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Gold/Mining/Energy : Vasogen-- VAS on TSE -- Ignore unavailable to you. Want to Upgrade?


To: brb who wrote (204)9/8/1999 10:41:00 AM
From: brb  Read Replies (2) | Respond to of 377
 
Finally some news.
I don't know that this would justify the run-up in price the last couple of days though. Comments anyone.

Wednesday September 8, 9:46 am Eastern Time
Company Press Release
Terrance H. Gregg Appointed to Vasogen's Board of Directors
TORONTO--(BW HealthWire)--Sept. 8, 1999--Vasogen Inc. (TSE:VAS; OTC BB:VSOGF) is pleased to announce, subject to regulatory approval, the appointment of Terrance H. Gregg of Los Angeles, California to its Board of Directors.

Mr. Gregg is the President and Chief Operating Officer of MiniMed Inc., a world leader in diabetes management systems. Since being promoted to President and COO in 1996, Mr. Gregg has led MiniMed to a four-fold increase in revenue and a 15-fold increase in market capitalization, currently at $2.7 billion.

Prior to joining MiniMed in 1994, Mr. Gregg served in executive positions with Smith & Nephew plc., a diversified health care product company, and Allergan Inc., a leading ophthalmic device and pharmaceutical company. He currently serves as a Health Advisory Board Member of the School of Policy, Planning and Development at the University of Southern California, and as an Advisory Council Member of the San Fernando Valley Economic Research Center at the California State University Northridge.

Dr. William Cochrane, Vasogen's Chairman stated: ``We are delighted by Mr. Gregg's decision to join our Board. He brings a valuable combination of healthcare and public market experience that will greatly assist the Company as it enters the United States.'

Vasogen is developing proprietary immune modulation therapies to advance the treatment of cardiovascular, autoimmune and related inflammatory diseases. These therapies are designed to target fundamental disease-causing events, providing safe, effective treatment.