Corporate OverviewManagement TeamDirectorsScientific Advisory Committee

Corporate Overview

 

Devonian is a late stage botanical pharmaceutical corporation with novel therapeutic approaches targeting worldwide unmet medical needs. Devonian’s core strategy is to develop prescription botanical drugs which could be from plant materials, algae, macroscopic fungi, and combinations thereof. This strategy is supported by FDA set of regulatory guidelines, favouring a more efficient drug development pathway for prescription botanical drug products.

Botanical Drug: Source of new products for the pharmaceutical industry

➢ Faster and Less Costly Drug Development from Pre-Clinical to Proof-of-Concept study (Phase 2);

➢ Superior Risk Management;

➢ Botanical drugs are cleared for specific indications just like a regular drug;

➢ Botanical drugs are coded and accessible for medication reimbursement plans;

➢ Marketing exclusivity for up to 5 years even in the absence of patent protection;

➢ ‘’Copy-cat’’ proof.

Management Team

 

André P. Boulet, Ph.D.
President & Chief Executive Officer

Dr André Boulet has a vast experience in drug development, regulatory affairs, market access, financing and restructuration in the pharmaceutical and biotech fields. A seasoned entrepreneur, he stands out by combining his strengths in applied science, business and finance.

Since 2005, he has been leading the development of the technology and products own by Devonian Health Group. He raised more than $40M in private/public equity, completed phase 1 and phase 2 ulcerative colitis clinical program for the company`s flagship product Thykaminetm as well as a complete line of patent-pemding anti-aging products for women.

Prior to this endeavour, he was a managing partner of SIPAR’s biotech unit, a $400M private investment firm. Prior to SIPAR, Dr Boulet was partner at BioCapital III LP (« BioCapital ») (1996-2002), a Canadian biotech venture capital company. At BioCapital, he was responsible for investment strategy, deal development, analysis, valuation and negotiation of selected investments. BioCapital had substantial success during his association with the fund: from 1997 to 2001 (when the fund was wound up), the fund generated a 19.75% IRR (net) to each unitholder.

Throughout his career, Dr Boulet acquired an international expertise in drug development, regulatory affairs and health economics within Hoechst Marion Roussel, Marion Merrell Dow Canada and Laboratoires Nordic ( Sanofi-Aventis).

Dr Boulet is Editor in Chief of the Journal of Dairy, Veterinary & Animal Research. He is also a member of the Editorial Boards of Biomedical Journal of Scientific and Technical Research and of MOJ Autoimmune Disease.

Dr Boulet holds a Bachelor’s Degree in Medical Biology from University of Quebec in Trois-Rivieres, a Master’s Degree in experimental medicine/immunology-immunochemistry as well as a PhD in physiology-endocrinology from Laval University in Quebec City. He also did a post-doctorate training at University of Pennsylvania (USA) in biochemistry-biophysics and a training program in Health Economics at York University (UK).

 

Colette Laurin, CPA, CA
Interim Chief Financial Officer

Prior to joining Devonian in 2015, Ms. Laurin was a corporate and corporate finance consultant and, for over 16 years, acquired experience in a wide range of banking sectors. She has held a number of positions at the National Bank of Canada, including Business Credit Manager, Business Center Director, and has managed to integrate and support the administrative tasks of nearly 35 bank branches, management responsibility of more than 120 employees. She has also held the position of Director of Development of the Inspection Department and Internal Audit. Prior to this, she held the position of auditor at Raymond, Chabot Martin Paré (now Raymond Chabot Grant Thornton).

 

Nathalie Boucher, Ph.D.
Director, Research and Intellectual Property

Nathalie Boucher holds a bachelor’s degree in biochemistry, a master’s degree in biophysics, and a Ph.D. in environmental science (with a specialization in toxicology). She has many years of experience in both private and university research centers and stands out for her expertise in plant physiology, plant cell extraction, and enzyme stabilization. She has also contributed to the writing of numerous patents and scientific articles.

 

Guy Chamberland, Ph.D.
Vice-President, Medical and Regulatory Affairs

Dr. Guy Chamberland holds a B.Sc. in Agriculture from McGill University and an M.Sc. in Veterinary Anatomy and Physiology and a Ph.D. in Biomedical Science (toxicology) from the University of Montreal. He has earned a Bioenergetic Practitioner Diploma and a Natural Health Practitioner Diploma from the Alternative Medicine College of Canada (part of the Doctorate in Oriental Medicine program). He also holds a Certificate of Proficiency in Practical Herbal Therapy from the Australian College of Phytotherapy and Certified Herbalist and Master Herbalist diplomas from the Dominion Herbal College of Canada.

Dr. Chamberland has over 20 years’ experience in developing new drugs for the pharmaceutical industry in Canada and the United States. Over this time he has become a specialist in regulatory affairs (drugs, biologics, medical devices, combination products, and botanicals). He has over seven years’ experience in developing clinical research protocols for botanical medicines and in managing clinical studies on the use of such medicines to treat anxiety, sleep disorders, pain, depression, inflammation, and wounds. He works closely with medical and naturopathic doctors in these clinical areas.

Dr. Chamberland is a professor of Botanical Medicine and Principles of Clinical Research at the Quebec Graduate School of Naturopathy (EESNQ), the equivalent of the Canadian College of Naturopathic Medicine (CCNNM) in English-speaking Canada.

 

Directors

 

Dr André P. Boulet, Ph.D.
President & Chief Executive Officer

See management team

 

Jacques Bernier, B.Pharm, MBA – Director

Jacques Bernier has been part of FOLIA BIOTECH team from its inception and acted as its CEO from 2008 to 2014 after several successful years in the business world. He was responsible for establishing FOLIA’s Business Plan with a new vision. He raised more than $11.0 M in funding. Under his leadership, the company successfully completed the preclinical program and the first clinical trial in human (Phase I) of its lead product FB-631. In addition, the company has developed research collaborations with many companies or organizations. Since 2014 he is member of the Board of FOLIA as a Director and Chair of the finance and audit committee.

Before joining FOLIA BIOTECH, he was President and CEO of Gescopharm Inc a company involved in the operation of retail pharmacy. During these years, he gained extensive experience in management and business development and an excellent knowledge of the pharmaceutical industry. He was a member of the Board of Familiprix a group of nearly 300 pharmacies. First, as member of the marketing committee for advertising, marketing and sales strategy and then Vice President of the Board and Vice President of the Finance committee where he was responsible for budget and financial statements of the company.

He holds a Bachelor’s Degree in pharmacy from Université Laval, Quebec City (1984). In 2007, he completed his MBA with a concentration in pharmaceutical management at Université Laval. Within this program, he gained a distinctive competence of managing organizations in the pharmaceutical field, as the biotechnology sector. In 2008, he completed a graduated program in pharmaceutical product development. This training allowed him to get familiar with each steps of the clinical process, from pre-clinical testing to phase IV clinical studies.

He is a member of the Board and Treasurer of Montmagny Hospital Foundation. He is a member of committees for several charitable activities.

 

Germain Carrière – Director

Mr. Germain Carrière is retired and still sits on the boards of numerous companies operating in various economic sectors. Mr. Carrière holds a law degree from the Université de Sherbrooke and a MBA from the University of Western Ontario. Mr. Carrière was a member of the Barreau du Québec from December 1975 until December 2009 and a member of the Investment Dealers Association of Canada, where he has been a Board Member for two years, and a member of the Investment Industry Regulatory Organization of Canada until September 2005. He also serves on the board of directors of two publicly traded corporations, Midland Exploration Inc. (TSX-V: MD) as director since January 2005 and TSO3 inc. (TSX: TOS) as chairman since June 1998. Mr. Carrière also sits on the board of National Bank Trust since June 2013. Mr. Carrière has been a director of Pacific International Securities Inc. from May 1998 to November 2002.

After joining Lévesque Beaubien in 1979 as Senior Vice President, Corporate Finance, he was appointed Senior Vice President, Individual Investor Services in 1983 and then Executive Vice President, Individual Investor Services in 1989. In 1995, he assumed the position of Senior Executive Vice President, Individual Investor Services and Information Technology and was promoted to President and Chief Operating Officer, Individual Investor Services of National Bank Financial Inc. in 1999.

In recent years, after holding the position of Vice Chairman, Corporate Strategy from November 2002 until September 2005, at National Bank Financial Inc., a financial institution, he held the positions of President and Chief Operating Officer at Desjardins Securities Inc., a financial institution, from September 2005 until September 2009.

 

Pierre Colas – Director

Mr. Colas has experience in the field of corporate finance. Retired Québec based investment banker, Mr. Colas was Vice President and Managing Director, Investment Banking at Industrial Alliance Securities Inc., a corporation who offers a diversified business ranging from wealth management, institutional equity research and institutional bonds to group pensions, from March 2009 to February 2014. Prior to his appointment at Industrial Alliance Securities Inc., he was Senior Vice President, Investment Banking at Desjardins Securities Inc., a corporation who offers a complete range of securities brokerage products and services through its investment advisors and its Disnat Online Brokerage division, from April 2005 to March 2009. Mr. Colas holds a bachelor degree in commerce from the Concordia University, Montréal since May 1980. He was a member of the TSX Advisory Committees.

 

Louis Flamand, PhD, MBA – Director

Louis Flamand, PhD, MBA, is a full professor and vice-chair of the department of microbiology-infectious-disease-immunology at the Faculty of medicine, Université Laval and senior researcher in the division of infectious and immune diseases at the CHU de Quebec research center. Before joining Laval university, Dr Flamand obtained his PhD at the University of Montreal and post-doctoral training that the National Institutes of Health and at the Institute of Human Virology (Maryland, USA). He received his MBA in pharmaceutical management from Université Laval.  Since 2008, he is President of the biohazards risk committee at Université Laval.  He is also member of the HHV-6 Foundation scientific advisory board since 2006. Dr Flamand has experience in pre-clinical development. Throughout his career, Dr Flamand has received several competitive scholarship awards and continuous funding support from several funding agencies for his work in virology. Dr Flamand is the author of more than 80 peer-reviewed publications and is lead Editor of the book “Human Herpesviruses HHV-6A, HHV-6B & HHV-7: Diagnosis and Clinical Management” 3rd edition.

 

Scientific Advisory Committee

 

Devonian is currently recruiting experts throughout the world to provide guidance and assistance for its botanical prescription drug development activities. These advisers will use their extensive experience in toxicology and preclinical and clinical development to help guide Devonian’s management team and ensure that its development activities are conducted according to state-of-the-art standards and meet all regulatory requirements. As part of this research, Dr. Jean-Claude Tardif, MD has accepted the position of Chairman of the Scientific Advisory Committee of the Company.

Dr Jean-Claude Tardif, MD, FRCPC, FACC, FCAHS
Chairman of Scientific Advisory Board

Jean-Claude Tardif is the Director of the Research Centre at the Montreal Heart Institute and Professor of Medicine at the University of Montreal. Dr. Tardif graduated from the University of Montreal with his medical degree in 1987 and completed his training in cardiology and research in Montreal and Boston in 1994. Dr. Tardif holds the Canada Research Chair in translational and personalized medicine and the University of Montreal endowed research chair in atherosclerosis. He is the Scientific Director of the Montreal Health Innovations Coordinating Centre (MHICC) and Chairman of the steering committees of the CIHR-funded Canadian Atherosclerosis Imaging Network (CAIN) and Medical Imaging Trials Network of Canada (MITNEC).

Dr. Tardif has authored and co-authored more than 800 articles and abstracts in peer-reviewed publications, including the New England Journal of Medicine, the Journal of the American Medical Association, The Lancet, Circulation, the Journal of the American College of Cardiology, the European Heart Journal, Nature Genetics, Genes and Development, the British Journal of Pharmacology, and Cardiovascular Research. In addition, he has written more than 30 book chapters (including in Braunwald’s Textbook of Heart Disease) and has edited several books. He has given approximately 400 invited lectures around the world.

His research covers the molecular and genomic aspects of atherosclerosis and related diseases and also involves pre-clinical models, mechanistic and observational clinical studies as well as large international randomized clinical trials. Dr. Tardif is or has been the international principal investigator or part of the study leadership of several large clinical trials in the field of atherosclerosis and other cardiovascular diseases.

Dr. Tardif and his team have created the Beaulieu-Saucier Pharmacogenomics Center at the Montreal Heart Institute and he has created the Center of Excellence in Personalized Medicine (CEPMed), the latter funded by the Network of Centers of Excellence (NCE) of Canada and which is also supported by multiple pharmaceutical and biotechnological companies. He is one of the founding fathers of the International Partnership for Critical Markers of Disease (CMOD) organization, which focuses on the development and better use of biomarkers (www.cmod.org).

Dr. Tardif has won multiple awards during his career, including the Research Achievement Award of the Canadian Cardiovascular Society, the Genesis Award of BIOQuebec (for his outstanding contributions to life sciences) and the Armand-Frappier Award of the Government of Quebec (the highest scientific distinction in Quebec). He was also named scientific personality of the year by La Presse newspaper. Because of his accomplishments, Dr. Tardif was named Fellow of the Canadian Academy of Health Sciences (FCAHS) and was recently inducted into the Order of Canada.