Chemaphor Readies Commercial Launch of Companion Animal Health Products and Services and Announces Management and Board Changes
November 05 2010 - 8:30AM
Marketwired
Chemaphor Inc. (TSX VENTURE: CFR), today announced that its
Avivagen Animal Health subsidiary is nearing commercial launch of
its proprietary Oximunol™ 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™ 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™ 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™ 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.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Chemaphor Inc. Graham Burton 613-990-0969
g.burton@chemaphor.com Investor Relations Evolution Group Inc.
Sylvain Archambault President 1-866-703-4887
s.archambault@evolutiongrp.com
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