Animal Health Veteran Johnny D. Powers Joins Zomedica Board of Directors
19 Août 2019 - 12:55PM
Zomedica Pharmaceuticals Corp. (NYSE American:ZOM) (TSX-V:ZOM)
(“Zomedica” or the “Company”), a veterinary diagnostic and
pharmaceutical company, today announced that, subject to the
approval of the TSX Venture Exchange, Johnny D. Powers has been
appointed to Zomedica’s board of directors as an independent
director. Additionally, Powers will also serve as a member of the
audit, compensation, and corporate governance committees of the
board of directors.
Powers has more than 30 years of experience
leading business strategy, operations, sales and marketing, and
product development in the human and pet medical diagnostics
markets. Notably, he held executive roles at animal health industry
leader IDEXX Laboratories, Inc. (IDEXX), where, prior to his
retirement, he served as executive vice president responsible for
business performance, product innovation and commercial
effectiveness across multiple point-of-care and reference
laboratory businesses. Currently, Powers is the president and
founder of JD Powers Consulting Group, which provides strategic and
executive advisory services in the healthcare industry.
“I am excited to be joining Zomedica’s board of
directors,” said Johnny D. Powers. “I look forward to helping
Zomedica achieve its goal of delivering novel diagnostic and
therapeutic solutions to the companion animal market that improve
diagnosis and treatment, lower costs, and enhance outcomes for pet
owners and their animals.”
Dr. Powers holds a bachelor's degree in
chemistry from Wake Forest University, an M.S. in chemical
engineering from Clemson University, an M.B.A. from the Duke
University Fuqua School of Business and a Ph.D. in biochemical
engineering from North Carolina State University.
“We are pleased that a person of Johnny’s
stature and reputation in the animal health industry has agreed to
join our Board of Directors and we look forward to utilizing his
expertise and experience as we complete the development and begin
the commercialization of our product candidates,” said Gerald
Solensky Jr., Chairman and CEO, Zomedica.
The Company also announces that, pursuant to its
stock option plan, it has granted stock options to acquire up to an
aggregate of 1,000,000 common shares of the Company to Powers.
All of the stock options vested immediately upon the date of
grant and are exercisable for a two year term. The stock
options are exercisable at the following prices: 500,000 at a
price of US$0.26 per share, 100,000 at a price of US$0.35 per
share, 100,000 at a price of US$0.45 per share, 100,000 at a price
of US$0.55 per share, 100,000 at a price of US$0.65 and 100,000 at
a price of US$0.75 per share per share.
About ZomedicaBased in Ann
Arbor, Michigan, Zomedica (NYSE American: ZOM) (TSX-V: ZOM) is a
veterinary diagnostic and pharmaceutical company creating products
for companion animals (canine, feline and equine) by focusing on
the unmet needs of clinical veterinarians. Zomedica’s product
portfolio will include novel diagnostics and innovative
therapeutics that emphasize patient health and practice health.
With a team that includes clinical veterinary professionals, it is
Zomedica’s mission to give veterinarians the opportunity to lower
costs, increase productivity, and grow revenue while better serving
the animals in their care. For more information, visit
www.ZOMEDICA.com.
Follow Zomedica
- Email Alerts: http://investors.zomedica.com
- LinkedIn: https://www.linkedin.com/company/zomedica
- Facebook: https://www.facebook.com/zomedica/
- Twitter: https://twitter.com/zomedica
Reader Advisory
Neither the 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.
Investor Relations ContactsShameze Rampertab,
CPA, CAsrampertab@zomedica.com+1 647.283.3630
PCG Advisory GroupKirin Smith, COOksmith@pcgadvisory.com+1
646.863.6519
Media ContactChristy
Penkacpenka@zomedica.com +1 734.369.2555
Zomedica Pharmaceuticals (TSXV:ZOM)
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