RCS - Crystal Amber Fund - Morphic Medical Inc. appoints new CFO

Crystal Amber FundAnnouncement

15/09/2025 07:00

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RNS Number : 3025Z  Crystal Amber Fund Limited  15 September 2025

REACH - a non-regulatory announcement

15 September 2025

 

Crystal Amber Fund Limited

("Crystal Amber Fund", the "Company" or the "Fund")

 

Morphic Medical Inc. appoints new Chief Financial Officer

 

The Board of Crystal Amber Fund is pleased to see the announcement by Morphic
Medical Inc. ("Morphic Medical"), the medical device company that has
pioneered minimally invasive treatments of obesity and cardiometabolic
disorders in which it owns 96.7% of the issued share capital, that it has
appointed Jane Wright as its Chief Financial Officer.

 

Jane is a qualified accountant with over 30 years of experience including
several senior financial and operational positions in international medical
device companies, navigating complex regulatory environments and driving
strategic growth and operational efficiency.

 

Prior to joining Morphic Medical, she served as Finance & Operations
Director at Apollo Endosurgery,  a specialist in endoluminal surgery (ELS)
procedures which was acquired by Boston Scientific Corporation in 2022.

 

Jane's arrival follows the appointment of Mike Gutteridge as Chief Executive
Officer in July and marks the latest milestone for the Morphic Medical
business.

 

Following recent CE Mark certification and commercial registration by the UK's
MHRA, RESET® is cleared for sale across key European markets, including
Germany where rollout has already begun. In her new role, Wright will play a
key role in shaping the company's long-term financial strategy and supporting
its continued growth.

 

Research presented to the IFSO World Congress of obesity experts this month
has shown that RESET® delivers substantial and durable benefits, with
patients losing an average of 18.9% of their total body weight, while also
improving blood sugar control.

 

Christopher Waldron, Chairman of Crystal Amber, commented: "We are pleased to
see Morphic Medical strengthening its executive team as the momentum within
the business continues to build."

 

 

For further enquiries please contact:

 

Crystal Amber Fund Limited

Chris Waldron (Chairman)

Tel: 01481 742 742

www.crystalamber.com (http://www.crystalamber.com)

 

Allenby Capital Limited - Nominated Adviser

Jeremy Porter/ Dan Dearden-Williams

Tel: 020 3328 5656

 

Winterflood Investment Trusts - Broker

Joe Winkley/Neil Langford

Tel: 020 3100 0160

 

Crystal Amber Advisers (UK) LLP - Investment Adviser

Richard Bernstein

Tel: 020 7478 9080

 

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