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 […]

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.

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Pakistan dispatches relief assistance, rescue teams to quake-hit Turkiye

Chairman Joint Chiefs of Staff Committee General Sahir Shamshad Mirza, Services Chiefs and Armed Forces of Pakistan have offered their deepest empathy and condolences to the earthquake victims in Turkiye.On the instructions of Chief of Army Staff Gener…

Chairman Joint Chiefs of Staff Committee General Sahir Shamshad Mirza, Services Chiefs and Armed Forces of Pakistan have offered their deepest empathy and condolences to the earthquake victims in Turkiye.

On the instructions of Chief of Army Staff General Syed Asim Munir, Pakistan Army has dispatched two contingents; Urban Search and Rescue Team comprising rescue experts, sniffer dogs, search equipment and a Medical team comprising Army doctors, nursing staff and technicians along with 30 bedded mobile hospital, tentage, blankets and other relief items.

The aid contingents have flown to Adana, Turkiye via special PAF aircraft, to undertake relief efforts for Turkish people while working in close coordination with the Turkish Government, AFs and their Embassy in Islamabad.

The contingents will stay there till the completion of relief and rescue operations.

People and armed forces of Pakistan stand with our Turk brethren and offer all available support in this hour of need.

Meanwhile, Chairman NDMA Lt General Inam Haider Malik dispatched three tons emergency relief consignment along with search and rescue team of Pakistan Army to Turkiye and Syria through PAF C-130.

On the directions of Prime Minister Shehbaz Sharif, NDMA has made arrangements for early provision of rescue and relief articles.

In a statement, Chairman NDMA Lt Gen Inam Haider Malik said NDMA Team along with Pakistan Armed Forces and Federal stakeholders is in constant communication with the diplomatic channels at both ends. In first phase, Urban Search & Rescue teams from 1122 and Pak Army are being dispatched, along with winterized tents and blankets."

He said Pakistan is ready to provide all needed assistance to Turkiye and Syria at such difficult and challenging times, Pakistan especially cannot forget the extraordinary support by Government and people of Turkiye during floods 2022.

Source: Radio Pakistan

PM’s Relief Fund for Turkiye Earthquake victims established

Prime Minister’s Relief Fund for Turkiye Earthquake Victims, G-12166, has been officially established.Office of the Controller General of Accounts has issued notification in this regard.The decision to establish the fund was taken at a meeting of feder…

Prime Minister's Relief Fund for Turkiye Earthquake Victims, G-12166, has been officially established.

Office of the Controller General of Accounts has issued notification in this regard.

The decision to establish the fund was taken at a meeting of federal cabinet in Islamabad today.

Chairing the Cabinet meeting, Prime Minister Shehbaz Sharif appealed the people to generously donate for the earthquake victims in Turkiye.

The cabinet members also announced to donate their one month salary to the relief fund.

The meeting decided that government employees from Grade 18 to 22 will donate their one-day pay to the fund.

The Prime Minister briefed the cabinet members about his telephonic conversation with Turkish President Recep Tayyip Erdogan immediately after the earthquake, in which he expressed his deep grief over the devastation caused by the earthquake and assured of his full cooperation to the government and people of Turkiye.

The Prime Minister said PIA and Pakistan Air Force flights carrying relief goods, rescue teams, doctors and paramedics have left for Turkiye and delivery of more relief supplies will continue.

At the outset of the meeting, the Cabinet prayed for the victims of earthquake in Turkiye and Syria and speedy recovery of the injured.

The Cabinet also set up a committee headed by Minister for Law and Justice Azam Nazeer Tarar to review the Criminal Laws Amendment Bill 2023 sent by the Ministry of Interior.

Source: Radio Pakistan

PM Shehbaz to visit Turkiye tomorrow to express solidarity with Turkish people

Prime Minister Muhammad Shehbaz Sharif will visit Turkiye on Wednesday to offer condolence to Turkish President Recep Tayyip Erdogan over massive human and material loss due to devastating earthquake.In a tweet, Minister for Information and Broadcastin…

Prime Minister Muhammad Shehbaz Sharif will visit Turkiye on Wednesday to offer condolence to Turkish President Recep Tayyip Erdogan over massive human and material loss due to devastating earthquake.

In a tweet, Minister for Information and Broadcasting Marriyum Aurangzeb said the Prime Minister will also express solidarity with the people of Turkiye.

The Minister said the All Parties Conference scheduled for Thursday has also been rescheduled due to the Prime Minister's visit to Turkiye and the new dates will be announced later after consultation with the coalition partners.

Source: Radio Pakistan

Special plane carrying humanitarian assistance leaves for quake-hit Turkiye

On the instructions of Prime Minister Shehbaz Sharif, a special plane carrying humanitarian assistance and rescue team of Pakistan army has left for Turkiye.Two more planes will leave for Turkiye on Tuesday, to carry 50 personnel of Rescue 1122 and 15 …

On the instructions of Prime Minister Shehbaz Sharif, a special plane carrying humanitarian assistance and rescue team of Pakistan army has left for Turkiye.

Two more planes will leave for Turkiye on Tuesday, to carry 50 personnel of Rescue 1122 and 15 tonnes of humanitarian assistance to the earthquake affected areas. The assistance will include winter tents, blankets, and other essential items.

From tomorrow, a PIA plane will daily carry 15 tonnes of humanitarian assistance from Islamabad and Lahore airports to Turkiye and Syria.

Teams from the Ministry of Health and army medical corps will also depart for both earthquake devastated countries.

Source: Radio Pakistan

First phase of Rashakai Economic Zone to be completed in March

The construction work of first phase of Rashakai Special Economic Zone will be completed next month.This was stated by spokesperson of China Road and Bridge Corporation in Pakistan while talking to China Economic Net.The spokesperson said an important …

The construction work of first phase of Rashakai Special Economic Zone will be completed next month.

This was stated by spokesperson of China Road and Bridge Corporation in Pakistan while talking to China Economic Net.

The spokesperson said an important part of the first phase of Rashakai Special Economic Zone construction is power transmission and transformation and work on it is nearing completion.

Rashakai Special Economic Zone is a flagship project under China-Pakistan Economic Corridor, jointly developed by Chinese and Pakistani companies.

Source: Radio Pakistan

Pakistan, Ethiopia agree to strengthen bilateral cooperation

Pakistan and Ethiopia have agreed to further strengthen bilateral cooperation on preserving the rules-based international order for global peace and security in the fast-changing global dynamism.The resolve was expressed during a meeting between Foreig…

Pakistan and Ethiopia have agreed to further strengthen bilateral cooperation on preserving the rules-based international order for global peace and security in the fast-changing global dynamism.

The resolve was expressed during a meeting between Foreign Ministry’s Additional Secretary for Africa, Javed Ahmed Umrani and Ethiopia’s Ambassador Extraordinary to Pakistan Jemal Beker Abdula in Islamabad.

During the meeting, ways to enhance bilateral, regional and multilateral cooperation between the two countries were discussed.

The entire gamut of bilateral relations between the two countries was also reviewed during the meeting.

Source: Radio Pakistan