Posted on Tuesday, January 1st, 2013 | In OTCBB Markets
Health information company ALR Technologies, Inc. (OTCBB: ALRT) on Monday disclosed the appointment of William S. Smith as Chief Commercial Officer and member of the Board of Directors, effective January 1, 2013. Smith will oversee sales and marketing, investor relations, public affairs, communications and government affairs, according to a corporate statement.
Previously, Smith spent ten years as Vice President of U.S. Public Affairs and Policy at Pfizer, Inc. (NYSE: PFE), where he was the lead advisor on U.S. policy issues to Pfizer’s U.S. commercial businesses.
Most recently, he was Managing Director of Healthcare at NSI, LLC, a Washington, D.C.-based consulting firm, where Smith advised pharmaceutical, biotechnology and medical device companies, including AstraZeneca PLC (NYSE: AZN), Merck & Co. (NYSE: MRK), Genzyme Corp. (acquired by Sanofit-Aventis (NYSE: SNY) in 2011 for $20.1 billion), MedImmune, Inc. (acquired by AstraZeneca in 2007 for $15.6 billion), and Brussels, Belgium-based global biopharmaceutical company UCB S.A.
Smith also worked in government as a staff member of two Massachusetts Governors, a leadership aide to the Rupublican Leadership in the U.S. House of Representatives and a senior aide in the White House Office of national Drug Control Policy under President George H.W. Bush.
“I am delighted to welcome Mr. Smith to ALR Technologies,” said ALRT chief executive Sidney Chan. “He has deep experience in the healthcare marketplace and he has significant experience building and leading a large organization. As a consultant, he provided ALRT with invaluable strategic counsel on our key markets and business model. As we now enter the commercial phase of our key product, he will build a world class organization to support our growth.”
“I am very excited to join ALR Technologies,” said Mr. Smith. “The company has developed a technology and a business model that is precisely in the space where healthcare is going. The company has huge potential for growth and its future success would represent a great opportunity for patients with diabetes to better control their condition.”
Smith is referencing ALR’s Health-e-Connect system, a web-based patient management platform for medical professionals to improve compliance and adherence to care plans of patients in their homes. The company has indicated that the system is expandable to manage a wide array of diseases, but is keeping their initial commercialization initiatives focused on diabetes, a chronic disease impacted tens of millions of patients in the United States that has seen exponential diagnosis rates in recent years.
Shares of ALRT closed trading Monday at 3.3 cents.
ALR Technologies (ALRT) Stock Quote and News:
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