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MINDCURE Appoints Dr. Doron Sagman as Chief Medical Officer

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Mind Cure Health Inc. has appointed Dr. Doron Sagman as the new Chief Medical Officer, transitioning Dr. Joel Raskin to an advisory role. Dr. Sagman, with over 30 years in clinical, research, and regulatory experience, aims to advance MINDCURE’s mission of innovating mental health care and integrating psychedelic-assisted therapy. His extensive background includes leadership at Eli Lilly Canada. Dr. Sagman expressed excitement about contributing to addressing unmet mental health needs, while CEO Kelsey Ramsden highlighted his capability to lead innovative therapy development.

Positive
  • Dr. Sagman's extensive experience in pharmaceutical development may enhance MINDCURE's research capabilities.
  • The transition to a new CMO could bring fresh perspectives and strengthen leadership.
Negative
  • Dr. Raskin's transition to an advisory role may raise concerns about continuity in leadership.

VANCOUVER, BC, Dec. 14, 2021 /PRNewswire/ - Mind Cure Health Inc. (CSE: MCUR) (OTCQX: MCURF) (FRA: 6MH) ("MINDCURE" or the "Company"), a leader in advanced proprietary technology and research for psychedelics, announces the appointment of Doron Sagman, MD, FRCPC, as the Company's new Chief Medical Officer ("CMO"). Dr. Joel Raskin who was acting CMO will transition into an advisory role for MINDCURE.

As CMO, Dr. Sagman will play a vital role in furthering MINDCURE'S mission to reinvent the mental health care model for patients and practitioners, along with advancing psychedelic-assisted therapy into common and accepted care.  A trained psychiatrist with an expertise in mood and anxiety disorders, as well as an experienced leader in pharmaceutical drug development and clinical trials, Dr. Sagman brings three decades of clinical and research and regulatory experience to MINDCURE.

"Dr. Sagman's distinguished career in both mental health and the pharmaceutical industries will enable him to lead the development of innovative therapies to potentially treat a range of mental health conditions," said Kelsey Ramsden, President & CEO of MINDCURE.  "His proven experience as a leader who has built and led diverse teams, as well as his deep understanding of the drug research and development process, will be critical as MINDCURE advances on our path to research digital therapeutic and neuro-supportive solutions," Ramsden added.

Throughout the span of his 18-year career in the pharmaceutical industry, Dr. Sagman held leadership positions across medical research, clinical development, regulatory affairs and medical affairs.  Most recently, Dr. Sagman held the position of Senior Medical Director/Vice-President, R&D and Medical Affairs at Eli Lilly Canada, leading the medical affairs, clinical and regulatory affairs divisions across a broad therapeutic span, including neuroscience, immunology, oncology, and diabetes.

On his appointment, Dr Sagman said, "We are entering a pivotal and historical phase of medical discovery for patients who suffer from mental health disorders. I am delighted to join MINDCURE's leadership team and work to advance innovative solutions to best meet unmet mental health needs."

On Dr. Sagman's appointment, Dr. Joel Raskin added, "Dr. Sagman's experience in managing clinical operations, regulatory, quality, people and all aspects of research in Canada makes him the perfect candidate to lead MINDCURE's research and brings a competitive edge as the Company grows."

In addition to receiving his medical degree from University of Calgary, Dr. Sagman completed his psychiatric residency at the University of Toronto. He is a Fellow of the Royal College of Physicians & Surgeons of Canada (FRCPC) and an Adjunct Clinical Lecturer in the Department of Psychiatry at the University of Toronto, as well as being a staff psychiatrist at the Michael Garron Hospital in Toronto.

About Mind Cure Health Inc.
MINDCURE is a life sciences company focused on innovating and commercializing new ways to promote healing and improve mental health. The company is developing digital therapeutics technology and researching psychedelic compounds to support access to safe, evidence-based psychedelic-assisted therapies globally. Learn more at mindcure.com, and follow us on LinkedInFacebookTwitter, and Instagram.

On Behalf of the Board of Directors
Kelsey Ramsden, President & CEO
Phone: 1-888-593-8995

Forward-Looking Information
Certain information presented in this news release may constitute "forward-looking information" within the meaning of applicable securities laws regarding MINDCURE and its business. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors could cause actual results to differ materially from the Company's expectations, including the risks detailed from time to time in the Company's public disclosure. The reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events, or otherwise.

The CSE has neither approved nor disapproved the contents of this press release and the CSE does not accept responsibility for the adequacy or accuracy of this release.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mindcure-appoints-dr-doron-sagman-as-chief-medical-officer-301443994.html

SOURCE Mind Cure Health Inc.

FAQ

What is the significance of Dr. Doron Sagman's appointment at MINDCURE?

Dr. Doron Sagman's appointment as Chief Medical Officer is significant as he brings over 30 years of experience in clinical and regulatory affairs, critical for advancing MINDCURE's mission in mental health care.

What role will Dr. Joel Raskin take following the appointment of Dr. Sagman?

Dr. Joel Raskin will transition to an advisory role within MINDCURE after serving as the acting Chief Medical Officer.

How might Dr. Sagman's experience impact MINDCURE's operations?

Dr. Sagman's extensive background in pharmaceutical drug development and clinical trials could enhance MINDCURE's research initiatives and innovative therapy development.

What are Dr. Sagman's qualifications and previous roles?

Dr. Sagman is a seasoned psychiatrist with leadership experience at Eli Lilly Canada and has held various positions in medical research, clinical development, and regulatory affairs.

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