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Peter Karas

Chief Commercial Officer at Capstone Development Services

Peter Karas brings to Capstone more than 25 years of commercial leadership experience in the pharmaceutical industry. He has spearheaded business development, marketing, and sales operations for a range of global organizations with particular expertise in specialty injectable drugs, medical devices, and IV therapy.

Prior to joining Capstone, Peter served as vice president of global business development for Xellia Pharmaceuticals, where he built the company’s sales organization and established its U.S. commercial infrastructure. He also secured numerous opportunities for Xellia to market and distribute new product portfolios.

Previously, Peter was vice president of marketing of U.S. Medication Delivery for Baxter. He also held senior positions with Fresenius Kabi, Amsino International, and Hospira, Inc. Peter began his career as a product manager and marketing analyst with Abbott Laboratories.

He earned his bachelor’s degree from Augustana College and did coursework at Loyola University Graduate School of Business. Peter also completed a Mandarin Chinese program at Anhui University in Hefei, China and speaks Mandarin Chinese.


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