Advanced Osteotomy Tools AG appoints Cyrill Bätscher as Chief Executive Officer

Basel, May 14, 2018
Cyrill Bätscher (48) is the new CEO of Advanced Osteotomy Tools AG (AOT), Basel. As of today, he takes over from Founder/CEO Dr. Alfredo E. Bruno (65), who has reached retirement age but continues at AOT in a scientific leadership role and will stand for election to the Board of Directors. Thus, the management team leading AOT continues to consist of the same four members: Cyrill Bätscher (CEO), Alfredo E. Bruno (CSO), Andreas Meschberger (CQM) and Daniel Kronberger (CFO).
AOT is the first company worldwide to develop a surgical robotic system (CARLO®), to cut bone by “cold” photoablation with laser, leaving bone structures intact and vital.
Dr. Erich Platzer, chairman of the Board, is very pleased about the organic management transition: «Cyrill Bätscher is a very seasoned MedTech industry manager. Over the last years, he convinced the board of his leadership qualities and will now oversee the transition of AOT through regulatory certifications and into the commercial phase. Dr. Alfredo E. Bruno will reduce his time commitment but continues to provide his expert laser knowhow to AOT as its CSO; I want to thank him in the name of the board and shareholders for leading the creation of tremendous value in AOT to this advanced stage».
Before taking over as CEO, Cyrill Bätscher had joined AOT as COO in October 2015, taking responsibility for administration, marketing & sales, and project management. He holds an MBA from the State University of New York, Albany (USA), a BBA from the Graduate School for Business Administration in Zurich (Switzerland), and a degree in Mechanical Engineering from the University of Applied Sciences of Northwestern Switzerland in Muttenz. Mr. Bätscher has extensive management experience in MedTech (Stratec Medical, Synthes, Johnson & Johnson) as well as metalworking and consumer goods industries (Ringele AG, DoetschGrether AG).
«I am looking with confidence to the new challenges ahead and am especially pleased that I can actively contribute in the crucial phase of certification and market development», said Bätscher.
«I think this is the right management change at the right time, and I am very happy to focus as a CSO on new laser technologies for our CARLO® system, which we expect to help revolutionize bone surgery», added Dr. Bruno.

About AOT
AOT is the first company worldwide that cuts bone with lasers. The company has developed a technology to reinvent bone surgery by means of robot-assisted «cold» photoablation. The product of the start-up company that is located in Basel, Switzerland, is called CARLO®. Currently, the firm is preparing to start clinical trials.
CARLO® stands for «Cold Ablation Robot-guided Laser Osteotome». «Cold» ablation describes the approach to ablate bone layer after layer with the help of a laser. In contrast, in conventional surgical procedures bones are cut in one go, creating microstructural damage, heat and debris. The advantage of the newly developed method is that the bone does not overheat and the microstructure remains intact and viable, enabling better vascularization and quicker healing.
To accomplish this, the laser is mounted on a tactile robotic-arm that was designed specifically for medical use. The device allows the surgeon to perform osteotomies with unprecedented precision, and in freely-defined, curved and functional sectional patient-specific configurations, which are not achievable with conventional instruments.

For more information, please visit www.aot.swiss or contact Ms. Rebecca Finck via Email: info@aot.swiss or phone +41 (0)61 201 10 10.
Advanced Osteotomy Tools AG
Wallstrasse 6 ▪ 4051 Basel ▪ Switzerland