MEDICURE ANNOUNCES APPOINTMENT OF NEW CFO
WINNIPEG, Manitoba - (November 2, 2009) Medicure Inc. ("Medicure" or the "Company") (TSX:MPH) today announces the appointment of Mr. Eric Johnstone, CA as Chief Financial Officer of the Company effective November 1, 2009. Mr. Johnstone provides services to Medicure through a contract with Genesys Venture Inc. (GVI). GVI provides a variety of administrative and management services to the Company and other emerging Life Science and biotechnology ventures through an enhanced business incubator model.
Through agreements with GVI, Mr. Johnstone also serves as the Chief Financial Officer for three other publicly listed companies. He is a Chartered Accountant and holds a Bachelor of Commerce (Hons.) degree from the University of Manitoba.
About Medicure Inc.
Medicure Inc is a biopharmaceutical company focused on the research, development and commercialization of novel small molecules to treat cardiovascular and neurological disorders. The Company's primary business activity is the marketing and distribution of AGGRASTAT® (tirofiban hydrochloride) in the United States for acute coronary syndromes.
This press release contains forward-looking statements, as defined under applicable securities legislation, that involve risks, which may cause actual results to differ materially from the statements made, and accordingly may be deemed to be forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are made as of the date hereof, and the Company disclaims any intention and has no obligation or responsibility to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise except as required by law. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such factors include, among others, the Company's stage of development, lack of product revenues, additional capital requirements, risks associated with the completion of clinical trials and obtaining regulatory approval to market the Company's products, the ability to protect its intellectual property, dependence on collaborative partners and the ability to meet its debt obligations. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forwardlooking statements. Additional risks and uncertainties relating to the Company and its business can be found in the "Risk Factors" section of its Form 20F for the year ended May 31, 2009.