Business - Eugene Melnyk

Eugene began his business career in 1982 with Trimel Corp., a medical publishing company he sold to Thomson Corp. in 1989.

Eugene is the Founder and former Chairman and CEO of Biovail Corp., what was once Canada’s largest publicly traded pharmaceutical company with more than C$1-billion in annual revenue.

He was named EY Entrepreneur of the Year in 1999 and was selected as one of the Top CEOs of the Year in 2001 by Canadian Business Magazine.

Eugene retired as Biovail’s Chairman in 2007 when the company was acquired by Valeant Pharmaceuticals, now known as Bausch Healthcare.

In 2018, Eugene purchased a medical device company specializing in the diagnosis of neurological disorders based in Pittsburgh. The company was renamed Neurolign Technologies in 2019 and Eugene is Chairman and CEO.

Eugene also acquired Clean Beauty Collective Inc. (formerly Fusion Brands Inc.), a boutique beauty company specializing in creating and manufacturing brands that are organic, ethically sourced and eco-conscious. He also founded Providence School in Barbados, a pre-kindergarten to Grade 10 institute that is committed to academic excellence.

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Chairman & CEO

Neurolign

Eugene serves as Chairman and CEO of Neurolign Technologies Inc., a medical device company specializing in the diagnosis of neurological disorders which he acquired and renamed in 2019. Neurolign has developed a revolutionary approach to the treatment of concussions.

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Founder

Biovail Corp.

Eugene is the Founder, former Chairman and CEO of Biovail Corp., what was once Canada’s largest publicly traded pharmaceutical company. He retired as Biovail’s Chairman in 2007 when the company was acquired by Valeant Pharmaceuticals. The company is now known as Bausch Healthcare.

Eugene began Biovail as a startup with two employees and annual sales of US$2.5 million in 1991.

He assembled a research and development team of over 200 staff and managed the development of more than 15 different pharmaceutical/drug products. Several of these products were branded, marketed and commercialized globally including Wellbutrin XL, Cardizem XL, Ultram ER, Glucophage XR, Tiazac, and Procardia Generic. Under Eugene's leadership, Biovail struck licensing and corporate deals with companies including GlaxoSmithKline, Forest Laboratories, Johnson and Johnson, Teva Industries, and Merck.

Biovail expanded over the years, building and developing research facilities in Toronto, Mississauga, Puerto Rico, Virginia, California, Brussels and Ireland. Additionally, Eugene oversaw the building of five manufacturing facilities in Manitoba, Puerto Rico, Virginia and Ireland.

At it's peak, Biovail had a Canadian and U.S. sales force of over 800 personnel. The company completed corporate financings of more than US $1-billion. Biovail was listed on both the TSX and NYSE.

Eugene was named EY Entrepreneur of the Year in 1999 and was selected as one of the Top CEOs of the Year in 2001 by Canadian Business Magazine.

Owner

Clean Beauty Collective Inc.

Eugene acquired the Clean Beauty Collective Inc. in 2009. The company's mission is to create and manufacture products for mindful consumers seeking quality, eco-conscious, and sustainable beauty products and fragrances.

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Founder

Providence School

Eugene is the Founder of the Providence School, a K-12 institution located in Barbados. He serves as Chairman of the Trustees and Board of Management.

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