Florizone issued a statement Wednesday evening saying the comments have caused harm broadly to not only the university, but the dental industry as a whole.
The statement says a number of the women in the case have elected to proceed with a restorative justice process under the policy's informal resolution procedure, and this process is already underway.
Florizone says the outcomes of the process may be made public if those involved decide to come forward.
He continues by saying the restorative justice process is being done in good faith and if those involved don't show enough commitment to the process, a formal complaint will be lodged under the university's sexual harassment police.
He also committed to forming a presidential task force "in the coming weeks."
Florizone is expected to address the media at 7 p.m. AT. CBCNews.ca will be live streaming the event.