IMRN - Immuron Director Resignation | Benzinga
MELBOURNE, Australia, May 03, 2024 (GLOBE NEWSWIRE) -- Immuron Limited ((ASX: IMC, NASDAQ:IMRN), an Australian based and globally integrated biopharmaceutical company, advises that Stephen Anastasiou has resigned from his position as Non-Executive Director effective today to focus on his other business interests.
Stephen has served as a Director since 2013 and has provided valued contributions and experienced counsel to the Company. During Stephen's tenure, Immuron launched Travelan® into the USA and Canadian markets and dual listed the Company on NASDAQ (IMRN).
In making this decision to retire, he cited a desire to focus on a restructure of his business commitments in order to dedicate more time to his family and pursue other personal interests. Stephen Anastasiou said, "It has been a great privilege to have served on the Board of Immuron and with a professional and dedicated Chairman, and outstanding Board members. The company enters a period of exciting opportunity and growth, based on unique products and platform technology. I wish all Board members and Immuron staff every success in the future."
Immuron's Chairman Paul Brennan said, "Stephen has made significant contributions to IMC with his strength in marketing and clinical applications for our immunotherapy product. We wish Stephen all the best in his new ventures. I would like to thank him for his support and active contributions."
This release has been authorised by the directors of Immuron Limited.
COMPANY CONTACT:
Steven Lydeamore
Chief Executive Officer
steve@immuron.com
About Immuron
Immuron Limited ((ASX: IMC, NASDAQ:IMRN), is an Australian biopharmaceutical company focused on developing and commercializing orally delivered targeted polyclonal antibodies for the treatment of infectious diseases.
About Travelan®
Travelan® is an orally administered passive immunotherapy that prophylactically reduces the likelihood of contracting travelers' diarrhea, a digestive tract disorder that is commonly caused by pathogenic bacteria and the toxins they produce. Travelan® is a highly purified tabletized preparation of hyper immune bovine antibodies and other factors, which when taken with meals bind to diarrhea-causing bacteria and prevent colonization and the pathology associated with travelers' diarrhea. In Australia, Travelan® is a listed medicine on the Australian Register for Therapeutic Goods (AUST L 106709) and is indicated to reduce the risk of Travelers' Diarrhea, reduce the risk of minor gastro-intestinal disorders and is antimicrobial. In Canada, Travelan® is a licensed natural health product (NPN ...