Synergia raises €8.1 million in Series A - Seite 2

Commenting on the successful financing, Attila Borbath, Chief Executive Officer of Synergia, said: "The support and endorsement of these leading investors demonstrates the potential for Synergia to make a significant difference to patients with its pioneering technologies. This financing enables us to grow our team, progress the NAOS system through further testing before filing for CE marking, and prepare for further clinical studies for regulatory approvals in the US. We welcome the support of our new and existing investors and look forward to the contribution that Guy and Pierre will make to the Board."

Reinhard Krickl, Chairman of Synergia's Board of Directors, added: "Synergia's team is an engineering power house and it has developed some truly game-changing technologies that could form the base of a new generation of neurostimulation devices. The impressive developments to-date and ongoing research give us a great deal of confidence in what can be achieved in the next few years with this new funding.

"I'd like to thank the team for what they have achieved already; Jacques van Rijckevorsel on his departure from the Board and Jean-Jacques Verdickt as he transitions out of his role as Chairman for their significant contributions to the creation of this company and technology, and we welcome Guy and Pierre to the Board."

Alain Parthoens, Managing Partner of Newton Biocapital, commented: "Synergia's innovative solution to the growing global challenge of epilepsy management has the very real potential to be a market disrupting technology. The impressive team has not only already contributed significantly to this market with previous technologies, but has also pioneered world leading technologies in the NAOS system that have significant potential in stimulation beyond epilepsy. We're very pleased to be able to support this dynamic business at this transformative time and look forward to future success."

ENDS

Contacts:

Synergia Medical
Attila Borbath, Chief Executive Officer
[phone]
[e-mail]

Consilium Strategic Communications
Amber Fennell, Ivar Milligan
[phone]
[e-mail]

About Synergia Medical
Founded in 2013 by Pascal Doguet and Attila Borbath, Synergia Medical is a pioneer in opto-electronics developing transformational medical devices for neurostimulation. Its lead product, NAOS, is a next-generation, small-form, MRI-safe, implanted neurostimulation device for drug-resistant epilepsy, with a range of further therapeutic applications. Synergia's highly experienced management and advisory teams are leading experts in neurostimulation technologies and opto-electronics. www.synergia-medical.com