{"id":65968,"date":"2023-02-07T08:03:54","date_gmt":"2023-02-07T08:03:54","guid":{"rendered":"http:\/\/malaysiantribune.com\/?guid=3919a2c4e0fe9d3ae61a2981db97fa54"},"modified":"2023-02-07T08:03:54","modified_gmt":"2023-02-07T08:03:54","slug":"keyron-appoints-new-chief-executive-officer","status":"publish","type":"post","link":"https:\/\/malaysiantribune.com\/keyron-appoints-new-chief-executive-officer\/","title":{"rendered":"Keyron appoints new Chief Executive Officer"},"content":{"rendered":"
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Carl D Francis takes the helm at medtech group focused on reversal of\u00a0diabetes, NASH, and obesity<\/h4>\n

LONDON, Feb. 07, 2023 (GLOBE NEWSWIRE) — Today Keyron, the medical technology group focused on reversing type 2 diabetes, non-alcoholic steatohepatitis (NASH), and obesity via an innovative medical device platform, announced the appointment of Carl D Francis<\/strong> as Chief Executive Officer.<\/p>\n

\u201cThe continuing rise in obesity, diabetes, and all forms of fatty liver disease is one of the biggest health challenges the world faces today. Literally billions of people are affected, and the numbers continue to rise rapidly,\u201d Francis said. \u201cKeyron\u2019s technology is a complete game-changer. An innovative, non-surgical, endoscopically-delivered, fully reversible treatment as an alternative to drastic bariatric surgeries is as exciting as it gets. I am really proud and honoured to be part of Keyron.\u201d<\/p>\n

The American Diabetes Association states that today 37m Americans suffer from diabetes, with 96m having pre-diabetes. The link between obesity and diabetes is well established, and according to The World Obesity Federation\u2019s forecast in their recently released 2022 Atlas, 67% of women and 51% of men in the Americas will be living with obesity (BMI \u2265 30) by 2030.<\/p>\n

Keyron\u2019s patented technology is designed to be a fully endoscopic, outpatient procedure providing the same or greater metabolic benefits of gastric bypass surgery, including a reversal of type 2 diabetes and obesity, as well as NASH and liver fibrosis.<\/p>\n

Following successful rodent studies in 2019 and swine studies in 2022, Keyron\u2019s first-in-human trials are planned to begin in early 2024. Keyron is targeting to achieve FDA clearance by 2028, and a US launch is planned as the first target market. The company is now making plans to raise a $15m Series A funding round.<\/p>\n

Dr Giorgio Castagneto Gissey, Keyron\u2019s Chairman, said, \u201cWe are thrilled that Carl will be leading Keyron as we enter this critical stage of our development. Carl brings energy, focus, and senior leadership experience to ensure we realize our full potential. Keyron has always had high profile, world-leading board members and medical advisors, and we continue to bring onboard remarkable people. We are truly delighted to have been able to attract Carl.\u201d<\/p>\n

Francis was previously CEO of successful nano-technology group P2i. During his tenure the group grew from a handful of employees to global leadership in the functional nano-coating space. He was most recently CEO of UK-based medtech group Eyoto which specializes in advanced technologies in the optical and ophthalmic industries. He started his career as a US CPA, is a member of Mensa, and has a BSc from the University of Cincinnati.<\/p>\n

CONTACT<\/strong><\/p>\n

For further information please contact:<\/p>\n