Vancouver, British Columbia – June 29, 2015 – Sirona Biochem Corp. (TSX-V: SBM) (FRANKFURT: ZSB), (the “Company” is pleased to announce that all resolutions tabled at its Annual General and Special Meeting held on August 21, 2015, were passed. The resolutions included:
- Election of Casper Bych, Géraldine Deliencourt-Godefroy, Martin Gleave, Christopher Hopton, Alex Marazzi, David Moore, and Howard Verrico as directors;
- Appointment of auditor and authorization of the directors to fix the auditor’s remuneration; and
- Adoption of a 2015 Stock Option Plan.
Management, with the renewed investor support, continues to advance partnering activity on its novel skin lightener SBM-TFC-1067 and its library of anti-aging compounds. Interest level from prospective partners has exceeded management expectations. An investor update is being planned for the near future.
About Sirona Biochem
Sirona Biochem is a cosmetic ingredient and drug discovery company with a proprietary technology platform developed at its laboratory facility in France. The Company specializes in the stabilization of carbohydrate molecules, with the goal of improving compounds’ efficacy and safety. Sirona Biochem’s compounds are patented as new chemical entities for maximum commercial protection and revenue potential. Newly developed compounds are licensed to leading companies around the world in return for licensing and milestone fees and ongoing royalty payments. TFChem, Sirona Biochem’s wholly-owned French laboratory, is a recipient of multiple French national scientific awards and a European Union and French government grant. For more information visit www.sironabiochem.com.
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Sirona Biochem Corp.
Sirona Biochem cautions you that statements included in this press release that are not a description of historical facts may be forward-looking statements. Forward-looking statements are only predictions based upon current expectations and involve known and unknown risks and uncertainties. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of release of the relevant information, unless explicitly stated otherwise. Actual results, performance or achievement could differ materially from those expressed in, or implied by, Sirona Biochem’s forward-looking statements due to the risks and uncertainties inherent in Sirona Biochem’s business including, without limitation, statements about: the progress and timing of its clinical trials; difficulties or delays in development, testing, obtaining regulatory approval, producing and marketing its products; unexpected adverse side effects or inadequate therapeutic efficacy of its products that could delay or prevent product development or commercialization; the scope and validity of patent protection for its products; competition from other pharmaceutical or biotechnology companies; and its ability to obtain additional financing to support its operations. Sirona Biochem does not assume any obligation to update any forward-looking statements except as required by law.