Personnel Moves
UPDATE: Court cuts Biolase board, marketing VP under fire
*Updated March 25, 2014 at 10 a.m. Eastern with comment from Biolase sales & marketing vice president Brian Jaffe.
Co-founder’s son takes over Imaging Dx Systems following SEC settlement with wife
NinePoint Medical lands $34M for high-res organ imaging
Massachusetts-based NinePoint Medical Imaging closed a $34 million Series B funding round, the company announced today.
NinePoint plans to use the funds to support ongoing U.S. commercial efforts for its NvisionVLE system, which provides high-res, endoscopic imaging of organs and tissues. The system can provide cross-sectional, volumetric views of organs, including tissues below the surface, the company said.
LifeScience Alley looks within as president & CEO Wahlstrom announces retirement
LifeScience Alley president & CEO Dale Wahlstrom is stepping down from his post after 10 years, making way for organization insider Shaye Mandle.
DJO Global taps ex-Life Technologies exec for CFO role
DJO Global said it hired a new CFO, Susan Crawford, formerly of Life Technologies.
Crawford replaces Vickie Capps, who left DJO late last year "to pursue other business opportunities," the company said at the time.
Medtech personnel moves for the week of Mar. 17, 2014
InVivo Therapeutics sues ex-CEO Reynolds
InVivo Therapeutics (OTC:NVIV) said it’s suing former CEO Frank Reynolds, who stepped down last year citing health reasons, alleging that he ran up $500,000 worth of "personal and/or exorbitant expenses."
Hologic CFO steps down, new COO steps in and SVPs step up
IsoRay mourns death of vice-chair Robert Kauffman | Personnel Moves
Radiation therapy devices maker IsoRay (AMEX:ISR) announced the sudden death of company vice-chairman Robert Kauffman, who passed away on March 7.
Kauffman had been with the company since 2005 and was named vice-chairman in 2008. IsoRay is looking to fill the hole he left behind, but there are no immediate nominations or arrangements, according to an IsoRay regulatory filing.
No women, no one over 40: Former employee accuses Minn. medtech firm of hiring bias
Minnesota-based PMT Medical came under fire after a former employee accused leadership of implementing discriminatory hiring practices that excluded women and candidates over the age of 40.