Emyria adds consultant psychiatrist to Medical Advisory
Released
Released
Announcement PDF
ASX Announcement
01/02/2021
Emyria boosts Medical Advisory board with appointment of Naval
Veteran and consultant psychiatrist Dr Richard Magtengaard
Highlights:
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Consultant psychiatrist and retired Naval Officer Dr Richard Magtengaard to join
Emyria’s Medical Advisory Board
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Dr Magtengaard is the current Director of Military Trauma Recovery Programme for
sustained physical and psychological traumas
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Appointment boosts Emyria’s clinical expertise in mental health care
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Appointment to support Emyria’s mental health-focussed drug development
programs, clinical studies and new evidenced-based clinical service models
Emyria Limited (ASX: EMD) (Emyria or the Company), a data-backed drug development
company, is pleased to announce the appointment of Consultant Psychiatrist Dr Richard
Magtengaard, to its Medical Advisory Board.
The appointment will support Emyria’s multiple mental health focussed initiatives targeting
unmet needs in mental health. This includes an initial drug development program EMD-003 - targeting psychological distress and the symptoms of anxiety, depression and
stress (see ASX release 25 NOV 20) as well as the development of an evidenced-based
psychedelic-assisted therapy program for patients with major mental health concerns
partnership with Mind Medicine Australia to (see ASX release 19 NOV 20).
Dr Magtengaard is a Consultant Psychiatrist with nearly 20 years of clinical and
administrative experience and also served for 10 years as a Commissioned Officer within the
Royal Australian Navy, before retiring to complete his Medical Degree.
Dr Magtengaard is currently the Director of the Military Trauma Recovery Programme across
2 busy sites of care, namely Marian Centre Hospital (a 69 bed Tier 1 DVA Accredited private
hospital) and Salvado (an interdisciplinary setting for specialist care). This programme
remains dedicated to assisting Defence Personnel, Veterans and other First Responder
Organisations and their families, who have sustained physical and psychological traumas
during the performance of their duties.
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Richard is Chair of the Medical Advisory Committee at Marian
Centre Hospital and a member of St John Ambulance Expert
Advisory Group. He remains an active member of the
Australasian Military Medical Association (AMMA) and has
developed lasting affiliations with ADF Joint Health
Command (JHC), Returned Services League WA (RSLWA),
St John Ambulance (SJA), West Australian Police (WAPOL),
Department of Fire and Emergency Services (DFES),
Australian Federal Police (AFP) and numerous other
Ex-Service Organisations (ESOs).
Richard is also a Foundation member of Oqea and is refining this innovative platform to
improve the well-being of participants, with meaningful support and collaboration for the
hard-working clinician, busy administrators, alongside meeting the needs of funding bodies.
Emyria’s Managing Director, Dr Michael Winlo, said: “We’re delighted to add Dr
Magtengaard to our esteemed Medical Advisory Board. Dr Magtengaard is a highly
respected psychiatrist with expertise in mood disorders, chronic pain and PTSD. Dr
Magtengaard has a particular passion for improving care for Australian military veterans
and for using technology and innovation to improve care delivery.
Dr Magtengaard’s appointment boosts Emyria’s expertise in mental health as we progress
our own drug development, care model design and clinical research into the growing global
health concern of mental health.”
Dr Richard Magtengaard, said: “I’m passionate about improving mental health, particularly
for those who serve. Tackling the growing challenge of mental health will require new
technologies, treatments and data-backed ways of caring for patients. Emyria is leading
some great initiatives in these areas which is why I’m excited to support their mission.”
Emyria’s first end-to-end drug development program - EMD-003 (see ASX announcements
25 Nov 20 and 05 Jan 21) is a cannabinoid-based medicine seeking registration as a Schedule
3 medicine with the Therapeutic Goods Administration’s (TGA) Australian Register of
Therapeutic Goods (ARTG). The regulations allowing the registration of low-dose CBD
(<150mg) as a Schedule 3 medicine come into effect on Feb 1st, 2021. Successful registration
will require substantial evidence of quality, safety and effectiveness. The development of
EMD-003 is informed by Emyria’s Real-World Evidence (RWE) and backed by unique
intellectual property (IP). EMD-003 will target psychological distress and the symptoms and
anxiety, depression and stress.
This announcement has been approved and authorised for release by the Managing Director
of Emyria Limited.
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For further information:
Dr Michael Winlo
Managing Director
(08) 6559 2800
mwinlo@emyria.com
Lexi O’Halloran
Media/Investor Relations
+ 61 (0) 404 577 076
lexi@janemorganmanagement.com.au
Andrew Williams
Media Relations
+61 (0) 412 614 125
andreww@profilemedia.com.au
About Emyria (www.emyria.com)
Emyria Limited is a data-backed, drug development company. Emyria’s Treatments target
unmet needs and are focused on obtaining approval from major global regulators. Emyria’s
drug development programs are informed by insights generated from extensive analysis of
Emyria Data - deep, ethically-sourced clinical evidence that is gathered with patients across
Emyria’s independent clinical services (Emerald Clinics - www.emeraldclinics.com.au)
Emyria Data provides deep treatment insights and is therefore a source of unique IP,
strategically designed drug development and personalised care programs.
Cautionary Note on Forward-Looking Statements
Any statements in this press release about future expectations, plans and prospects for the Company,
the company’s strategy, future operations, and other statements containing the words “anticipate,”
“believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “target,” “potential,” “will,”
“would,” “could,” “should,” “continue,” and similar expressions, constitute forward-looking statements.
Actual results may differ materially from those indicated by such forward-looking statements as a
result of various important factors, including: the Company’s ability to successfully develop its product
candidates and timely complete its planned clinical programs and the Company’s ability to obtain
marketing approvals for its product candidates. In addition, the forward-looking statements included
in this press release represents the Company’s views as of the date hereof. The Company anticipates
that subsequent events and developments will cause the Company’s views to change. However, while
the Company may elect to update these forward-looking statements at some point in the future, the
Company specifically disclaims any obligation to do so. These forward-looking statements should not
be relied upon as representing the Company’s views as of any date subsequent to the date hereof.
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