IntelGenx Announces Changes to its Board of Directors
December 04 2023 - 8:00AM
IntelGenx Technologies Corp. (TSX: IGX) (OTCQB: IGXT) (the
“
Company” or “
IntelGenx”)
announces the resignation of Frank Stegert and Srinivas Rao from
the Board of Directors of the Company (the
“
Board”) effective December 2, 2023.
Mr. Stegert and Dr. Rao were the Board
designees for atai Life Sciences AG (“atai”)
pursuant to the purchaser rights agreement by and between the
Company and atai (the “Rights
Agreement”).
On December 2, 2023, the Board appointed Sahil
Kirpekar, M.D. and Ryan Barrett as the new atai Board designees
pursuant to the Rights Agreement, to serve until the 2024 annual
meeting of the Company’s stockholders, or until their respective
successors are duly elected and qualified.
Dr. Kirpekar has served as atai’s Chief
Business Officer since 2022 and Mr. Barrett has served as atai’s
Senior Vice President and General Counsel since August 2020.
About IntelGenx
IntelGenx is a leading drug delivery company
focused on the development and manufacturing of pharmaceutical
films.
IntelGenx’s superior film technologies,
including VersaFilm®, DisinteQ™, VetaFilm® and transdermal
VevaDerm™, allow for next generation pharmaceutical products that
address unmet medical needs. IntelGenx’s innovative product
pipeline offers significant benefits to patients and physicians for
many therapeutic conditions.
IntelGenx’s highly skilled team provides
comprehensive pharmaceuticals services to pharmaceutical partners,
including R&D, analytical method development, clinical
monitoring, IP and regulatory services. IntelGenx’s
state-of-the-art manufacturing facility offers full service by
providing lab-scale to pilot- and commercial-scale production. For
more information, visit www.intelgenx.com.
Forward-Looking Information and
Statements
This document may contain forward-looking
information about IntelGenx’s operating results and business
prospects that involve substantial risks and uncertainties.
Statements that are not purely historical are forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended, and Section 27A of the Securities
Act of 1933, as amended. These statements include, but are not
limited to, statements about IntelGenx's plans, objectives,
expectations, strategies, intentions or other characterizations of
future events or circumstances and are generally identified by the
words “may”, “expects”, “anticipates”, “intends”, “plans”,
“believes”, “seeks”, “estimates”, “could”, “would”, and similar
expressions. All forward looking statements are expressly qualified
in their entirety by this cautionary statement. Because these
forward-looking statements are subject to a number of risks and
uncertainties, IntelGenx’s actual results could differ materially
from those expressed or implied by these forward-looking
statements. Factors that could cause or contribute to such
differences include, but are not limited to, those discussed under
the heading “Risk Factors” in IntelGenx’s annual report on Form
10-K, filed with the United States Securities and Exchange
Commission and available at www.sec.gov, and also filed with
Canadian securities regulatory authorities at www.sedarplus.ca.
IntelGenx assumes no obligation to update any such forward-looking
statements.
Source: IntelGenx Technologies Corp.
For more information, please
contact:
Stephen KilmerInvestor Relations(647)
872-4849stephen@kilmerlucas.com
Or
Dr. Horst G. Zerbe Chairman of the
BoardIntelGenx Technologies Corp.(514) 331-7440 ext
201horst@intelgenx.com
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