Tetra Bio-Pharma Inc (TSE:TBP) (OTCQB:TBPMF) has named longtime clinical research executive Jean-Francois Boily its new CFO, the company announced Friday, effective September 14.
Boily brings more than 15 years of industry experience to Tetra, including executive positions in clinical research organizations, the core of the company’s research and development activities. He has worked at several pharmaceutical companies and built an excellent reputation in developing financial relationships, raising capital, satisfying financial obligations, ensuring record control, overseeing mergers and acquisitions and more, the company said.
"I look forward to working together with Jean-Francois to build Tetra into a successful pharmaceutical company,” CEO Guy Chamberland said in a statement. “His extensive experience in our sector, along with Nasdaq experience, is exactly what we need to ensure our growth."
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Boily replaces Sabino Di Paola, who joined Tetra in 2019 and was instrumental in its graduation from the TSXV to the TSX.
"Sabino was dedicated to the growth of Tetra, leaving no stone unturned, to ensure we raised the capital needed,” Chamberland said. “On behalf of Tetra and the board of directors, we thank him for his financial expertise at a critical time in Tetra's evolution and wish him great success in his future endeavours.”
Tetra is a biopharmaceutical leader in cannabinoid-based drug discovery and development with a FDA- and a Health Canada- approved clinical program aimed at bringing novel prescription drugs and treatments to patients and their healthcare providers.
The company has developed a pipeline of cannabinoid-based products for a range of medical conditions, including pain, inflammation and oncology.
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