IMRN - Immuron Board Changes | Benzinga
MELBOURNE, Australia, May 31, 2024 (GLOBE NEWSWIRE) -- Immuron Limited ((ASX: IMC, NASDAQ:IMRN), an Australian based and globally integrated biopharmaceutical company, advises that Dr Roger Aston has resigned from his position as Non-Executive Director effective today.
Roger was appointed as a Director in 2012 and served as Non-Executive Chairman from 2012 to 2023.
Immuron over the past few years has been ongoing with significant positive change. We have accelerated our commercial activities through higher level of marketing, improved channel management and strategic intent. Our scientific endeavours are bearing results with strong clinical data supporting IMC's unique hyper-immune colostrum applications in diarrhoea prevention and gut health.
Our partnership with US Military is generating strong evidence of preventative strategies. We are currently working on long term improvements in our manufacturing and supply chain to be ready for anticipated demand in the next ten years. Our research and development team are working on Clostridium difficile preventive and curative product which shows great potential.
Dr Aston
Our past Chairman and current NED Dr Roger Aston has decided now is a good time for him to resign as he resides in the UK and has family commitments there. Roger has contributed significantly to the current IMC capacity and direction. His 12 years of stewardship of the board has seen IMC focus on generating the evidence required to be a truly differentiated product. Roger has overseen the capital raising and resourcing of the company enabling us to navigate the difficult COVID period emerging on the front foot with increasing commercial success. We thank Roger for his dedication and support of the management and business wishing him well in his retirement. Chairman, Paul Brennan said, "Roger has given many years of dedicated service to IMC. His contributions have enabled IMC to become a successful commercial entity with strong clinical programs underpinning our product differentiation. We thank Roger for his guidance, inspiration, and stewardship. He will be warmly regarded by all at IMC."
Appointment Dr Jeannie Joughin
We are also pleased to announce the appointment of Dr Jeannie Joughin as a Non-Executive Director, effective from 1 June 2024. Jeannie brings many skills to IMC which will enable us to navigate through our Clinical and commercial programs. With a PhD in Immunology coupled with her extensive senior executive/operational roles with Bristol Myers Squibb, CSL, CCRM Australia and the OneVentures' portfolio companies including BiVACOR, Hatchtech and ImmVirX, she will enhance our Board and Management's strategic direction and commercial future. Chairman, Paul Brennan said, "We welcome Dr Joughin to the Immuron team and look forward to her active contribution towards our clinical and commercial success. Her international roles, exposure to a diverse range of medical businesses coupled with significant FDA experience gives our management additional resource ...