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

le annual market of approximately 900,000 patients is both rare and exciting," said Mr. Hagan. "The Barricaid® device has the potential to substantially reduce cases of recurrent herniation and back pain associated with failed discectomy -- an outcome that could result in a multi-billion dollar economic benefit in the U.S. alone.  I'm thrilled to join Intrinsic as we bring this revolutionary device into new global markets."

"After performing approximately 1000 implantations since inception, the Intrinsic team has demonstrated that the Barricaid device offers patients a compelling new therapy for anular repair," said NEA General Partner Ryan Drant, who serves on Intrinsic's board of directors. "We look forward to continuing to support both Cary and Greg as they continue to grow our business and strive to improve clinical outcomes for the hundreds of thousands of patients with lumbar disc herniations."

About Intrinsic Therapeutics, Inc.

Intrinsic Therapeutics, Inc., based in Woburn, MA, is a medical device company focused on developing innovative therapies that address the spine market's many unmet clinical needs. The company's first product, Barricaid, is a revolutionary spinal implant that was developed to treat patients undergoing surgery for herniated lumbar discs.

For more information please contact:
Scott LeBlanc - Director of Finance
Intrinsic Therapeutics, Inc.
IR@in-thera.com
+1 (781) 932-0222


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SOURCE Intrinsic Therapeutics, Inc.
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