Friday, September 29, 2023

561.316.3330

Biotechnology News Magazine

Leo Toole Appointed CFO of ViCentra

Latest Posts

Airway Therapeutics Completes Dose Escalation in Phase 1b Trial of Zelpultide Alfa (AT-100) for Very Preterm Infants at Risk for Bronchopulmonary Dysplasia

Airway Therapeutics began recruiting patients on March 28, 2023, for daily treatment up to 7 days at the highest dose of zelpultide alfa (rhSP-D) following a Data Safety Monitoring Committee (DSMC) report of no safety concerns.

Roche introduces navify® Algorithm Suite, a digital library of medical algorithms that enhances clinical decision-making to optimise patient care

At the global HIMSS1 Conference, Roche showcases navify Algorithm Suite, a single platform offering clinicians access to medical algorithms generating insights to help improve care decisions.

PathO3Gen Solutions UVZone® Proven 99.9993% Effective Against Candida Auris: Shoes and Floors in Healthcare Facilities Should Be Addressed as Outbreak Continues

PathO3Gen Solutions’ multi-patented UVZone Shoe Sanitizing Stations, when placed in high-traffic and high-risk areas, enhance healthcare facility infection control measures, and may improve overall hospital biosafety.

Pharming announces the first commercial shipments of Joenja® (leniolisib) to patients in the U.S.

Under the terms of Pharming's 2019 exclusive license agreement with Novartis for leniolisib, the corresponding first commercial sale of Joenja® triggers a $10 million milestone payment by Pharming to Novartis.

ViCentra B.V., the company behind Kaleido, one of the world’s smallest, lightest and most precise Insulin Pump systems for treating people with type 1 Diabetes, is pleased to announce the appointment of Leo Toole as Chief Financial Officer and provides a corporate update on its expansion pathway of Kaleido into key European markets in 2023.

Leo Toole brings a wealth of experience in senior finance roles with more than 25 years’ experience in medical technology, pharmaceutical, and FMCG sectors. Leo was previously CFO of hVIVO plc, a UK contract research organization publicly listed on AIM & Euronext (HVO), specializing in testing infectious and respiratory disease products, and was a key member of the team that turned around the Company’s financial position from 2020 to 2022. Prior to this, Leo was CFO of Sigmoid Pharma Ltd, an Irish specialty pharma company developing drugs for ulcerative colitis, which completed a c$60m financing in 2018. Leo’s other experiences include his role at BiancaMed Ltd, an Irish medical device company sold to ResMed Inc in 2011 and senior finance roles in Procter & Gamble across Europe.

Frans Cromme, Chief Executive Officer of ViCentra, said: “We are delighted to welcome Leo at this pivotal time of Company development and growth. Leo has experience in both large corporate organizations and small entrepreneurial ventures and understands financial market dynamics having successfully led multiple private and public financing events. His expertise will serve us as we seek additional funding and expand our operations to bring our CE-marked product Kaleido to thousands of people with Type 1 diabetes.”

Leo Toole, Chief Financial Officer of ViCentra, commented: “I am excited to join ViCentra during this period of great change and Company growth. I am extremely impressed by this disruptive technology that will help combat the increasing prevalence of diabetes. I look forward to contributing to ViCentra’s excellent leadership team as we drive the European expansion of Kaleido and prepare for US entry.”

ViCentra’s flagship product Kaleido is one of the world’s smallest, lightest and most precise insulin pump systems and can be uniquely tailored to the person using it. The tiny pump combines the freedom of a patch pump with the versatility of a conventional pump and uses unique micro-pulse technology to deliver accurate and consistent dosing of insulin. It is available as a manual and automated insulin delivery system.

ViCentra has successfully scaled its manufacturing capacity to enable the launch of Kaleido into multiple European geographies and is expanding its commercial team. Kaleido is currently available and growing in the Netherlands and France and will be launched in Germany, the world’s second largest diabetes market, in 2023.

Latest Posts

Learn More

spot_img

Subscribe

spot_img

Our Sister Publication

Medical Device News Magazine