InMed Engages former GW Pharmaceuticals financier
InMed Engages Peter Mountford as Strategic Advisor
Vancouver, BC – May 05, 2015 - InMed Pharmaceuticals Inc. ("InMed") (CSE: IN; OTCQB: IMLFF), a clinical stage biopharmaceutical company that specializes in developing safer, more effective cannabis-based therapies, announced today that former GW Pharmaceuticals financier, investor, and Non-Executive Director, Peter Mountford, has agreed to support InMed as Strategic Advisor with primary responsibility for the European markets.
In this role, Mr. Mountford will leverage his previous success in the emerging field of cannabinoid biotech, providing capital markets counsel and advisory for InMed, as well as enhancing shareholder value by advising the Company on European financing opportunities. As a financier, early stage investor, and Non-Executive Director for GW Pharmaceuticals, Mr. Mountford was successful in assisting the company with raising a substantial level of funds for the successful development of its business and was instrumental in its 2001 initial public offering (IPO).
Peter Mountford commented, "I am attracted to InMed's growing therapeutic pipeline and accelerated development strategy, as well as the impressive team of executives and advisors that the company has assembled. Their cutting-edge approach of therapy identification and development based on their proprietary platform technology is particularly compelling. As the market for cannabinoid-based therapeutics continues to expand globally, I look forward to supporting InMed with the expectation that my significant experience investing directly and securing investments in this sector will result in enhanced visibility for the company among European investors."
Craig Schneider, President and CEO of InMed, remarked "Aligning InMed with Peter Mountford brings another highly influential leader in cannabinoid based therapy development to our company. Specifically, we look forward to benefitting from Peter's proven financing capabilities and deep knowledge of European investors as we seek to expand InMed's shareholder base and attract new capital."
Mr. Mountford is currently a Non-Executive Director of RWS Holdings plc, one of the world's leading patent translation and search companies, and one of the top 50 companies on AIM, the London Stock Exchange's highly successful market for smaller growing companies. Mr. Mountford was instrumental in the IPO of RWS in 2003, and since then its share price has grown more than six times. More recently, Mr. Mountford was one of the founders of Learning Technologies Group plc, Europe's leading e-learning company, whose share price has risen almost four times since its successful IPO in 2013. Mr. Mountford has invested in and helped many companies raise large amounts of capital from Private Equity funds, pre-IPO investors, and Institutional Investors (through IPOs and reversals into cash shells). He is highly experienced in all areas of corporate finance including fund-raising, acquisitions, disposals, MBOs, MBIs and flotations.
