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Cytophage Technologies Ltd
Symbol CYTO
Shares Issued 53,753,356
Close 2024-05-24 C$ 0.48
Market Cap C$ 25,801,611
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Cytophage Technologies appoints Snisarenko as director

2024-05-27 09:57 ET - News Release

Ms. Heather Medwick reports

CYTOPHAGE STRENGTHENS BOARD OF DIRECTORS

Cytophage Technologies Ltd. has strengthened its board of directors with the addition of John Snisarenko, a 30-plus-year veteran of, and seasoned C-suite executive in, the pharmaceutical and biotech industries.

Chairman of the Cytophage board, Harold Wolkin, commented: "We continue to add depth to our board, and that is really a reflection of the ambition of our team and what we are looking to accomplish over the coming months. John is a most welcome addition to our team, and his multi-faceted experience with pharmaceuticals and biotech will be invaluable in guiding Cytophage's product commercialization efforts."

During his 30+ years in pharmaceutical and biotech industries, John Snisarenko focused on ophthalmology and eye care. John's most recent position was Chief Commercial Officer for Oyster Point Pharma, where he led the launch planning, infrastructure building and commercial launch for Tyrvaya. Prior to Oyster Point, John served as Group Vice President and Head of the Ophthalmics Franchise at Shire (now Takeda), where he led a large, multidisciplinary team in the commercialization of Xiidra. He also served as a member of the Shire Commercial Leadership Team. Previously, John was the VP & Franchise Head responsible for the commercial activities within Genentech's Ophthalmology (Lucentis) and Rheumatology (Rituxan, Actemra) franchises for 10 years. All three medicines achieved over $1B in sales in the U.S. marketplace.

John also held various positions of increasing responsibility at CIBA Vision / Novartis Pharma Canada. In his last 9 years there, he served as VP and Business Unit Head for Novartis Ophthalmics, holding general management responsibilities for the Canadian business.

John holds a B.Sc. in Biochemistry and an MBA in Marketing and International Business from McGill University in Montreal, Canada. He is currently serving as an Independent Director, Board Member and Advisor to many start-up and established companies in both Canada and the United States.

"With the increasing threat of antimicrobial resistance ("AMR") to global health, I am honoured to join the board of a true pioneer in bacteriophage solutions such as Cytophage", commented John Snisarenko on his appointment. "I am excited to bring my 30+ years of commercialization experience to the Cytophage board, and as the inaugural chair of their Commercialization Committee, I am very much looking forward to lending my skills to getting their products into the marketplace."

For further information please contact: Heather Medwick Chief Operating Officer heather@cytophage.com 431 388 8873 Cytophage Investor Alerts: https://cytophage.com/subscribe/

About Cytophage Technologies

Cytophage Technologies ( TSXV:CYTO ) is a pioneering biotechnology company dedicated to bacteriophage research, product development and commercialization. Committed to addressing the global challenge of antibiotic resistance, Cytophage advances innovative products that harness the power of bacteriophages to combat bacterial infections affecting human health, animal health, and food security.

We seek Safe Harbor.

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