05:44:47 EDT Thu 02 May 2024
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Theratechnologies Inc (2)
Symbol TH
Shares Issued 45,979,758
Close 2024-03-21 C$ 1.70
Market Cap C$ 78,165,589
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Theratechnologies appoints Zwick as director

2024-03-21 20:06 ET - News Release

Ms. Dawn Svoronos reports

THERATECHNOLOGIES APPOINTS JORDAN ZWICK TO ITS BOARD OF DIRECTORS

Theratechnologies Inc. has appointed Jordan Zwick, chief business officer at Mirador Therapeutics Inc., to its board of directors and as a member of the company's audit committee.

"We welcome Jordan Zwick to the board as an important addition to our esteemed group of advisers," said Dawn Svoronos, chair of the board of directors at Theratechnologies. "With his extensive experience in the U.S. biotech and pharmaceutical industry, coupled with expertise in global finance, business development and corporate strategy, Mr. Zwick will help to guide Theratechnologies as the company works towards generating near-term profitability through sales of current products and the acquisition or in-licensing of other commercial assets."

"It's an honour to join the board of directors at Theratechnologies and help contribute to the company's success at key milestones, including business development and corporate strategy objectives. I look forward to collaborating with my board colleagues and the management team to drive shareholder value and make a profound impact on the patients we serve," said Mr. Zwick.

Mr. Zwick currently serves as chief business officer at Mirador Therapeutics, which recently launched with over $400-million (U.S.) in financing to accelerate the next generation of precision medicines for immune-mediated diseases. Previously, he was a strategic adviser to Prometheus Biosciences, prior to its sale to Merck in June, 2023. Mr. Zwick has vast executive industry operational experience at companies such as Amarin, InflaRx, Salix Pharmaceuticals and Bausch Health. As part of the team that sold Salix to what is now Bausch Health Companies for $14.5-billion (U.S.) in 2015, he eventually became head of strategy at the Salix business unit responsible for leading all business development transactions, alliance management, strategic planning and portfolio management, playing a key role in the turnaround story of Bausch Health. Over the course of his career, he has led capital raises and the search, evaluation and execution of a variety of transactions in the life science sector. He holds a bachelor of arts and master of science from Florida Atlantic University and an MBA from the University of San Francisco.

With the appointment of Mr. Zwick, the company's audit committee will now comprise three independent members, including Gerald Lacoste and Frank Holler as chair.

About Theratechnologies Inc.

Theratechnologies (Toronto Stock Exchange: TH) (Nasdaq: THTX) is a biopharmaceutical company focused on the development and commercialization of innovative therapies addressing unmet medical needs.

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