Day: February 7, 2023

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Keyron appoints new Chief Executive Officer

Carl D Francis takes the helm at medtech group focused on reversal of diabetes, NASH, and obesity

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 as Chief Executive Officer.

“The 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,” Francis said. “Keyron’s 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.”

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’s forecast in their recently released 2022 Atlas, 67% of women and 51% of men in the Americas will be living with obesity (BMI ≥ 30) by 2030.

Keyron’s 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.

Following successful rodent studies in 2019 and swine studies in 2022, Keyron’s 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.

Dr Giorgio Castagneto Gissey, Keyron’s Chairman, said, “We 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.”

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.

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ABOUT KEYRON

Keyron is a UK-based, preclinical-stage medical device and technology platform company aimed at a highly-effective treatment of metabolic diseases. Keyron’s patented ForePass™ is an innovative medical device designed to safely reverse type-2 diabetes, as well as NASH, and obesity. The company has already demonstrated a full reversal of insulin resistance in animal studies, and recently published the results in The Lancet EBioMedicine. Keyron has upcoming clinical trials in South America and aims to then carry out further clinical trials in the USA. Its founders, directors, advisors and investors include some of the most well-known and cited professors and KOLs worldwide in the metabolic diseases space. The company is backed by multiple institutional investors based in the USA and EMEA.

GlobeNewswire Distribution ID 8743797

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Death toll in Turkiye, Syria earthquake rises to 5000

The death toll from earthquakes in Turkiye and Syria has risen to over 5000, as the rescue and recovery operations are underway despite freezing weather.

Rescue teams continued search for survivors among the rubble of thousands of toppled buildings following the 7.8 magnitude deadly earthquake.

Turkish and Syrian disaster response teams said more than 5,600 buildings were flattened including many multi-storey apartments where residents were asleep as the quake struck.

Meanwhile, Turkish President Recep Tayyip Erdogan has announced seven days national mourning in the country for the victims the earthquake.

World leaders have pledged to send aid after Turkiye issued an international appeal for help.

Meanwhile, Turkish President Recep Tayyip Erdogan has announced a three-month state of emergency across 10 provinces worst affected by Monday’s devastating earthquake.

In the wake of devastating earthquakes in Türkiye and northern Syria, UN aid agencies have scrambled to help many thousands of reported victims, including those still believed to be buried under the rubble.

A Level 4 alarm has been issued by the Turkish government, requesting international assistance.

In northwest Syria, 4.1 million people rely on humanitarian assistance, mostly women and children.

A cholera outbreak is also ongoing in Syrian communities, coupled with harsh winter weather.

The World Health Organization has warned that up to 23 million people could be affected by the massive earthquake in Turkiye and Syria.

The body’s senior emergencies officer Adelheid Marschang told the WHO’s executive committee in Geneva that the WHO considers that the main unmet needs may be in Syria.

Meanwhile, the WHO chief also vowed that the agency will work closely with all partners to support authorities in both countries in the critical hours and days ahead, and in the months and years to come as both countries recover and rebuild.

Source: Radio Pakistan

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Ambassador Masood conveys condolences to Turkiye over casualties in quake

Pakistan’s Ambassador to the United States Masood Khan has telephoned his Turkish counterpart in Washington Hasan Murat Mercan, and expressed his heartfelt sympathies and deep condolences over loss of precious human lives due to devastating earthquake.

Speaking on the occasion, Masood Khan said that he was shocked and saddened to see the tragic devastation in Türkiye. He said that his heart goes out to the families, who have lost their loved ones, who are trying to recover and thousands who are injured.

Meanwhile, in his personal letter sent to the Turkish Ambassador in Washington, Ambassador Masood Khan said the Government and people of Pakistan have expressed full solidarity with the people of Türkiye at this difficult hour.

He said Prime Minister Shehbaz Sarif has also spoken to President Recep Tayyip Erdogan to extend his heartfelt condolences and will soon travel to Türkiye.

Masood Khan further said that search and rescue teams and humanitarian consignments have also been dispatched to Turkiye by the Government of Pakistan.

Source: Radio Pakistan