AxoGen, Inc. Appoints Kaila Krum Vice President, Investor Relations and Corporate Development

ALACHUA, Fla., June 04, 2018 (GLOBE NEWSWIRE) -- AxoGen, Inc. (NASDAQ:AXGN), a global leader in developing and marketing innovative surgical solutions for peripheral nerves, today announced the appointment of Kaila Krum to the newly created position of Vice President, Investor Relations and Corporate Development, effective immediately. In this new role she will support and advance AxoGen’s investor relations program, focused on educating the financial community about the company’s platform for nerve repair, strategic growth plans, and business execution. Krum will report directly to Peter J. Mariani, Chief Financial Officer. Krum previously served as Equity Research Analyst, Medical Technology for William Blair & Company.

“We are excited to welcome Kaila to the team,” commented Mariani. “Kaila has distinguished herself as an insightful and respected analyst in the med tech community and brings significant knowledge of our peripheral nerve market, as well as our business performance and growth strategies. We look forward to her contributions to the company and our shareholders as we continue to create and develop our expanding platform for nerve repair.”

Krum’s career advanced quickly at William Blair where she built a brand of differentiated use and tracking of social media, and was known for her tireless pursuit and production of advanced research. She has been a trusted advisor to her many clients, and was named “Rising Star of Wall Street Research” by Institutional Investor in 2017.  

“AxoGen represents a truly unique opportunity to build a new platform for nerve repair across an expanding set of applications for patients with debilitating nerve damage,” said Krum. “I am excited for the opportunity to contribute as AxoGen continues to drive growth in its current markets and charts a course in important new applications.”

About AxoGen
AxoGen (AXGN) is the leading company focused specifically on the science, development and commercialization of technologies for peripheral nerve regeneration and repair. We are passionate about helping to restore peripheral nerve function and quality of life to patients with physical damage or discontinuity to peripheral nerves by providing innovative, clinically proven and economically effective repair solutions for surgeons and health care providers. Peripheral nerves provide the pathways for both motor and sensory signals throughout the body. Every day, people suffer traumatic injuries or undergo surgical procedures that impact the function of their peripheral nerves. Physical damage to a peripheral nerve, or the inability to properly reconnect peripheral nerves, can result in the loss of muscle or organ function, the loss of sensory feeling, or the initiation of pain.

AxoGen's platform for peripheral nerve repair features a comprehensive portfolio of products, including Avance® Nerve Graft, an off-the-shelf processed human nerve allograft for bridging severed peripheral nerves without the comorbidities associated with a second surgical site, AxoGuard® Nerve Connector, a porcine submucosa extracellular matrix (ECM) coaptation aid for tensionless repair of severed peripheral nerves, AxoGuard® Nerve Protector, a porcine submucosa ECM product used to wrap and protect damaged peripheral nerves and reinforce the nerve reconstruction while preventing soft tissue attachments, and Avive® Soft Tissue Membrane, a minimally processed human umbilical cord membrane that may be used as a resorbable soft tissue covering to separate tissue layers and modulate inflammation in the surgical bed. Along with these core surgical products, AxoGen also offers AcroVal® Neurosensory & Motor Testing System and AxoTouch® Two-Point Discriminator. These evaluation and measurement tools assist health care professionals in detecting changes in sensation, assessing return of sensory, grip, and pinch function, evaluating effective treatment interventions, and providing feedback to patients on peripheral nerve function. The AxoGen portfolio of products is available in the United States, Canada, the United Kingdom, and several other European and international countries.

Cautionary Statements Concerning Forward-Looking Statements
This Press Release contains “forward-looking” statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or predictions of future conditions, events, or results based on various assumptions and management's estimates of trends and economic factors in the markets in which we are active, as well as our business plans. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “projects,” “forecasts,” “continue,” “may,” “should,” “will,” and variations of such words and similar expressions are intended to identify such forward-looking statements. The forward-looking statements may include, without limitation, statements regarding our assessment on our internal control over financial reporting, our growth, our 2018 guidance, product development, product potential, financial performance, sales growth, product adoption, market awareness of our products, data validation, our visibility at and sponsorship of conferences and educational events. The forward-looking statements are subject to risks and uncertainties, which may cause results to differ materially from those set forth in the statements. Forward-looking statements in this release should be evaluated together with the many uncertainties that affect AxoGen's business and its market, particularly those discussed in the risk factors and cautionary statements in AxoGen's filings with the Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and actual results may differ materially from those projected. The forward-looking statements are representative only as of the date they are made and, except as required by law, AxoGen assumes no responsibility to update any forward-looking statements, whether as a result of new information, future events, or otherwise.

AxoGen, Inc.
Peter J. Mariani, Chief Financial Officer

Solebury Trout – Investor Relations                                              
Brian Korb

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Source: AxoGen, Inc.