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Medicago appoints new CFO

Canada-based biotechnology company Medicago has announced the return of Pierre Labbe as CFO on a full-time basis, effective May 5, 2008.

Pierre Labbe was most recently vice president and CFO of Plexmar Resources. Prior to Plexmar, Mr Labbe spent three years as vice president, CFO and secretary of Medicago.

Andy Sheldon, president and CEO of Medicago, said: We are very pleased to welcome back Pierre Labbe. His appointment strengthens our experienced senior management team and addresses the increased demands on strategic planning and capital markets activities as we build the company and execute our growth strategy.