leadf
logo-loader
viewAlgernon Pharmaceuticals Inc.
(
CSE:AGNOTCQB:AGNPF
)

Algernon Pharmaceuticals appoints Harry Bloomfield QC to its board of director, says he has been elected chairman

Christopher J. Moreau, CEO of Algernon Pharmaceuticals welcomed Bloomfield as the company's newest board member and chairman, saying: "His extensive background and years of experience in senior business roles will be a tremendous asset to the company as it moves forward executing its exciting and unique drug repurposing business plan”

Handshake
Algernon Pharmaceuticals noted that Bloomfield is a lawyer, business manager and philanthropist.

Algernon Pharmaceuticals Inc. (CSE:AGN, OTCQB:AGNPF) has announced the appointment of Harry Bloomfield QC as a new member of its board of directors and said he has been elected chairman of the board.

In a statement, Christopher J. Moreau, CEO of Algernon Pharmaceuticals said: “The company welcomes Harry Bloomfield as its newest board member and chairman. His extensive background and years of experience in senior business roles will be a tremendous asset to the company as it moves forward executing its exciting and unique drug repurposing business plan.”

The company noted that Bloomfield is a lawyer, business manager and philanthropist. He began his business career, 1971 to 1976, on Wall Street with the J. Henry Schroder Banking Corporation in New York. From 1981 to 1987 he served as a Member of the Commission des Valeurs Mobilieres du Québec, now called the Autorité des Marchés Financiers – equivalent of the US Securities and Exchange Commission (the SEC). 

READ: Algernon Pharmaceuticals "very excited" by preclinical data on DMT candidate

In 1987 Bloomfield was named by the government of Canadian prime minister Brian Mulroney to the board of directors of the Federal Business Development Bank, now called the BDC (Business Development Bank of Canada (TSX:B of C)) and served for 11 years, seven of which were as chairman of the Audit Committee.

In 1994, in partnership with Bank Julius Baer of Zurich, Switzerland, he formed and was the first chairman of BJB Global Investments, Ltd., a Canadian wealth-management advisory firm with headquarters in Montreal. In 1998, he became the president of the Canadian Branch of the International Law Association.

Bloomfield has served on numerous boards, public and private, including Heller Financial Canada (now part of GE Capital); Banco Comercial Português, the Canadian subsidiary of Sottomayor Bank of Portugal; British Controlled Oilfields, Genoil Inc. (TSX-V:GNO), Balkan Resources Inc., and Wi2Wi Inc. In May 2011, he was elected to the board of directors of Miraculins Inc (TSX-V:MOM)., a medical diagnostic company, and in April 2012 he was elected the board’s chairman.

Algernon is a drug re-purposing company that investigates safe, already approved drugs, and naturally occurring compounds, for new disease applications, moving them efficiently and safely into new human trials, developing new formulations and seeking new regulatory approvals in global markets. The company specifically investigates compounds that have never been approved in the US or Europe to avoid off-label prescription writing.

Contact the author at jon.hopkins@proactiveinvestors.com

Quick facts: Algernon Pharmaceuticals Inc.

Follow
CSE:AGN

Price: 0.09 CAD

Market Cap: $15.07 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...

FOR OUR FULL DISCLAIMER CLICK HERE

Algernon looks for IND meeting with FDA for Ifenprodil study on chronic...

Algernon Pharmaceuticals CEO Christopher Moreau joined Steve Darling from Proactive to share news the company has plans to file a pre-IND meeting request with the U.S. Food and Drug Administration for an Ifenprodil Phase 2 chronic cough study. Moreau telling Proactive, they have decided to...

4 days, 2 hours ago

3 min read