Inotec AMD Appoints Gordie Nye as Chairman Amid £26m Injection
Portfolio - People | Jan 23, 2025 | Business Cloud
Inotec AMD, a healthcare technology company specializing in advanced wound care through continuous topical oxygen therapy, recently appointed Gordie Nye as Chairman of its Board. This strategic appointment follows a successful £26 million Series C funding round aimed at securing national reimbursement for NATROX O in the United States. Gordie Nye brings a wealth of experience from his previous leadership roles in healthcare technology firms, with plans to enhance the company's impact and innovation in advanced wound care. The appointment underscores Inotec AMD's commitment to expanding its leadership with world-class expertise, reflecting a broader strategy to transform advanced wound care and patient outcomes.
Sectors
- HealthTech
- Venture Capital
Geography
- United Kingdom – Inotec AMD is based in Cambridge, UK, marking the primary location of the company involved in the article.
- United States – The funding aims to secure national reimbursement for NATROX O in the United States, demonstrating strategic business interests in expanding operations across the US healthcare market.
Industry
- HealthTech – Inotec AMD operates within the HealthTech industry, focusing on innovative healthcare solutions such as advanced wound care technologies.
- Venture Capital – The article mentions a £26 million Series C investment that indicates participation from venture capital firms in supporting Inotec AMD's growth and international reimbursement strategies.
Financials
- £26,000,000 – The amount of Series C investment received by Inotec AMD to support its US market goals and leadership expansion.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Inotec AMD | Target Company | Company | A HealthTech company specializing in advanced wound care therapies using continuous topical oxygen. |
| Gordie Nye | Chairman | Person | Recently appointed Chairman of the Board at Inotec AMD, bringing significant experience in healthcare and technology. |
| Craig Kennedy | CEO | Person | Chief Executive Officer of Inotec AMD overseeing the company's strategic direction. |