– CANADA, Quebec City – Devonian Health Group Inc. (TSX: GSD), a clinical-stage botanical pharmaceutical corporation, focused on developing a unique portfolio of botanical pharmaceutical and cosmeceutical products, today announced that Guy Dancosse has been appointed to its Board of Directors, effective immediately.
The Corporations also announces the departure of Mr. Borys Chabursky from its Board of Directors.
“It is my great pleasure to welcome Guy to the Board,” said Dr André P. Boulet, President, CEO and Board Chairman. “Guy brings many years of experience to our Board. His business acumen will serve the Board well. I look forward to working with him in the years to come. I also want to thank outgoing Board member, Borys Chabursky, for his contribution and service to the Board over the last years.”
About Guy Dancosse
Guy Dancosse has extensive experience in Commercial Arbitration, both nationally and internationally, in many areas of business, including the public sector. He is part of the International Chamber of Commerce’s {ICC Paris) Canadian Panel of Commercial Arbitrators, and has pleaded before all Canadian Tribunals, including the Supreme Court of Canada. Further, he has headed Task Forces and Inquiry Commissions in Canada on matters regarding naval pilotage in the St-Lawrence river and Native Land claims. He also presided on international missions for World Bank, inter alia in Tchad, and in Tanzania. Mr. Dancosse is intricately familiar with the Cannabis legal framework and commercial environment in Canada, and good corporate management therein. He also sits on the Board of Directors of numerous private and public companies and has extensive experience as a Corporate Director.
‘‘I’m pleased to join Devonian’s Board of Directors. I plan to add a valuable perspective to Devonian’s business plan as it continues moving ahead to execute its strategy, drive profitability and enhance value for all its shareholders’’ said Guy Dancosse.
About Devonian
Devonian Health Group Inc. is a late-stage botanical pharmaceutical corporation with novel therapeutic approaches to targeting unmet medical needs. Devonian’s core strategy is to develop prescription botanical drugs from plant materials and algae for the treatment of inflammatory autoimmune diseases including but not limited to ulcerative colitis and atopic dermatitis. Based on a foundation of over 15 years of research, Devonian’s focus is further supported by a US-FDA set of regulatory guidelines favouring a more efficient drug development pathway for prescription botanical drug products over those of traditional prescription medicines. Devonian is also involved in the development of high-value cosmeceutical products leveraging the same proprietary approach employed with their pharmaceutical offerings. Devonian Health Group Inc. was incorporated in 2015 and is headquartered in Québec, Canada where it owns a state-of-the-art extraction facility with full traceability ‘from the seed to the pill’. Acquired in 2018, Altius Healthcare Inc., its commercialization partner, brings opportunities for further diversification and growth potential. Devonian is traded publicly on the TSXV Exchange (TSX: GSD).
For more information: http://groupedevonian.com
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