Healthcare >> CEO Interviews >> October 13, 1997

Eric Dupont – Aeterna Laboratories (ael)

DR. ERIC DUPONT founded Aeterna Laboratories in 1991 while completing his Ph.D. in physiology-endocrinology and a certificate in business administration at Universite Laval. Dr. Dupont also completed post- doctoral studies in neuro-endocrinology at the Centre de Recherche de l'Hopital Notre-Drame de Montreal, a research center affiliated with the Universite de Montreal. During his studies, Dr. Dupont was the recipient of a fellowship from the Medical Research Council of Canada from 1990 to 1993 and was the laureate of numerous awards of excellence for his work. Dr. Dupont is one of the named inventors of the patent on the angiogenesis inhibitor compound AE-941/Neovastat filed by Aeterna. Some prestigious organizations have already recognized the quality of Dr. Dupont's achievements as well as those of his company, such as the Fondation Armand-Frappier (Prizewinner for "Emerging Industries," 1996), the Association des diplomes de l'Universite Laval ("Raymond-Blais" Medal, 1996), the Caldwell Partners International ("Top 40 Under Forty," 1996), as well as the Chambre de commerce of Sainte-Foy (Fideide High Technology, 1994, Entreprise de l'Annee, 1996). Dr. Dupont is the author or co-author of over fifty scientific publications and lectures, which lectures he has given in America, Europe and Asia. Dr. Dupont is also President of the Board of Directors and Scientific Board of Aeterna Laboratories. Here are some of Dr. Dupont's main achievements: Discovery of an extraction and manufacturing process for angiogenesis inhibiting products (AE-941 and Neovastat_) that can control the formation of new blood vessels without affecting healthy tissues and organs. A patent was obtained in the United States for this process and others. Development of angiogenesis inhibiting products -- AE-941 are pending -- that can be used in some fifteen diseases such as solid tumor cancers, rheumatoid arthritis, osteoarthritis as well as certain ocular and dermatological diseases such as psoriasis. The innovative approach developed by Dr. Dupont consists in inhibiting the progression of new blood vessels without affecting healthy tissues and organs. Realization of a clinical study program on Neovastat_ for various solid-tumor cancers. Commercialization of a cosmetic ingredient with anti-aging properties discovered by Aeterna less than two years after a partnership agreement was signed with the multinational Estee Lauder inc. Initial public offering in December 1995 with the listing of Aeterna's stock on the Montreal Exchange and the Toronto Stock Exchange. Aeterna is a leading biotechnology company in Canada and is one of the world leader in the development of anti-angiogenic therapies. Profile
TWST: Dr. Dupont, give our readers a brief summary -- a thumbnail sketch

-- of Aeterna Laboratories.

Dr. Dupont: First, Aeterna Laboratories is a public medical biotech

company that I founded