Biologix Hair Inc. (OTCBB:BLGX) (OTCQB:BLGX) has appointed Dr.
Michael Stocker as Chief Executive Officer and to the Company's
Board of Directors and J. Gregory Wilson as Chief Financial
Officer. Outgoing CEO, Ron Holland, will continue to serve as
Chairman of the Board of Directors.
Biologix Chairman Ron Holland stated: "Over the past weeks and
months, as we prepare to make application to obtain an NYSE Markets
listing, we have significantly expanded the independence of our
board of directors and recruited key personnel to round out our
executive management team. With Dr. Stocker serving as CEO and Greg
Wilson CFO, I am extremely confident that Biologix has a
world-class operational team with internationally experienced
leadership capable of fast-tracking the company's growth over the
next several years."
Dr. Michael Stocker - Director, Chief Executive Officer
Michael Stocker, PhD, has held executive positions in several
companies, mainly in Latin America. He was part of the FUNDES
International management team as well as Regional Manager Latin
America for PROPEL Colombia. He also worked for the Boston
Consulting Group (BCG), in its offices in Mexico, Spain and
Switzerland, in connection with the development of business
strategies and management structure for several worldwide active
corporations and companies, among them Fortune 500 companies.
The consulting and technology branch of his own company, the
Stocker Group, has offices in five countries and offers Risk and
Knowledge Management to international clients in several countries,
including the United Nations and several governments in Latin
America. In the mining industry, Dr. Stocker worked as an
executive, consultant and advisor for several companies.
Dr. Stocker has initiated and invested in several ventures,
among them a company he founded in 2010 (Medtechtrade.com) in the
medical equipment sector, which is currently offering second-hand
medical equipment from hospitals in Europe to hospitals on all
continents in need of such equipment.
Dr. Stocker has previously been retained as an adviser and
consultant by the Inter-American Development Bank, the United
Nations Industrial Development Organization (UNIDO), the Swiss
State Secretariat for Economic Affairs (SECO), the World Bank's
International Finance Corporation (IFC) and the Organization of
American States (OAS) as well as several private companies.
Dr. Stocker holds a PhD in Economics from the University of St.
Gallen, Switzerland and an MBA from the Community of European
Management Schools (CEMS). He has lived and worked in Latin
America, chiefly in Chile, Colombia and Costa Rica, since 1993.
J. Gregory Wilson - Chief Financial Officer
J. Gregory Wilson is an entrepreneur and corporate finance
strategist with more than 20 years experience advising and
structuring capital market financings for start-up enterprises and
assisting in developing and implementing successful business
plans.
Upon graduation with a Bachelor's degree in Economics from
Queen's University in Kingston, Ontario, Canada in 1985, Greg began
his career as a marketing representative with IBM. In 1988, he
started and operated a business in the wellness industry that
ultimately employed a staff of over 200 and generated annual
revenues in excess of $13 million. Greg sat on the National
Advisory Board for this company in 1989 and 1990.
In 1992, Greg began a career in finance working with top
Canadian investment firm Scotia McLeod. Over the ensuing 5 years,
he went on to work with the Bank of Montreal's investment arm,
Nesbitt Burns, before finishing his mainstream financial career
with Merrill Lynch in 1997. In late 1997, Greg started EMT Capital
Corp. and over the past 15 years has worked on a number of
successful capital market transactions, including M&As, IPOs
and private equity financings.
In 2005, Greg was part of the group that founded Paramount Gold
& Silver Corp., a precious metals exploration company that
currently trades on the NYSE and TSX. In early 2009, he co-founded
and led the financing of a renewable energy company with a
portfolio of over 600 megawatts of wind projects in Canada, the
United States and Germany. He advised a client in late 2009 on the
purchase of Consumer Choice Awards, a 23-year-old private company
with operations across Canada. Greg negotiated and structured the
acquisition with the seller and raised the equity component of the
purchase price. Greg continues to sit on the Board of
Directors.
Greg has completed the Canadian Investment Management (CIM)
program and has been awarded the Fellow of the Canadian Securities
Institute (FCSI) designation. He currently resides in Ottawa,
Canada with his wife, Joanne, and their four children.
About Biologix Hair Inc. and Biologix Hair Science Ltd.
Biologix Hair Inc. (Biologix Hair), together with its wholly
owned biotechnology subsidiary, Biologix Hair Science Ltd. (TM)
(BHS), is focused on realizing the full market potential for its
patent-pending hair loss prevention and regeneration treatment -
the Biologix Hair Therapy System(TM) - and its demonstrated ability
to prevent and reverse the effects of alopecia, which plagues
hundreds of millions worldwide.
Between mid-2004 and mid-2012, more than 30,000
pre-clinical-trial treatments of Biologix Revive - the essence of
the Biologix Hair Therapy System(TM) - were administered to
5,000-plus patients in South America suffering with varying degrees
of alopecia, as well as people seeking preventive treatment. The
participating treatment clinicians subjectively observed and
reported that virtually 100% of preventive care clients continued
to retain their healthy hair and an estimated 80-85% of the males
and 90-plus% of the females treated for hair regeneration
experienced significant regrowth of their own natural hair. And
among alopecia areata patients, virtually total hair regrowth was
observed in 100% of the cases. To date, no negative side effects
have been reported.
BHS is currently focused on obtaining FDA approval for its
breakthrough hair loss prevention and regeneration therapy and has
initiated a research and development program with one of the
world's leading medical research universities, the Beijing
Institute of Technology (BIT). The R&D program, expected to
take approximately twelve months to complete, is an important final
step before formal clinical trials and the FDA approval process
begins.
Additionally, on May 11, 2012, Venable LLP, the Washington-based
law firm overseeing the worldwide IP and regulatory approval
processes on behalf of BHS, filed a Patent Cooperation Treaty (PCT)
application on behalf of BHS for Biologix Revive in Geneva,
Switzerland. The PCT is an international treaty, administered by
the World Intellectual Property Organization (WIPO), to which 144
countries have as of now contracted, including Canada and the
United States.
Biologix management is determined to be in a ready position to
capitalize on the high-margin sales potential of the Biologix Hair
Therapy System(TM), if and when FDA and other major market
approvals are forthcoming.
As BHS advances the regulatory approval process, Biologix Hair,
together with wholly owned subsidiary companies operated by BHS,
are rapidly developing a global distribution network of licensed
clinicians and medical practitioners seeking to become Certified
Biologix Hair Therapists(TM) and secure exclusive territorial
purchasing and treatment rights for the Biologix Hair Therapy
System(TM).
Biologix Hair has decided not to risk creating any potential
regulatory conflicts by offering treatment outside the United
States and other major high-product-margin markets until FDA
approval has been granted. Therefore, the Biologix Hair Therapy
System(TM) is not yet available other than to the 5,000+ patients
who participated in the pre-clinical-trials conducted in South
America.
To learn more about Clinician Licensing opportunities, Click
Here or call toll free +1 855.737.0333 or +1 647.344.5900.
Disclaimer
This announcement is not an offer to sell any Biologix Hair Inc.
("Biologix") securities. Offers for any given security are made
only through applicable offering circulars and related documents
filed with the SEC pursuant to the Securities Act of 1933 or the
Securities Exchange Act of 1934. Certain statements contained
herein and subsequent oral statements made by and on behalf of
Biologix may contain "forward-looking statements". Such
forward-looking statements are identified by words such as
"intends," "anticipates," "believes," "expects" and "hopes" and
includes, without limitation, the development of treatment centers
and approval from regulatory authorities as well as the ability for
Biologix to obtain adequate financing to meet its business
objectives. Forward-looking statements express our expectations or
predictions of future events or results. They are not guarantees
and are subject to many risks and uncertainties. There are a number
of factors beyond our control that could cause actual events or
results to be significantly different from those described in the
forward-looking statements. Any or all of our forward-looking
statements in this report or in any other public statements we make
may turn out to be wrong. We undertake no obligation to publicly
update or review any forward-looking statements, whether as a
result of new information, future developments or otherwise. In
Canada, Europe and the United States, the Biologix treatment is not
approved for use by Health Canada, EMA or the FDA. The company
makes no representations that it will receive Health Canada, EMA or
FDA approvals.
Contacts: Biologix Hair Inc. Corporate Communications Toll Free:
1 855.292.8585 647.494.8001CorporateCommunications@BiologixHair.com
www.BiologixHair.com
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