IntelGenx Strengthens Board with the Appointments of Dr. Srinivas G. Rao and Frank Stegert
04 August 2021 - 11:00PM
IntelGenx Technologies Corp. (TSX V:IGX)(OTCQB:IGXT) (the
"Company" or "IntelGenx") today announced the appointments of
Srinivas (Srini) G. Rao, M.D., Ph.D. and Frank Stegert to its Board
of Directors. The appointments of the two new directors were made
pursuant to the previously disclosed purchaser rights agreement by
and between the Company and ATAI Life Sciences AG. With the
appointments, the size of the Company’s Board of Directors
increased from six to eight.
Srinivas Rao has served as atai’s Chief
Scientific Officer since April 2019 and Frank Stegert has served as
atai’s Vice President, Investment Management and Operations since
January 2021, having also served as a part-time consultant for atai
prior to joining full-time. Dr. Rao has been assigned to the
Compensation Committee of the Board and Mr. Stegert has been
assigned to the Corporate Governance and Nominations Committee of
the Board.
Each new director will serve until the 2022
annual meeting of the Corporation’s stockholders and until his
successor is duly elected and qualified.
About IntelGenx
IntelGenx is a leading drug delivery company
focused on the development and manufacturing of pharmaceutical
films.
IntelGenx’s superior film technologies,
including VersaFilm®, DisinteQ™, VetaFilm™ and transdermal
VevaDerm™, allow for next generation pharmaceutical products that
address unmet medical needs. IntelGenx’s innovative product
pipeline offers significant benefits to patients and physicians for
many therapeutic conditions.
IntelGenx's highly skilled team provides
comprehensive pharmaceuticals services to pharmaceutical partners,
including R&D, analytical method development, clinical
monitoring, IP and regulatory services. IntelGenx's
state-of-the-art manufacturing facility offers full service by
providing lab-scale to pilot- and commercial-scale production. For
more information, visit www.intelgenx.com.
Forward Looking Statements:
This document may contain forward-looking
information about IntelGenx' operating results and business
prospects that involve substantial risks and uncertainties.
Statements that are not purely historical are forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended, and Section 27A of the Securities
Act of 1933, as amended. These statements include, but are not
limited to, statements about IntelGenx' plans, objectives,
expectations, strategies, intentions or other characterizations of
future events or circumstances and are generally identified by the
words "may," "expects," "anticipates," "intends," "plans,"
"believes," "seeks," "estimates," "could," "would," and similar
expressions. All forward looking statements are expressly qualified
in their entirety by this cautionary statement. Because these
forward-looking statements are subject to a number of risks and
uncertainties, IntelGenx' actual results could differ materially
from those expressed or implied by these forward-looking
statements. Factors that could cause or contribute to such
differences include, but are not limited to, those discussed under
the heading "Risk Factors" in IntelGenx' annual report on Form
10-K, filed with the United States Securities and Exchange
Commission and available at www.sec.gov, and also filed with
Canadian securities regulatory authorities at www.sedar.com.
IntelGenx assumes no obligation to update any such forward-looking
statements.
Each of the TSX Venture Exchange and OTCQB has
neither approved nor disapproved the contents of this press
release. 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.
Source: IntelGenx Technologies Corp.
For IntelGenx:
Stephen KilmerInvestor Relations (514) 331-7440
ext 232stephen@intelgenx.com
Or
Andre Godin, CPA, CAPresident and CFOIntelGenx
Corp.(514) 331-7440 ext 203andre@intelgenx.com
Intelgenx Technologies (TSXV:IGX)
Historical Stock Chart
From Oct 2024 to Nov 2024
Intelgenx Technologies (TSXV:IGX)
Historical Stock Chart
From Nov 2023 to Nov 2024