GC Aes­thet­ics ap­points US chief in its pur­suit of FDA ap­proval

Sunday Independent (Ireland) - Business & Appointments - - FRONT PAGE - Michael Cog­ley

GC Aes­thet­ics, an Ir­ish breast im­plant maker backed by tech vet­eran Bill Mccabe, pic­tured, has ap­pointed a US project man­ager to spear­head its en­try into the Amer­i­can mar­ket­place.

The com­pany has placed Ron Cos­mas, a man­ager with more than 20 years of ex­pe­ri­ence work­ing with aesthetic med­i­cal de­vice com­pa­nies, at the head of its US op­er­a­tions.

Cos­mas has worked with a num­ber of “key part­ners” in the area, in­clud­ing Mcghan Med­i­cal, Al­ler­gan, Sien­tra, Keller Med­i­cal and OBP Med­i­cal. The busi­ness also ap­pointed Mar­i­ano Gar­cia-valino to the board of di­rec­tors. He has more than 25 years of ex­pe­ri­ence in the ar­eas of healthcare, strat­egy and en­trepreneur­ship.

His ap­point­ment fol­lowed an agree­ment with clin­i­cal med­i­cal re­search or­gan­i­sa­tion ICON to pro­vide reg­u­la­tory ser­vices to sup­port an FDA ap­proval for its breast im­plant prod­ucts in the US.

GC’S chief ex­ec­u­tive Car­los Reis Pinto said that he was “thrilled” about the re­cent de­vel­op­ments at the com­pany.

“We are com­mit­ted to ad­vanc­ing our prod­ucts for women seek­ing safe, em­pow­er­ing breast aug­men­ta­tion or re­con­struc­tion so­lu­tions,” he said.

“The com­bi­na­tion of adding aesthetic in­dus­try vet­eran Ron Cos­mas to our team and our part­ner­ship with ICON will help us in achiev­ing our strat­egy of bring­ing our new gen­er­a­tion of im­plant tech­nol­ogy to the US.” In Au­gust, the com­pany se­cured €6.5m in cash with Mccabe’s Oys­ter Cap­i­tal and Tony Barry of Barry’s Tea both in­vest­ing. Mon­treux Eq­uity Part­ners, an­other ex­ist­ing in­vestor, also con­trib­uted to the fundrais­ing round.

GC, which aban­doned a planned Nas­daq IPO a num­ber of years ago, said in its most re­cent ac­counts that it needed to raise fresh cash.

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