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Intrinsic Therapeutics, Inc. Names Cary P. Hagan as President & CEO
Date:9/20/2011

WOBURN, Mass., Sept. 20, 2011 /PRNewswire/ -- Intrinsic Therapeutics, a medical device company focused on developing therapies to address the spine market's many unmet needs, today announced that Cary Hagan has been appointed President and Chief Executive Officer. Mr. Hagan brings over 20 years of experience in the orthopedic implant field with significant expertise in product development, commercialization and global marketing strategy. Greg Lambrecht, Founder and Board Member of Intrinsic, is actively continuing at the company as Executive Director.

"Cary's proven success in bringing new technologies to the global market makes him an ideal choice to lead Intrinsic's next stage of growth as we expand our international clinical and commercial activity," said Mr. Lambrecht. "I look forward to working closely with him to continue to improve the outcomes of the most frequently performed spinal procedures with our innovative Barricaid® anular closure products and extend our operations to new markets."

Mr. Hagan joins Intrinsic from Wright Medical, where he was most recently Senior Vice President, Commercial Operations, Europe, Middle East and Africa.  He began his career at Wright Medical in 1989 and advanced through a series of sales and marketing positions with increasing responsibility.  As Product Manager and then Senior Director of Biologics, Mr. Hagan was pivotal in the rapid growth of Wrights Orthobiologics program from "point zero" to market segment leader.  Later as Vice President Marketing, Global OrthoRecon, he oversaw a turnaround in Wright's Hip and Knee growth rates to roughly two times the industry average.  Mr. Hagan's most recent experience as Sr. Vice President, Commercial Operations for Europe, Middle-East and Africa, gave him full management and P&L responsibility for Wright's EMEA operations.

"The opportunity to engineer and execute a global market-creation strategy in an untouched addressab
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SOURCE Intrinsic Therapeutics, Inc.
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