Chemaphor Readies Commercial Launch of Companion Animal Health Products and Services and Announces Management and Board Changes
November 05 2010 - 8:30AM
Marketwired Canada
Chemaphor Inc. (TSX VENTURE:CFR), today announced that its Avivagen Animal
Health subsidiary is nearing commercial launch of its proprietary Oximunol(TM)
Chewable Tablets for dogs and its VetStem RC regenerative cell treatment.
Chemaphor has achieved the following milestones since its press release of
October 1, 2010:
-- Avivagen Animal Health, Chemaphor's animal health commercialization
subsidiary, has selected a specialized advertising and communications
agency and has developed the creative concepts and materials needed in
support of the launch of Avivagen's products and services;
-- Sales representatives have been hired and trained to discuss Avivagen
Oximunol(TM) Chewable Tablets and VetStem RC with veterinarians in
companion animal clinics, initially in Quebec, Ontario and British
Columbia;
-- Supporting the outreach effort to veterinarians in companion animal
clinics outside the major metropolitan areas as well as pet parents is
our newly hired Avivagen Animal Health marketing communications
associate who will be responsible for supporting our social media
activities;
-- Selected an Ontario-based, FDA-registered pharmaceutical manufacturing
facility to manufacture Oximunol(TM) Chewable Tablets and to act as a
distribution facility for the product;
-- Avivagen Animal Health sales representatives will begin visiting
veterinarians on November 8, 2010;
-- Shipment of Oximunol(TM) Chewable Tablets is scheduled to begin November
15, 2010; and
-- Aligned our core management and executive team - Dr. Graham Burton takes
on the role of Managing Director of Research Co-Ordination in addition
to his role as President, while Dr. Janusz Daroszewski steps out of the
role of Chief Scientific Officer and into the role of Managing Director
of Chemistry and Technical Support.
Dave Hankinson, CEO of Chemaphor and Avivagen commented that "these are exciting
days at Avivagen as we prepare to have our products and services on the market
in just a few weeks and to be interacting directly with veterinarians across
Canada with new solutions offered to pets and pet owners for managing day-to-day
enjoyment. We are proud to bring on new staff and are enjoying our collaboration
with our new corporate partners."
Chemaphor also announced that, effective as of November 4, 2010, Mark Goudie has
left the Chemaphor board of directors.
Amin Khalifa, Chairman of the board added "I am pleased to see the rapid
progress in our animal health organization - Avivagen - and the spirit of
collaboration that we have been able to foster. I would also like to thank Mark
Goudie on behalf of the company and the board for his significant contributions
to Chemaphor's growth, and for his financial leadership and assistance in
establishing good corporate governance and controls. We wish him well in his
future endeavours."
About Chemaphor
Chemaphor, a wellness company, is committed to developing and delivering
products to humans and animals to assist in optimizing health and daily quality
of life. Chemaphor is advancing product candidates for the food animal market,
companion animal market and various, potential human applications. More
information can be found at www.chemaphor.com.
Forward Looking Statements
This news release includes certain forward-looking statements that are based
upon current expectations, which involve risks and uncertainties associated with
Chemaphor's business and the environment in which the business operates. Any
statements contained herein that are not statements of historical facts may be
deemed to be forward-looking, including those identified by the expressions
"anticipate", "believe", "plan", "estimate", "expect", "intend", and similar
expressions to the extent they relate to Chemaphor or its management. The
forward-looking statements are not historical facts, but reflect Chemaphor's
current expectations regarding future results or events. These forward-looking
statements are subject to a number of risks and uncertainties that could cause
actual results or events to differ materially from current expectations.
Chemaphor assumes no obligation to update the forward-looking statements, or to
update the reasons why actual results could differ from those reflected in the
forward-looking statements.
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