINK Medical: Nordic-headquartered CRO and pharma regulatory/quality consultancy providing QP services, GMP/GDP compliance, and clinical trial support — closely comparable to TERIAK's pharma regulatory, quality, and QP service portfolio across Scandinavian markets.
Broad incumbents
- IQVIA: Global life sciences consulting and data firm with Nordic presence covering pharma market access, regulatory affairs, and quality compliance — overlaps with TERIAK's strategic advisory and quality assurance work but operates at much larger scale and broader scope.
- BearingPoint: European management and technology consultancy with Nordic pharma and public-sector practices — comparable to TERIAK's management consulting and IT implementation work for hospital pharmacies and public administration, though with broader industry footprint.
- PA Consulting: Global consulting firm with life sciences and public sector practices covering pharma regulation, supply chain resilience, and public health — overlaps with TERIAK's strategic advisory and preparedness mandates at a global scale.
- Arthur D. Little: Global management consultancy with deep pharma and healthcare practice — comparable to TERIAK's strategic advisory and pharma value chain work, though ADL serves multinational pharmaceutical companies rather than domestic wholesale/pharmacy clients.
Regional players
- COWI: Nordic engineering and management consultancy with life sciences practice including pharma and healthcare advisory — comparable to TERIAK's Nordic pharma regulatory and quality work, with regional pan-Nordic reach.
- Menon Economics: Norwegian economics and policy research consultancy serving Norwegian public administration and healthcare — comparable to TERIAK's strategic advisory, feasibility studies (e.g., antibiotic production), and public-sector reporting work in Norway.
Emerging players
- Kemwell Biopharma: Pharma services firm offering regulatory, quality, and bio-pharmaceutical consulting — overlaps with TERIAK's GMP/GDP quality systems and regulatory advisory scope at a smaller international scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights5 records
Customer concentration
TERIAK AS social profiles
Digital presenceTERIAK AS compliance and trust
Trust signalCompliance2 records
TERIAK AS financial estimates
Financial estimateRevenue estimate
Valuation estimate
TERIAK AS leadership team
Management profileNumber of profiles
Profiles10 records
TERIAK AS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TERIAK AS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TERIAK AS
What does TERIAK AS do?
TERIAK AS is an independent Norwegian consultancy delivering specialist advisory services across the entire pharmaceutical and healthcare value chain, including project management, interim management, strategic advisory, tender support, pharmaceutical preparedness, quality assurance (GMP/GDP/MDR/IVDR), medical device regulatory services, wholesale operations support, IT implementation, HR process design, and municipal pharmacy advisory. All engagements are delivered by approximately 11 PRINCE2-certified consultants who either hold pharmaceutical degrees or have extensive prior experience in the Norwegian pharmaceutical sector.
Is TERIAK AS a public or private company?
TERIAK AS is a private company. It is classified as management employee owned and is currently operating.
When was TERIAK AS founded?
TERIAK AS was founded in 2018. It employs 1 to 10 people.
Where is TERIAK AS based?
TERIAK AS is headquartered in Oslo, Norway, in the Europe region.
How does TERIAK AS make money?
One revenue line is on record: consulting Services.
Who are TERIAK AS's main competitors?
Direct peers on record are PharmaLex, NNE and LINK Medical. Broad incumbents are IQVIA, BearingPoint, PA Consulting and Arthur D. Little. Regional players are COWI and Menon Economics. Kemwell Biopharma is listed as an emerging player.
Does TERIAK AS have an API?
No public API is recorded for TERIAK AS.