Stockholm, January 7, 2020 – IRRAS, a global healthcare company with a comprehensive portfolio of innovative solutions for neurocritical care, today provides an update on the launch of its products in the United States (US) and product portfolio objectives for 2020. 

“We are excited to report on the growth and expansion of IRRAS’ IRRAflow® and Hummingbird ICP monitoring product lines,” said Kleanthis G. Xanthopoulos, Ph.D., President & CEO of IRRAS. “The CE Mark recertification of IRRAflow and the US launches of IRRAflow and Hummingbird provide IRRAS with good opportunities to meet our  2020 goals and accelerate our  progress toward becoming a global leader in neurocritical care.”

IRRAflow Updates and 2020 Goals

IRRAflow, a commercially available medical device system for the treatment of intracranial bleeding, is the world’s first “irrigating ventricular drain,” and its unique mechanism of action addresses the complications associated with the current methods of managing intracranial fluid by using a dual lumen catheter that combines active irrigation with ongoing fluid drainage. Additionally, IRRAflow incorporates ICP monitoring and uses a proprietary software to regulate treatment based on desired pressure levels.

• In the US, the launch of IRRAflow continues to progress as planned, and IRRAS has now generated physician support at approximately 70 stroke centers in the US.  Of these 70, more than 15 have purchased IRRAflow components or are actively evaluating the system, including locations in the high-volume neurocritical care markets of Illinois, New York, and California.  Training is underway to introduce IRRAflow at approximately 10 additional hospitals early in 2020. As the IRRAS commercial team expands during 2020, resources will be in place to train the remaining 45+ US hospitals that have expressed interest in IRRAflow.

• During the 4th quarter of 2019, four new centers in the US placed orders for the company’s IRRAflow system.  Of these four new purchasing customers, three of the hospitals represent IRRAS’ first customers to successfully complete an IRRAflow product evaluation and stock the system’s capital equipment moving forward.  Additionally, three of these new US customers added have received certification as comprehensive stroke centers and treat the most complex stroke patients.
• Currently in the US, IRRAS has deployed seven direct sales professionals focused on building brand awareness and physician support and training new customers. They have generated physician support to evaluate IRRAflow at approximately 25 of the top 100 neurosurgical centers in the US, and, as the size of the company’s US team grows in 2020, the ability to train and generate revenue from a larger customer base is expected to increase. 
• In December 2019, IRRAS received CE Mark approval for its IRRAflow catheter, enabling IRRAS to commercially market the system in the European Union.  With this CE Mark back in place and additional regulatory approvals, IRRAS now markets IRRAflow in the United States, the European Union, Costa Rica, Argentina, Israel, Kuwait, and Hong Kong.  To date, patient treatments have been completed in the United States, Germany, Finland, Austria, Hong Kong, Israel, and Kuwait. 
• In the second half of 2019, IRRAS introduced the IRRAflow Laser Level, the IRRAflow Drainage Collection System, a software usability upgrade for the IRRAflow Control Unit, and the IRRAS Cranial Access Kit to enhance the user’s experience with the IRRAflow system.
• In 2020, IRRAS’ target is to commercially introduce IRRAflow in at least 4 additional  markets globally.
• In 2020, IRRAS’ target is to introduce at least three additional line extensions to the IRRAflow family of products.  These expected introductions include usability improvements to the IRRAflow Tube Set and performance enhancements to expand the line of IRRAflow catheters.

Hummingbird Product Updates and 2020 Goals

• IRRAS’ Hummingbird® ICP Monitoring product family is now commercially available in the US and includes a proprietary zero-drift Intracranial Pressure (ICP) monitoring system and both single and multi-lumen cranial access bolts and catheters to provide the most accurate parenchymal ICP monitoring on the market.
• With the US launch of Hummingbird accelerating in 2020, IRRAS’ target is to expand its customer base for the Hummingbird products to more than 25 customers during the year.
• With the CE Mark for IRRAflow back in place, in 2020, IRRAS plans to work closely with global regulatory agencies to expand the Hummingbird regulatory approval to additional markets outside the US.

“With our CE Mark in place again, our international sales team is excited to bring IRRAflow to customers globally in 2020,” said Will Martin, IRRAS’ Chief Commercial Officer.  “We are beginning to execute upon our product relaunch strategies, and we look forward to reintroducing IRRAflow initially to customers in Germany and initiating training in additional countries in the near future. The global introduction of IRRAflow, combined with the continued US launch of IRRAflow and the US product introduction of Hummingbird ICP Monitoring, sets the stage for an exciting 2020 for IRRAS.”

About IRRAS

IRRAS AB is a global healthcare company focused on delivering innovative medical technologies to our customers and their patients. IRRAS designs, develops and commercializes products that improve patient outcomes and decrease the overall cost of care by addressing complications associated with current treatment methods in neurocritical care. IRRAS markets and sells its products to hospitals worldwide through its direct sales organizations in the U.S. and select European countries and a network of distribution partners in other markets.  

IRRAS maintains its headquarters in Stockholm, Sweden, with corporate offices in Munich, Germany, and San Diego, California, USA. For more information, please visit www.irras.com. 

IRRAS AB (publ) is listed on Nasdaq First North Premier Growth Market (ticker: IRRAS). Redeye AB is certified adviser of the company with email certifiedadviser@redeye.se or phone +46 8 121 576 90.
  

For more information, please contact:

USA
Kleanthis G. Xanthopoulos, Ph.D.
President and CEO
ir@irras.com  

Europe
Sabina Berlin
CFO
+46 73 951 95 02
sabina.berlin@irras.com

The information was released for public disclosure, through the agency of the contact person above, on January 7, 2020 at 08:00 a.m. (CET).

 Release

Stockholm, Sweden, December 19, 2019 – IRRAS, a global healthcare company with a comprehensive portfolio of innovative products for neurocritical care, announced today that it received CE Mark approval for its IRRAflow^® catheter. This CE Mark complements the two CE Marks previously obtained for the IRRAflow system’s tube set with digital pump and control unit, and allows IRRAS to once again commercially market the IRRAflow system in the European Union. The complete IRRAflow CNS System received approval for CE Mark today and will be ready for commercial launch in the EU.

IRRAflow, the company’s initial commercial product, is a transformative medical device system that combines controlled irrigation with ongoing fluid drainage to better manage patients with intracranial bleedings. In April 2018, IRRAS received an updated ISO 13485:2016 certificate and updated CE Mark approvals for both the control unit and tube set with digital pump in the IRRAflow system, both of which are Class II products. The proprietary IRRAflow catheter, however, is a Class III product, and required more time to review.

“We are pleased to receive the final CE Mark for IRRAflow in Europe, which is a strategically important geography for IRRAS,” said Kleanthis G. Xanthopoulos, Ph.D., President and CEO of IRRAS. “With this approval, we can now ramp up our marketing and sales efforts for the initiation of product sales in the key EU market.”

“In my previous patient treatment experience with IRRAflow, I found the system’s combination of irrigation and drainage to be a valuable tool in treating my critically ill patients with intracranial bleeding and brain infections,” said Dr. Behnam Rezai Jahromi, Neurosurgeon from Helsinki University Hospital in Helsinki, Finland. “Innovation in neurocritical care has been limited through the years, and I look forward to studying the potential impact of IRRAflow more closely in the future.”

“Over the past year, we have seen many successful case outcomes and significant customer interest across a variety of neurosurgery procedures with IRRAflow, therefore, we are thrilled to be able to continue our expansion to Europe,” said Will Martin, IRRAS’ Chief Commercial Officer. Based on this early experience, we are confident that IRRAflow will continue to significantly improve patient outcomes and result in sustained sales growth.”  

About IRRAS

IRRAS AB is a global healthcare company focused on delivering innovative medical technologies to our customers and their patients. IRRAS designs, develops and commercializes products that improve patient outcomes and decrease the overall cost of care by addressing complications associated with current treatment methods in neurocritical care. IRRAS markets and sells its products to hospitals worldwide through its direct sales organizations in the U.S. and select European countries and a network of distribution partners in other markets.  

IRRAS maintains its headquarters in Stockholm, Sweden, with corporate offices in Munich, Germany, and San Diego, California, USA. For more information, please visit www.irras.com. 

IRRAS AB (publ) is listed on Nasdaq First North Premier Growth Market (ticker: IRRAS). Redeye AB is certified adviser of the company with email certifiedadviser@redeye.se or phone +46 8 121 576 90.
  

For more information, please contact:

USA
Kleanthis G. Xanthopoulos, Ph.D.
President and CEO
ir@irras.com  

Europa
Sabina Berlin
CFO
+46 73 951 95 02
sabina.berlin@irras.com

This document is considered information that IRRAS is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was released for public disclosure, through the agency of the contact person above, on December 19, 2019 at 8.30 p.m. (CET).

 Release

Stockholm, December 16, 2019 – IRRAS, a global healthcare company with a comprehensive portfolio of innovative products for neurocritical care, today announced the launch of its Hummingbird^® ICP Monitoring product family in the United States.

These products, which were acquired by IRRAS in May 2019, include proprietary single and multi-lumen cranial access bolts, parenchymal intracranial pressure (ICP) monitoring, and a cranial access kit. The Hummingbird family of products helps clinicians diagnose and manage patients’ intracranial pressure after traumatic brain injury, a subarachnoid hemorrhage, and/or a stroke. The Hummingbird ICP Monitoring product line is designed for accuracy, reliability, and ease of use to address the needs of both the hospital and the patient.

 “The launch of the Hummingbird product line deepens our continued commitment to deliver innovative technologies and improved medical treatments for neurocritical care. It is known that elevated intracranial pressure during traumatic brain events can cause major complications and even death,” said Kleanthis G. Xanthopoulos, Ph.D., President & CEO. “Our Hummingbird line of products significantly improves a physician’s ability to manage intracranial pressure, leading to better overall treatment outcomes.”

“Multimodal monitoring brings a lot of value and options when treating patients with traumatic brain injury,“ said Dr. Andrew Carlson, Assistant Professor of Neurosurgery at the University of New Mexico. “The Hummingbird system’s ability to drain fluid, measure pressure and provide additional lumens all from one bolt, gives us a unique and simplified approach to guide our management of the most critical patients in the neuro intensive care unit.”

“As we add the Hummingbird ICP Monitoring product family to our lead commercial product, IRRAflow^®, IRRAS will now offer the most advanced portfolio of products for the neuro intensive care unit,” said Will Martin, Chief Commercial Officer of IRRAS. “From the diagnosis of traumatic brain injury to needed drainage that removes blood and reduces excess pressure, Hummingbird and IRRAflow bring needed innovation to the entire spectrum of neurocritical care.”

Physicians or hospitals in the United States who are interested in learning more about IRRAS or the Hummingbird ICP Monitoring products should contact your local IRRAS sales professional or info@irras.com for additional information.  IRRAS’ team of direct sales professionals is available to provide support, training, and certification for the company’s entire product family, including Hummingbird and IRRAflow.

About IRRAS

IRRAS AB is a global healthcare company focused on delivering innovative medical technologies to our customers and their patients. IRRAS designs, develops and commercializes products that improve patient outcomes and decrease the overall cost of care by addressing complications associated with current treatment methods in neurocritical care. IRRAS markets and sells its products to hospitals worldwide through its direct sales organizations in the U.S. and select European countries and a network of distribution partners in other markets.  

IRRAS maintains its headquarters in Stockholm, Sweden, with corporate offices in Munich, Germany, and San Diego, California, USA. For more information, please visit www.irras.com. 

IRRAS AB (publ) is listed on Nasdaq First North Premier Growth Market (ticker: IRRAS). Redeye AB is certified adviser of the company with email certifiedadviser@redeye.se or phone +46 8 121 576 90.
  

For more information, please contact:

USA
Kleanthis G. Xanthopoulos, Ph.D.
President and CEO
ir@irras.com  

Europe
Sabina Berlin
CFO
+46 73 951 95 02
sabina.berlin@irras.com

The information was released for public disclosure, through the agency of the contact person above, on December 16, 2019 at 08:00 a.m. (CET).

 Release

Breakthrough medical device that transforms treatment of intracranial bleeding recognized as most innovative new medical device from southern California

Stockholm, Sweden, December 9, 2019 – IRRAS AB (NASDAQ Stockholm: IRRAS), a global healthcare company with a comprehensive portfolio of innovative products for neurocritical care, announced today that IRRAflow has been selected as the 2019 winner of CONNECT’s Most Innovative New Product award in the medical device category. CONNECT, a premier nonprofit helping entrepreneurs with innovative startups in the technology and life sciences sectors, continues its thirty-two-year tradition of celebrating innovation leaders in the broader San Diego area.

IRRAflow, the company’s initial commercial product, has a unique mechanism of action that addresses the complications associated with the current methods of managing intracranial fluid by using a dual-lumen catheter that combines automated irrigation, controlled drainage, and continuous ICP monitoring, all into one system.

“Our IRRAS team has worked extremely hard to build the foundation for a legacy company, and it was an honor to be recognized by our entrepreneurial peers,” said Will Martin, IRRAS’ Chief Commercial Officer. “At IRRAS, we are committed to bringing needed innovation to neurocritical care and this recognition confirms our commitment.”

IRRAflow was awarded in the medical device category at the annual Innovation Awards event held on Thursday, December 5^th, at the Hyatt Regency La Jolla at Aventine. Winners were selected in the following seven categories: Big Data; Cleantech; Defense; Medical Device; Life Science and Healthtech; Smart City & Transportation, and Software.

For a complete list of winners and additional information, please visit the CONNECT’s website.

About IRRAS

IRRAS AB is a global healthcare company focused on delivering innovative medical technologies to our customers and their patients. IRRAS designs, develops and commercializes products that improve patient outcomes and decrease the overall cost of care by addressing complications associated with current treatment methods in neurocritical care. IRRAS markets and sells its products to hospitals worldwide through its direct sales organizations in the U.S. and select European countries and a network of distribution partners in other markets.  

IRRAS maintains its headquarters in Stockholm, Sweden, with corporate offices in Munich, Germany, and San Diego, California, USA. For more information, please visit www.irras.com. 

IRRAS AB (publ) is listed on Nasdaq First North Premier Growth Market (ticker: IRRAS). Redeye AB is certified adviser of the company with email certifiedadviser@redeye.se or phone +46 8 121 576 90.

ABOUT CONNECT

For more than 30 years, CONNECT has focused on elevating entrepreneurs in the San Diego region. The organization has a long history as a powerhouse of resources for innovators, including mentorship, education, and connection to capital. CONNECT serves entrepreneurs and startups throughout their growth journey, from early stage to capital raise, with a suite of curated programs and events aimed to help companies grow, gain access to capital, and scale.
  

For more information, please contact:

USA
Kleanthis G. Xanthopoulos, Ph.D.
President and CEO
ir@irras.com  

Europa
Sabina Berlin
CFO
+46 73 951 95 02
sabina.berlin@irras.com

The information was released for public disclosure, through the agency of the contact person above, on December 9, 2019 at 8.00 a.m. (CET).

Stockholm, November 21, 2019 – IRRAS, a global healthcare company with a comprehensive portfolio of innovative products for neurocritical care, announced today that the US FDA has cleared a new 510(K) for IRRAflow. The application provided the FDA with supporting data demonstrating that extending the time of use of the product is safe and has the potential to be beneficial for patients.

IRRAflow is the world’s first irrigating ventricular drain. Its unique mechanism of action addresses the complications associated with the current methods of managing intracranial fluid by using a dual lumen catheter that combines active irrigation with ongoing fluid drainage. IRRAflow incorporates intracranial pressure or ICP monitoring and uses a proprietary software to regulate treatment based on desired pressure levels. IRRAS received initial clearance from the US FDA for IRRAflow in July 2018.

“We are very pleased to have received this new clearance from the FDA. The extended time of use will further enhance the usability of the transformative IRRAflow product for the benefit of neurocritical care patients. We are equally very pleased to continue to build a very good relationship with the FDA that has acted in an expeditious matter to award us this new 510(K) clearance” said Kleanthis G. Xanthopoulos, Ph.D., Chief Executive Officer of IRRAS. 

About IRRAS

IRRAS AB is a global healthcare company focused on delivering innovative medical technologies to our customers and their patients. IRRAS designs, develops and commercializes products that improve patient outcomes and decrease the overall cost of care by addressing complications associated with current treatment methods in neurocritical care. IRRAS currently markets and sells its IRRAflow and Hummingbird product lines to hospitals worldwide through its direct sales organizations in the U.S. and select European countries and a network of distribution partners in other markets.  

IRRAS maintains its headquarters in Stockholm, Sweden, with corporate offices in Munich, Germany, and San Diego, California, USA. For more information, please visit www.irras.com. 

IRRAS AB (publ) is listed on Nasdaq First North Premier Growth Market (ticker: IRRAS). Redeye AB is certified adviser of the company with email certifiedadviser@redeye.se or phone +46 8-121 576 90.

For more information, please contact:

USA
Kleanthis G. Xanthopoulos, Ph.D.
President and CEO
ir@irras.com

Europe
Sabina Berlin
CFO
+46 73 951 95 02
sabina.berlin@irras.com

This document is considered information that IRRAS is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was released for public disclosure, through the agency of the contact person above, on November 21, 2019 at 8:30 p.m. (CET).

 Release

IRRAflow Gaining Traction in US

” Since the US is the world’s largest market for neurosurgical procedures, we have focused much of our team’s resources toward supporting a successful early market introduction. Response to our IRRAflow technology remains strong, and our sales funnel is full. Patient treatments with IRRAflow continued to increase, and multiple hospital systems moved from evaluating IRRAflow into the approval and purchasing phase.”

Kleanthis G. Xanthopoulos, Ph.D., President and CEO of IRRAS

 

Third quarter, July – September 2019

• Net revenue amounted to SEK 0.9 million (0.0)
• Operating loss (EBIT) amounted to SEK -35.9 million (-40.0)
• Loss after tax amounted to SEK -35.7 million (-41.8)
• Earnings per share before and after dilution amounted to SEK -1.24 (-1.75)

Period January – September 2019

• Net revenue amounted to SEK 1.9 million (6.0)
• Operating loss (EBIT) amounted to SEK -115.7 million (-93.2)
• Loss after tax amounted to SEK -114.6 million (-88.8)
• Earnings per share before and after dilution amounted to SEK -4.36 (-3.74)

 

Important events during the quarter

• Issuance of new patent for core IRRAflow technology
  The patent includes both system and method claims for performing and regulating fluid exchange in IRRAflow. The new patent complements the existing patent portfolio and broadens the IP protection for the company´s core technology further.
• Key hires to the company
  In September, IRRAS announced the appointments of a Head of Regulatory Affairs and a Director, Project Engineering to drive IRRAS´ continued growth and that Vinny Podichetty VP, Clinical, Regulatory Affairs & Quality, resigned for personal reasons.

Other key accomplishments

• During the quarter, the initial clinical experience with IRRAflow in the United States was published in the peer-reviewed World Neurosurgery journal. The peer-reviewed article by Dr. Sumeet Vadera and his team from the University of California, Irvine highlights the use of IRRAflow in chronic subdural hematoma patients and reinforces key messages about the system’s safety, treatment impact, and cost effectiveness.

Important events after the end of the quarter

• No important events have taken place after the end of the quarter.

 

The report is available on the company’s website: https://investors.irras.com/en/reports-presentations
 

About IRRAS

IRRAS AB is a global healthcare company focused on delivering innovative medical technologies to our customers and their patients. IRRAS designs, develops and commercializes products that improve patient outcomes and decrease the overall cost of care by addressing complications associated with current treatment methods in neurocritical care. IRRAS currently markets and sells its IRRAflow and Hummingbird product lines to hospitals worldwide through its direct sales organizations in the U.S. and select European countries and a network of distribution partners in other markets. 

IRRAS maintains its headquarters in Stockholm, Sweden, with corporate offices in Munich, Germany, and San Diego, California, USA. For more information, please visit www.irras.com.

IRRAS AB (publ) is listed on Nasdaq First North Premier Growth Market (ticker: IRRAS). Redeye AB is certified adviser of the company with email certifiedadviser@redeye.se or phone +46 8 121 576 90.

 

For more information, please contact:

USA
Kleanthis G. Xanthopoulos, Ph.D.
President and CEO
ir@irras.com 

Europa
Sabina Berlin
CFO
+46 73 951 95 02
sabina.berlin@irras.com

 

This document is considered information that IRRAS is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was released for public disclosure, through the agency of the contact person above, on November 14, 2019 at 8:00 a.m. (CET).

 Release

Stockholm, November 11, 2019 – IRRAS, a global healthcare company with a comprehensive portfolio of innovative products for neurocritical care, today announced the hiring of Dr. Coenraad Tamse as Vice President, International Sales. Dr. Tamse brings more than 20 years of commercial, marketing, and executive experience in the medical device field to IRRAS with expertise in driving aggressive global revenue growth for multiple product platforms using both direct sales and distribution models.

“We’re thrilled to welcome Coenraad to the IRRAS team as we accelerate the commercial planning for the European launch of our IRRAflow^® and Hummingbird ICP^® product lines,” said Will Martin, Chief Commercial Officer of IRRAS. “Coenraad’s leadership experience and strong relationships with physicians and potential distribution partners will be important as we reintroduce IRRAflow to Europe and other global markets after the completion of our CE Mark recertification process.”

Dr. Tamse added, “I am excited to join IRRAS, an exciting company that is bringing cutting-edge products to patients around the world. After receiving my medical degree, I decided to dedicate my career to launching difference-making medical technologies, and I am pleased to continue this work with both IRRAflow and Hummingbird ICP. We have a tremendous opportunity to establish IRRAS as the innovation leader in neurocritical care, and I look forward to working with our team to accomplish these goals.”

Most recently, Dr. Tamse served as the Director of Europe, Middle East, and Africa (EMEA) for Mentice, a leader in global surgical simulation training. In this role, Dr. Tamse oversaw relationships with global medical device companies and was responsible for defining and owning the business strategy with key industry partners across the EMEA geography.

Prior to Mentice, Dr. Tamse was Commercial Director for Delacroix – Chevalier, where he refined the commercial strategy for the company’s activities outside of its home market, France, and restructured the business to better meet the needs of its customers and distribution partners. He has also held a key leadership role as Managing Director, at Tava Surgical and led the business unit’s equity carve-out from Brasseler USA until its acquisition 5 years later.  

 

About IRRAS

IRRAS AB is a global healthcare company focused on delivering innovative medical technologies to our customers and their patients. IRRAS designs, develops and commercializes products that improve patient outcomes and decrease the overall cost of care by addressing complications associated with current treatment methods in neurocritical care. IRRAS markets and sells its products to hospitals worldwide through its direct sales organizations in the U.S. and select European countries and a network of distribution partners in other markets. 

IRRAS maintains its headquarters in Stockholm, Sweden, with corporate offices in Munich, Germany, and San Diego, California, USA. For more information, please visit www.irras.com. 

IRRAS AB (publ) is listed on Nasdaq First North Premier Growth Market (ticker: IRRAS). Redeye AB is certified adviser of the company with email certifiedadviser@redeye.se or phone 08-121 576 90.
  

For more information, please contact:

USA
Kleanthis G. Xanthopoulos, Ph.D.
President and CEO
ir@irras.com

Europe
Sabina Berlin
CFO
+46 73 951 95 02
sabina.berlin@irras.com

 

The information was released for public disclosure, through the agency of the contact person above, on November 11, 2019 at 8.00 a.m. (CET).

On Thursday November 14, at 04.00 p.m. CET IRRAS will host a conference call and an online presentation of its Q3 2019 interim report (which will have been published earlier on the 14^th at 08.00 a.m. CET). The presentation will be held in English.

The dial-in numbers for the conference call are:

Sweden: +46 8 50 55 83 54

Rest of the world: +44 33 33 00 92 74

The presentation will be webcast and can be accessed from the following web address: https://financialhearings.com/event/11742

Speakers: President CEO Kleanthis G. Xanthopoulos, Ph.D., CCO Will Martin and CFO Sabina Berlin

About IRRAS

IRRAS AB is a global healthcare company focused on delivering innovative medical technologies to our customers and their patients. IRRAS designs, develops and commercializes products that improve patient outcomes and decrease the overall cost of care by addressing complications associated with current treatment methods in neurocritical care. IRRAS currently markets and sells its IRRAflow and Hummingbird product lines to hospitals worldwide through its direct sales organizations in the U.S. and select European countries and a network of distribution partners in other markets. 

IRRAS maintains its headquarters in Stockholm, Sweden, with corporate offices in Munich, Germany, and San Diego, California, USA. For more information, please visit www.irras.com.

IRRAS AB (publ) is listed on Nasdaq First North Premier Growth Market (ticker: IRRAS). Redeye AB is Certified Adviser of the company with email certifiedadviser@redeye.se or phone +46 8 121 576 90.

For more information, please contact:

USA
Kleanthis G. Xanthopoulos, Ph.D.
President and CEO
ir@irras.com 

Europa
Sabina Berlin
CFO
+46 73 951 9502
sabina.berlin@irras.com

The information was released for public disclosure, through the agency of the contact person above, on October 31, 2019 at 8:00 a.m. (CET).

Stockholm, October 19, 2019 – IRRAS, a global healthcare company with a comprehensive portfolio of innovative products for neurocritical care, announced today that it will be participating at the 69th Congress of Neurological Surgeons’ Annual Meeting (CNS 2019). CNS 2019 is being held at the Moscone Center, West Building, in San Francisco, CA on October 19-23, 2019.

The CNS Annual Meeting is a well-respected, highly attended conference that brings together neurosurgeons and related healthcare professionals from around the world.

IRRAS will be partnering with the Congress of Neurological Surgeons and participating in an all-day symposium focused on neurotrauma, which will be a practical update for neurosurgeons taking neurotrauma call. The symposium will include a product demonstration station, where IRRAflow®, the world’s first irrigating ventricular drainage system, and the Hummingbird Neuromonitoring product line will be showcased. Details are provided below.

Neurotrauma Update Symposium
Title: “SYM 11: Neurotrauma Update”
Date/Time: Sunday, October 20th at 8:00 am
Location: Moscone Center, Room 3022

“Having the opportunity to partner with the Congress of Neurological Surgeons at this year’s meeting is an exciting next step as we continue to strengthen our position and become a leader in the neurocritical care market,” said Will Martin, Chief Commercial Officer of IRRAS. “We welcome the CNS 2019 meeting attendees to visit our IRRAS booth to learn more about our cutting-edge technologies.”

About IRRAS

IRRAS AB is a global healthcare company focused on delivering innovative medical technologies to our customers and their patients. IRRAS designs, develops and commercializes products that improve patient outcomes and decrease the overall cost of care by addressing complications associated with current treatment methods in neurocritical care. IRRAS markets and sells its products to hospitals worldwide through its direct sales organizations in the U.S. and select European countries and a network of distribution partners in other markets.  

IRRAS maintains its headquarters in Stockholm, Sweden, with corporate offices in Munich, Germany, and San Diego, California, USA. For more information, please visit www.irras.com.

IRRAS AB (publ) is listed on Nasdaq First North Premier Growth Market in Stockholm, Sweden (ticker: IRRAS). Redeye AB is certified adviser of the company with email certifiedadviser@redeye.se or phone +46 8 121 576 90.
  

For more information, please contact:

USA
Kleanthis G. Xanthopoulos, Ph.D.
President and CEO
ir@irras.com

Europe
Sabina Berlin
CFO
+46 73 951 95 02
sabina.berlin@irras.com

The information was released for public disclosure, through the agency of the contact person above, on October 18, 2019 at 9:30 p.m. (CET).

 Release

-Company is co-hosting a Breakfast Symposium with the Neurocritical Care Society-

Stockholm, October 15, 2019 – IRRAS, a global healthcare company with a comprehensive portfolio of innovative products for neurocritical care, announced today its presence at the 17thNeurocritical Care Society’s annual meeting, being held at the Vancouver Convention Centre, in Vancouver, British Columbia, Canada, on October 15-18, 2019.

IRRAS will be co-hosting a breakfast symposium with the Neurocritical Care Society that will address innovation in the sector with industry-leading key opinion leaders. Details are provided below.

IRRAS’ Breakfast Symposium with Neurocritical Care Society
Title: “Bringing Needed Innovation to Neurocritical Care”
Date/Time: Thursday, October 17that 7:40 am
Location: Vancouver Convention Centre, Room 212-214

Conference attendees are encouraged to visit IRRAS’ booth #221 to learn more about IRRAflow®, the world’s first irrigating ventricular drainage system, as well as the Hummingbird Neuromonitoring product line.

For more information on this event, please visit the Media and Events tab on the IRRAS website at irras.com.

About IRRAS

IRRAS AB is a global healthcare company focused on delivering innovative medical technologies to our customers and their patients. IRRAS designs, develops and commercializes products that improve patient outcomes and decrease the overall cost of care by addressing complications associated with current treatment methods in neurocritical care. IRRAS markets and sells its products to hospitals worldwide through its direct sales organizations in the U.S. and select European countries and a network of distribution partners in other markets.  

IRRAS maintains its headquarters in Stockholm, Sweden, with corporate offices in Munich, Germany, and San Diego, California, USA. For more information, please visit www.irras.com. 

IRRAS AB (publ) is listed on Nasdaq First North Premier Growth Market in Stockholm, Sweden (ticker: IRRAS). Redeye AB is certified adviser of the company with email certifiedadviser@redeye.se or phone +46 8 121 576 90.
  

For more information, please contact:

USA
Kleanthis G. Xanthopoulos, Ph.D.
President and CEO
ir@irras.com

Europe
Sabina Berlin
CFO
+46 73 951 95 02
sabina.berlin@irras.com

    
The information was released for public disclosure, through the agency of the contact person above, on October 15, 2019 at 3:00 p.m. (CET).

 Press release (PDF)