Valeo Pharma Inc. announced the appointment of Stuart W. Fowler as director of the Company. The Board also announced the departure of Messrs. Vincent P. Hogue and Frederic Fasano as directors of the Company.

The company announced that following appointments were made by the newly elected board of directors of Valeo. Audit Committee Members: Marc Léger, Stuart Fowler. Corporate Governance and Human Resources Committee Chairman: Marc Léger.

Corporate Governance and Human Resources Committee Members: Maureen C. Brennan and Steve Saviuk.