Business
Neurochem appoints Mr. Gary Schmid as CEO of new nutraceutical business
LAVAL, QC, Jan. 30 /CNW Telbec/ - Neurochem Inc. (NASDAQ: NRMX; TSX: NRM) is pleased to announce ...
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[{"type":"text","content":"\n\n\n\nLAVAL, QC, Jan. 30 /CNW Telbec/ - Neurochem Inc. (NASDAQ: NRMX; TSX: NRM)\nis pleased to announce that Mr. Gary Schmid will join Neurochem, effective\nFebruary 4, 2008, and will serve as Chief Executive Officer (CEO) of the new\nbusiness Neurochem has announced it is creating to develop and market\nnutraceuticals. Mr. Schmid joins the Company from Sante Naturelle A.G.\nLimited, the international manufacturers and marketers of Quebec's\nmarket-leading Adrien Gagnon natural health brands. Mr. Schmid joined Sante\nNaturelle in May 2006 as Chief Operating Officer and was appointed President\nand CEO later that year. In addition, Mr. Schmid spent 20 years at Abbott\nLaboratories Ltd. in a variety of positions of ever-increasing responsibility\nin sales and marketing where, in 2005, he was appointed General Manager,\nAbbott Nutrition.\n\n\n"We are excited to welcome Mr. Schmid who will lead the team responsible\nfor the commercialization of our first nutraceutical product, homotaurine,\ndeveloped to enhance memory and cognition. The launch of homotaurine is\nplanned in Canada in the near future, with subsequent commercial activities in\nother territories expected soon thereafter," said Dr. Francesco Bellini,\nChairman, President and Chief Executive Officer of Neurochem. "Mr. Schmid's\nlong track record and world-class marketing credentials will help create a\nunique, branded nutraceutical product company," he concluded.\n\n\nAs President and CEO of Sante Naturelle A.G., Mr. Schmid succeeded in\ndeveloping and implementing that company's strategies to support future growth\nexpectations, which translated into significantly increasing sales in domestic\nand export business segments and in the launch of 35 new products within\n12 months.\n\n\nBefore joining Sante Naturelle, Mr. Schmid held positions with Abbott\nLaboratories Ltd. (Canada), where he served between 1985 and 2006, initially\nas a financial analyst with what was to become Abbott's nutrition division,\nand then rapidly moved into sales and marketing. Following a two-year\nassignment with Abbott International Ltd. in Chicago, Mr. Schmid returned to\nCanada in 1994 as National Sales Manager of the future nutrition division,\nprogressed to a series of more responsible positions in marketing, including\nMarketing Director of Abbott's Pharma Division, b...