Most people are brought into the medical device industry because of a passion for a specific disease or a personal connection to a condition that’s had an impact on his or her life.
For Jim Peterson, the CEO and founder of CeQur, that motivation was right inside his own house. His daughter was diagnosed with Type I diabetes at 3 years old.
"I lived diabetes through her for many years," Peterson told us about his daughter, who is now in her 20s. Following his tenure as CEO of Haemonetics (NYSE:HAE), Peterson made diabetes his mission, founding CeQur in January 2008 after many years of working with research institutes such as Joslin Diabetes Center.
The Massachusetts-based medical device company is developing 1 of the only insulin infusion pumps for the Type II diabetic population.
Peterson sat down with MassDevice.com for a podcast interview to discuss this mission, the PAQ technology the company has developed and the personal mission behind CeQur in helping patients overcome the "struggle of day-to-day living" with Type II diabetes.