TORONTO–(BUSINESS WIRE)–Acerus Pharmaceuticals Corporation (TSX:ASP) today appear the arrangement of Mr. Mark Lievonen to its Board of Directors. The arrangement fills the abstraction consistent from Mr. Tom Rossi’s abandonment from the Board of Directors. Mr. Lievonen has additionally been appointed to the Audit Committee and will serve as its Chair.
Mark Lievonen has over 30 years of acquaintance in the biologic industry, added afresh as the President of Sanofi Pasteur Limited, the Canadian vaccine analysis of Sanofi, a all-around biologic company. He is a Director of Oncolytics Biotech Inc., Quest PharmaTech Inc., and the Gairdner Foundation. Mr. Lievonen has served on a cardinal of industry and not-for-profit boards including as Chair of Rx&D (now Avant-garde Medicines Canada), BIOTECanada, the Ontario Genomics Institute, and Vice-Chair of the Ontario Institute for Cancer Research. He was appointed to the Order of Canada in 2015, called a Chevalier de l’Ordre National de Mérite by the government of France in 2007, and was inducted into the Canadian Healthcare Business Hall of Fame in 2013. Mr. Lievonen holds a BBA in accounting and a MBA in accounts and business from the Schulich School of Business, York University. In 2015, he accustomed an Honorary Doctor of Laws amount from York University. Mr. Lievonen is a Chartered Professional Accountant and accustomed his appellation while alive with PricewaterhouseCoopers above-mentioned to abutting Sanofi Pasteur. He was adopted as a Fellow of the Institute of Chartered Accountants of Ontario in 2007.
“We are admiring to acceptable Mr. Lievonen to the Acerus Board of Directors,” commented Ian Ihnatowycz, Chairman of the Board. “The abyss of his strategic, industry and banking ability as able-bodied as his all-encompassing babyminding acquaintance will assuredly be benign to Acerus as we attending appear our approaching with action and confidence.”
Acerus Pharmaceuticals Corporation is a Canadian-based specialty biologic aggregation focused on the development, manufacture, business and administration of innovative, branded articles that advance accommodating experience, with a primary focus in the acreage of men’s and women’s health. The Aggregation commercializes its articles via its own salesforce in Canada, and through a all-around arrangement of accountant distributors in the U.S. and added territories.
Acerus currently has two marketed products. ESTRACE®, a artefact for the appropriate abatement of menopausal symptoms, is commercialized in Canada; and NATESTO®, the aboriginal and alone testosterone nasal gel for testosterone backup analysis in developed males diagnosed with hypogonadism, is commercialized in Canada and the U.S. In addition, NATESTO® has been accountant for administration in 30 countries worldwide. Business approvals in jurisdictions alfresco of North America are accepted to booty abode over the advance of the advancing years. Acerus’ activity includes two avant-garde products: GYNOFLOR™, an ultra-low dosage vaginal estrogen accumulated with a probiotic, for which a NDS has been filed in Canada for the analysis of atrophic vaginitis, apology of vaginal flora and analysis of assertive vaginal infections; and TEFINA™, a analytic date artefact aimed at acclamation a cogent unmet charge for women with changeable animal dysfunction. Finally, the Aggregation owns or has a authorization to abundant patents apropos to proprietary commitment systems as able-bodied as atypical formulations of articles currently in the aboriginal date of development.
Acerus’ shares barter on TSX beneath the attribute ASP. For added information, appointment www.aceruspharma.com and chase us on Twitter and LinkedIn.
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