Auditors are elected by the General Meeting for a period of four years. The auditors are to audit the company’s financial statements and management.

The Board has appointed an Audit committee to handle certain matters regarding audit and internal control. The Committee consists since April 2008 of the board directors Leif Carlsson (chairman), Laurent Leksell and Dana Fowlkes.

PricewaterhouseCoopers AB were elected auditors at the general meeting in April 2007 for the period until the annual general meeting 2011. Auditor-in-charge is authorized public accountant Håkan Malmström, Spånga. Claes Dahlén has been auditor-in-charge for Karo Bio 2001 - 2008.