Innoblative Designs last week named former Lumicell chief executive Kelly Londy as its new CEO. Apart from her two-year stint at the Lumicell helm, Londy was COO at Accuray (NSDQ:ARAY) and worked at GE Healthcare and Philips Healthcare. “Innoblative’s Sira RF ablation device offers unique capabilities that address shortcomings in the current advanced energy surgical market,” […]
Former commissioners, health groups back Sharpless for FDA chief
A group of former FDA commissioners and a coterie of health groups are backing acting FDA commissioner Dr. Ned Sharpless over other names said to be in consideration for the job. Sharpless, who led the National Cancer Institute until taking on the acting commissioner role in March, succeeded Dr. Scott Gottlieb in April. By June […]
Orchestra BioMed wins CE Mark for BackBeat hypertension neurostim, names CMO
Orchestra BioMed said yesterday that it received the CE Mark for its Moderato implantable pulse generator system for BackBeat cardiac neuromodulation therapy (CNT), just nine days after naming a new chief medical officer. BackBeat therapy is a bioelectronic treatment designed to lower blood pressure while modulating the autonomic nervous system. The Moderato implantable device is […]
Robocath adds $5.5m for R-One robotic stenting platform, taps Goffart as new CEO
Robocath said today that it raised nearly $6 million for the release of its robotic system in European target markets and tapped Boston Scientific (NYSE:BSX) veteran Lucien Goffart to be its new CEO. Rouen, France-based Robocath said it plans to use the $5.5 million (€5 million) in new funds to lay the groundwork for its R-One […]
Dynatronics promotes COO Baker to replace von Jako as CEO | Personnel Moves, August 30, 2019
After deciding this week that its CEO needs to be based in Eagan, Minn., and with chief executive Chris von Jako unwilling to relocate his family, Dynatronics (NSDQ:DYNT) promoted COO Brian Baker to the corner office, effective August 28. “After thoughtful consideration, the board of directors determined that the company’s CEO needs to be based in […]
Here’s how Omar Ishrak transformed Medtronic into the world’s largest medtech operation
Omar Ishrak used a series of M&A moves and focus on global markets and value-based care to transform Medtronic (NYSE:MDT) into the world’s largest medical device business in less than a decade. Ishrak is preparing to retire from the corner office next year ahead of the medtech giant’s mandatory retirement age, to be replaced by […]
BREAKING: Martha to succeed Ishrak as Medtronic CEO
Medtronic (NYSE:MDT) said today that executive vice president Geoff Martha is slated to succeed Omar Ishrak as CEO next year, ahead of the medtech giant’s mandatory retirement age. Ishrak is slated to assume the newly created executive chairman role April 27, 2020, the Fridley, Minn.-based company said, providing “counsel and guidance to Medtronic’s leadership, oversee […]
EBR Systems adds $30m, ex-Ceterix CEO McCutcheon
EBR Systems said today that it raised a $30 million funding round and tapped ex-Ceterix Orthopaedics CEO John McCutcheon to be its new chief executive. The Sunnyvale, Calif.-based company is developing the Wise wireless pacemaker, designed to use a subcutaneous generator to wirelessly deliver ultrasound energy to a “pellet” implanted in the right ventricle to […]
FDA lures Vyaire exec Desai for CTO | Personnel Moves, August 23, 2019
The FDA lured former Vyaire Medical executive Vid Desai to take over as permanent CTO, according to Politico. Desai replaces acting CTO Mohammed Sohail Chaudhry, who’s held the role on an interim basis since 2015. Ebb Therapeutics puts Röösli in the corner office Insomnia device maker Ebb Therapeutics said yesterday that it put Eduard Röösli […]
Appeals court upholds Medtronic win in wrongful termination suit
A federal appeals court yesterday upheld a win for Medtronic (NYSE:MDT) in a wrongful termination lawsuit brought by an employee who alleged that he was fired because of his morbid obesity. Jose Valtierra weighed more than 300 pounds when he was hired as a facility maintenance technician in 2004; by the time he was fired […]
Judge approves $160k settlement between ex-Sientra CEO Zeini, SEC
A California federal judge last week approved a settlement between former Sientra (NSDQ:SIEN) CEO Hani Zeini and the U.S. Securities & Exchange Commission, ordering him to pay a $160,000 fine and barring him from working at publicly traded companies for five years for his alleged scheme to hide a problem at the company that led to […]
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