Kane Biotech Inc. named Philip Renaud to its board of directors. Renaud is managing director of Church Advisors, a European investment advisory firm involved in private financing. Kane Biotech is a Winniped, Manitoba-based biotechnology company.
Kane Biotech Inc. /quotes/comstock/11v!kne (CA:KNE 0.06, 0.00, 0.00%) , a biotechnology company engaged in the development of products that prevent and disperse microbial biofilms, announces today the appointment of Mr. Philip Renaud to its Board of Directors.
Mr. Renaud is Managing Director of Church Advisors, a European investment advisory firm involved in private financings. A graduate of Franklin College of Switzerland with a Bachelor of Arts in international financial management, Mr. Renaud has been instrumental in securing many private equity financings and has an extensive European and North American network. Prior to his involvement with Church Advisors, Mr. Renaud was a founding partner of Change Capital Partners, a 300 million Euro private equity fund. He is also a director of a number of publicly traded companies including Yorbeau Resources Inc., Diagnos Inc. (currently Chairman) and Dia Bras Exploration Inc. (currently Chairman).
“On behalf of the Board, I am pleased to welcome Philip as a director and we look forward to the insight and strategic guidance that his experience and significant international network will bring to the Company,” stated Dr. Albert Friesen, Chairman of Kane Biotech Inc.
About Kane Biotech Inc.
Kane Biotech is a biotechnology company engaged in the development of products to prevent and disperse biofilms. Biofilms develop when bacteria and other microorganisms form a protective matrix that acts as a shield against attack. When in a biofilm, bacteria become highly resistant to antibiotics, biocides, disinfectants, high temperatures and host immune responses. This resiliency contributes to human health problems such as recurrent urinary tract infections, medical device associated infections and tooth decay.
Kane Biotech uses patent protected technologies based on molecular mechanisms of biofilm formation/dispersal and methods for finding compounds that inhibit or disrupt biofilms. The Company has evidence that these technologies have potential to significantly improve the ability to prevent and/or destroy biofilms in several medical and industrial applications.
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