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Intrance Medical Systems Raises $8M in Series A Funding
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Intrance Medical Systems Names Krai Chatamra, Ph D , Vice President of Clinical Development
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Intrance Medical Systems Establishes U S Operations and Names Patrick Shea Chief Executive Officer
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Pharmaceutical industry leader to build organization from ground up with commitment to bringing innovation to the advanced Parkinson s disease community
Company plans to initiate U.S. clinical development of its fixed-dose combination treatment for enteral infusion in advanced Parkinson s disease patients
Intrance Medical Systems, Inc., a subsidiary of Sweden-based Intrance Holdings AB, today announced the company has officially established its U.S. operations with the appointment of Patrick M. Shea as Chief Executive Officer and member of the Board of Directors. Mr. Shea will be responsible for building the company s operational and business structure and initiating the U.S. clinical development program for its fixed-dose combination treatment of levodopa, carbidopa and entacapone for enteral infusion in advanced Parkinson s disease patients. The product is currently marketed as Lecigon in the Nordic countries and certain European markets.