MONTREAL–(BUSINESS WIRE)–Devonian Health Group Inc. (Devonian or the Corporation) (TSXV: GSD; OTCQB: DVHGF), a medical stage botanical pharmaceutical company, targeted on growing a novel portfolio of botanical pharmaceutical and cosmeceutical merchandise, introduced immediately that Dr. André P. Boulet has been appointed because the Chair of the Board of Directors (the “Board”) of the Corporation and Chief Operating Officer. Dr. Boulet, the founding father of the Corporation, has been a director of the Corporation since 2015. Additionally, Dr. Boulet has held the place of Chief Scientific Officer since August 2022 a task he’ll retain along with these new roles.

Dr. André P. Boulet has an unlimited expertise in drug improvement, regulatory affairs, market entry, financing and restructuration within the pharmaceutical and biotech fields. Dr. Boulet holds a bachelor’s diploma in medical biology from Université du Québec à Trois-Rivières (September 1981), in addition to a grasp’s diploma (M.Sc.) in experimental drugs/immunology-immunochemistry (June 1985) and a Ph.D. in physiology-endocrinology (June 1988) from Université Laval in Québec City. He additionally accomplished a postdoctoral fellowship in biochemistry and biophysics on the University of Pennsylvania, within the United States, and a coaching program in Health Economics at York University, within the United Kingdom.

The appointment of André displays the wonderful progress of our analysis and manufacturing scaling applications presently underway and can assist facilitate the required integration of all aspects of our improvement technique, together with managing the Corporations’s relationships with key stakeholders, mentioned Luc Grégoire, President and Chief Executive Officer of the Corporation.

Mr. David Baker, the outgoing Chairman of the Board, will proceed to function a member of the Board. On behalf of the members of our Board and administration, I want to specific our deep appreciation for David’s contributions throughout his tenure as Chair of the Board, the place he led the institution of robust governance insurance policies within the Corporation, mentioned Luc Grégoire, President and Chief Executive Officer of the Corporation.

About Devonian

Devonian Health Group Inc. is a late-stage botanical pharmaceutical company with novel therapeutic approaches to focusing on unmet medical wants. Devonian’s core technique is to develop prescription botanical medication from plant supplies and algae for the therapy of inflammatory-autoimmune illnesses together with however not restricted to ulcerative colitis and atopic dermatitis. Based on a basis of over 15 years of analysis, Devonian’s focus is additional supported by the American Food and Drug Administration set of regulatory pointers favouring a extra environment friendly drug improvement pathway for prescription botanical drug merchandise over these of conventional prescription medicines.

Devonian can be concerned within the improvement of high-value cosmeceutical merchandise leveraging the identical proprietary strategy employed with their pharmaceutical choices. Devonian Health Group Inc. was integrated in 2015 and is headquartered in Québec, Canada the place it owns a state-of-the artwork extraction facility with full traceability ˜from the seed to the capsule’. Acquired in 2018, Altius Healthcare Inc., its commercialization subsidiary, brings alternatives for additional diversification and development potential. Devonian is traded publicly on the TSX Venture Exchange (the Exchange) (TSXV: GSD) and on OTCQB trade (OTCQB: DVHGF).

For extra info, go to www.groupedevonian.com.

Cautionary Note Regarding Forward-Looking Statements

All statements, aside from statements of historic reality, contained on this press launch together with, however not restricted to these referring to the Loan, and the approval of the Loan by the Exchange, represent forward-looking info or forward-looking statements throughout the that means of sure securities legal guidelines, and are based mostly on expectations, estimates and projections as of the time of this press launch.

Forward-looking statements are essentially based mostly upon various estimates and assumptions that, whereas thought of cheap by the Corporation as of the time of such statements, are inherently topic to important enterprise, financial and aggressive uncertainties and contingencies. These estimates and assumptions might show to be incorrect. Many of those uncertainties and contingencies can immediately or not directly have an effect on, and will trigger, precise outcomes to vary materially from these expressed or implied in any forward-looking statements. There might be no assurance that these assumptions will show to be appropriate and there might be no assurance that forward-looking statements will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such statements.

By their very nature, forward-looking statements contain inherent dangers and uncertainties, each normal and particular, and dangers exist that estimates, forecasts, projections and different forward-looking statements won’t be achieved or that assumptions don’t replicate future expertise. Forward-looking statements are supplied for the aim of offering details about administration’s expectations and plans referring to the long run. Readers are cautioned to not place undue reliance on these forward-looking statements as various essential threat elements and future occasions might trigger the precise outcomes to vary materially from the beliefs, plans, targets, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements. All of the forward-looking statements made on this press launch are certified by these cautionary statements and people made in our different filings with the relevant securities regulators of Canada. The Corporation disclaims any intention or obligation to replace or revise any forward-looking statements or to elucidate any materials distinction between subsequent precise occasions and such forward-looking statements, besides to the extent required by relevant regulation.

Neither the Exchange nor its Regulation Services Provider (as that time period is outlined in insurance policies of the Exchange) accepts duty for the adequacy or accuracy of this launch.

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Mr. Luc Grégoire
President and CEO
Devonian Health Group Inc.
Telephone: 1 (450) 979-0598
e-mail: buyers@groupedevonian.com

Source: Devonian Health Group Inc.

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