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Nyxoah Appoints Christoph Eigenmann as Chief Commercial Officer

Key Takeaway: Nyxoah SA has appointed Christoph Eigenmann as its Chief Commercial Officer, effective May 10, 2023. Eigenmann, who has over 20 years of experience in medical technologies, will be responsible for overseeing global commercial activities, sales, and marketing. His background includes significant roles at Johnson & Johnson, where he led orthopedic and neuro businesses. The appointment is seen as a strategic move as Nyxoah prepares to expand its operations, particularly in the U.S. market with its Genio system for treating Obstructive Sleep Apnea.

Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of Christoph Eigenmann as Chief Commercial Officer is viewed positively.
  • Christoph brings over 20 years of experience in medical technologies.
  • Nyxoah is expanding its commercial presence in the U.S. market.
  • The director's experience aligns well with Nyxoah's growth ambitions.

Full Press Release Details

Nyxoah Appoints Christoph
Eigenmann as Chief Commercial Officer
Nyxoah Appoints Christoph
Eigenmann as Chief Commercial Officer
Mont-Saint-Guibert, Belgium
- May 10, 2023, 10:05pm CET / 4:05pm ET - Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) ("Nyxoah" or the "Company"),
a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea
(OSA), today announced the appointment of Christoph Eigenmann as Chief Commercial Officer. Christoph will oversee commercial activities
globally, be responsible for sales and marketing in existing markets, and new market development.
Christoph brings a wealth of
experience in medical technologies to Nyxoah. He spent over 20 years with Johnson & Johnson (J&J), where he oversaw commercial
organizations in various geographies in Europe and the United States. He has extensive experience in managing orthopedic and neuro businesses
in the German, Swiss and U.S. markets, including as Senior Vice President, Sales & Marketing for J&J's close to $1B U.S.
Spine franchise, and has led regional functions across EMEA and North America. Christoph holds a master's degree in chemical engineering
and biotechnology from the Swiss Federal Institute of Technology in Lausanne, Switzerland.
"We are excited to have
Christoph join Nyxoah as we embark on our next phase of growth. Christoph's years of experience in commercializing medical devices globally
will be invaluable as Nyxoah prepares to enter the U.S. market and expands its commercial presence internationally," commented
Olivier Taelman, Nyxoah Chief Executive Officer.
"I am thrilled to be
joining Nyxoah at this critical and exciting time. Hypoglossal nerve stimulation is a large and highly under-penetrated market, and Nyxoah's
novel approach provides a highly differentiated solution for patients, clinicians, and healthcare systems. I look forward to applying
my long tenure of commercializing medical devices in the U.S. to ensuring Genio becomes a standard of care in OSA treatment," added
Nyxoah is a medical technology
company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah's
lead solution is the Genio system, a patient-centered, leadless and battery-free hypoglossal neurostimulation therapy for OSA, the
world's most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities.
Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.
Following the successful completion
of the BLAST OSA study, the Genio system received its European CE Mark in 2019. Following the positive outcomes of the BETTER SLEEP
study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients,
currently contraindicated in competitors' therapy. Additionally, the Company is currently conducting the DREAM IDE pivotal study
for FDA and U.S. commercialization approval.
For more information, please visit http://www.nyxoah.com/.
since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.
David DeMartino, Chief Strategy Officer
CCO Appointment FINAL

Frequently Asked Questions

Who was appointed as Chief Commercial Officer at Nyxoah?

Christoph Eigenmann has been appointed as Chief Commercial Officer at Nyxoah.

What experience does Christoph Eigenmann bring to Nyxoah?

Christoph has over 20 years of experience in medical technologies, particularly with J&J.

What is the main focus of Nyxoah?

Nyxoah specializes in innovative solutions to treat Obstructive Sleep Apnea (OSA).

What is Nyxoah's lead solution for OSA?

The Genio system, a leadless, battery-free neurostimulation therapy, is Nyxoah's lead solution.

What is the current U.S. approval status of the Genio system?

The Genio system is under investigation for FDA approval through the DREAM IDE study.

Last updated: May 10, 2023