Navigation Links
BELLUS Health announces closing of Innodia acquisition
Date:7/17/2008

Company announces change to senior management team

--------------------------------------------------

LAVAL, QC, July 17 /PRNewswire-FirstCall/ - BELLUS Health Inc. (NASDAQ: BLUS; TSX: BLU, formerly known as Neurochem Inc.) announced today the closing of the acquisition of Innodia Inc. that it had previously announced on July 16, 2008.

As a result of this acquisition, BELLUS Health is also announcing a change at the management level in the field of research. Nigel Levens, Ph.D., Chief Scientific Officer of Innodia Inc. will take on the position of Vice President, Research at BELLUS Health while Daniel Delorme, Ph.D., BELLUS Health's current Vice President, Research, will be leaving the Company to pursue other interests.

"I am very pleased to welcome Dr. Levens to the Company," said Dr. Francesco Bellini, Chairman, President and CEO of BELLUS Health. "The expertise he demonstrated in drug discovery for metabolic diseases at Innodia, will serve us very well at BELLUS Health. I also want to thank Dr. Delorme for his valuable contribution to the Company during his tenure with us and wish him great success in his future endeavours."

Dr. Levens brings to the position 27 years of teaching and research in the field of metabolic and cardiovascular diseases in both Europe and North America. Prior to joining Innodia in 2006, he worked as Head of Biology for Biovitrum AB of Sweden, which specializes in metabolic diseases such as Type II diabetes, obesity, and metabolic syndrome. From 1998-2003, he served as Head of the Division of Metabolic Diseases for the Servier Research Group in France and prior to that as Head of Obesity Pharmacology for Novartis Pharma in Basel, Switzerland. Educated in both the United Kingdom and the United States, Dr. Levens holds a B.Sc. (Hons.) in Physiology and Biochemistry, and a Ph.D. in Physiology from the University of Southampton in the United Kingdom and conducted a postdoctoral fellowship in pharmacology at the University of Virginia.

About BELLUS Health

BELLUS Health is a global health company focused on the development and commercialization of products to provide innovative health solutions to address critical unmet medical needs.

To Contact BELLUS Health

For additional information on BELLUS Health and its programs, please call the Canada and United States toll-free number 1-877-680-4500 or visit the Web Site at http://www.bellushealth.com.

Certain statements contained in this news release, other than statements of fact that are independently verifiable at the date hereof, may constitute forward-looking statements. Such statements, based as they are on the current expectations of management, inherently involve numerous risks and uncertainties, known and unknown, many of which are beyond BELLUS Health Inc.'s (formerly known as Neurochem Inc.) control. Such risks include but are not limited to: the impact of general economic conditions, general conditions in the pharmaceutical and/or nutraceutical industry, changes in the regulatory environment in the jurisdictions in which the BELLUS Health Group does business, stock market volatility, fluctuations in costs, and changes to the competitive environment due to consolidation, that actual results may vary once the final and quality-controlled verification of data and analyses has been completed, as well as other risks disclosed in public filings of BELLUS Health Inc. Consequently, actual future results may differ materially from the anticipated results expressed in the forward-looking statements. The reader should not place undue reliance, if any, on any forward-looking statements included in this news release. These statements speak only as of the date made and BELLUS Health Inc. is under no obligation and disavows any intention to update or revise such statements as a result of any event, circumstances or otherwise, unless required by applicable legislation or regulation. Please see the Annual Information Form of BELLUS Health Inc. for further risk factors that might affect the BELLUS Health Group and its business.

CONTACT: Lise Hebert, Ph.D., Vice President, Corporate Communications, (450) 680-4570, lhebert@bellushealth.com


'/>"/>
SOURCE BELLUS HEALTH INC.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. At Annual and Special Meeting of Shareholders - Neurochem to officially adopt new name - BELLUS Health - And to provide update on programs including first new natural health product, VIVIMIND(TM)
2. BELLUS HEALTH reports results for first quarter of fiscal 2008
3. BELLUS Health to present at the Rodman and Renshaw 5th Annual Global Healthcare Conference
4. Penn study finds pro-death proteins required to regulate healthy immune function
5. UCLA researchers identify markers that may predict diabetes in still-healthy people
6. Air pollution linked to cardiovascular risk indices in healthy young adults
7. More proof needed of safety and quality of electronic personal health records
8. Health care incentive model offers collaborative approach
9. Loneliness is bad for your health
10. Mailman School of Public Health study examines link between racial discrimination and substance use
11. Green Tea May Brew Up Healthier Skin
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/28/2017)... ... June 28, 2017 , ... Eating disorders have the ... 62 minutes, at least one person dies as a direct result from an eating ... exists for qualified treatment providers. The iaedp Foundation meets this challenge by offering what ...
(Date:6/28/2017)... ... June 28, 2017 , ... Canadian ... announce that a two year study conducted by the University of Saskatchewan in ... successful in remediating potash brine-impacted groundwater. As a part of the study, batch ...
(Date:6/27/2017)... ... June 27, 2017 , ... Excel Medical, the leader in ... position of Executive Vice President, Sales and Marketing. Finnegan is a widely known ... device sales leadership. He has received industry recognition for innovations and new approaches ...
(Date:6/27/2017)... ... June 27, 2017 , ... The Congressional Budget Office (CBO) ... and replace the 2010 Patient Protection and Affordable Care Act (ACA), would result in ... be expected under current law. , More than 20 million Americans have gained health ...
(Date:6/27/2017)... ... June 27, 2017 , ... The Kelahan Agency, ... services to residents of southern New Hampshire, is teaming up with the New ... hunger and homelessness in the region. , New Horizons for New Hampshire provides ...
Breaking Medicine News(10 mins):
(Date:5/30/2017)... -- Hill-Rom Holdings, Inc. (NYSE: HRC), will present at the ... Tuesday, June 13, 2017, in Rancho Palos Verdes, ... chief executive officer, is scheduled to present at 3:20 p.m. ... accessed at http://ir.hill-rom.com/events.cfm . A recorded replay will be ... September 13, 2017. ...
(Date:5/26/2017)... DUBLIN , May 26, 2017  Endo International plc ... Campanelli , President and CEO, will represent the Company in ... Global Healthcare Conference on Tuesday, June 13, 2017 at 10:40 ... held at Terranea Resort in Rancho Palos Verdes, ... archive for the event will be available on the Company,s ...
(Date:5/23/2017)... Calif. , May 23, 2017  Leaf ... most innovative medical devices for pressure ulcer prevention, ... the American Association of Critical Care Nurses, National ... May 22-25. The Leaf Patient Monitoring ... specifically for the hospital environment.  The system seamlessly ...
Breaking Medicine Technology: