Delivra Corp. (CVE:DVA) said today that president & CFO Chris Schnarr is resigning effective tomorrow and Pascal Attard has been promoted from controller to VP of finance.
Attard has worked as controller for Red Tiger Mining Inc. and manager of McGovern, Hurley, Cunningham LLP prior to joining Delivera in 2015.
The Toronto-based company said it is looking to deepen the technical expertise of its management team for the start of 2017, in the hopes of aggressively pursuing its U.S. expansion strategy. Delivra has started looking for someone with significant experience in consumer healthcare, pharmaceuticals and international licensing.
Delivra develops technologies for the transdermal delivery of pharmaceuticals and natural molecules, rather than oral medications or injections. The company manufactures and sells a line of natural topical creams under the LivRelief brand, marketed for joint and muscle pain, nerve pain, varicose veins, wound healing and sports performance.
“On behalf of the board, I would like to thank Chris for his significant contributions to the company and for building a strong team that will allow us to continue to expand our offering,” chairman & CEO Joseph Gabriele said in prepared remarks. “Our board and management team remains focused on our strategy of monetizing our proprietary LivRelief products while advancing our transdermal platform delivery system as a safe, more effective alternative for a broad range of conditions. Our next phase is to accelerate licensing agreements beyond OTC and to leverage our delivery system in pharmaceutical applications.”