MassDevice

The Medical Device Business Journal — Medical Device News & Articles | MassDevice

Home » Tengion CEO Nichtberger resigns | MassDevice.com Personnel Moves

Tengion CEO Nichtberger resigns | MassDevice.com Personnel Moves

By

Tengion

Tengion Inc. (NSDQ:TNGN) chief scientific officer Timothy Bertram will handle CEO duties while the company searches for a new top executive following the June 30 resignation of Dr. Steven Nichtberger.

No reason was given for the resignation. The East Norriton, Pa.-based regenerative medicine company said Nichtberger’s departure "is not the result of a disagreement with the company" in securities filings. A search for a replacement is under way, chairman David Scheer said in prepared remarks.

Bertram, also Tengion’s executive vice president of science & technology and leader of its research & development operation, is a veteran of Pfizer Inc. (NYSE:PFE) and SmithKline Beecham, according to a filing with the federal Securities & Exchange Commission.

In a separate release, Tengion said it named Dr. Diane Jorkasky, a senior vice president at Endo Pharmaceuticals (NSDQ:ENDP), to its board of directors. Brenda Gavin, a managing partner at Quaker BioVentures, is stepping down from the board after five years, according to the release.

In April, Medtronic Inc. (NYSE:MDT) revealed a 17 percent stake and a right of first refusal to purchase other Tengion technology.

MassDevice.com Personnel Moves

Read about more Personnel Moves on MassDevice.com

Sonosite taps Asia-Pacific, Middle East VP
SonoSite Inc. (NSDQ:SONO) named Mehran Mehrtash vice president and GM of Asia Pacific and the Middle East. Mehrtash is a 10-year veteran of wound therapy maker ConvaTec Inc., according to SonoSite.
Read more

Welch Allyn names new India manager
Welch Allyn named Anil Dass country manager for its business in India, reporting to regional sales director Francis Sim. Dass was the national sales manager for a Chinese manufacturer of patient monitors, ventilators and operating tables and lights, following a stint as a northern region sales manager for an Indian medical distribution company.
Read more

Unilife adds three to management team
Unilife Corp. (NSDQ:UNIS) named three executives to its management team: Dr. Jack Kelley III as vice president of strategic marketing, Michael Ratigan as vice president of commercial development and Ian Hanson as director of advanced drug delivery systems. The company also announced the finalization of a $10 million equipment financing deal with Varilease Finance Inc.
Read more

McGorry named Accellent’s sales & marketing EVP
Contract manufacturer Accellent Inc. named James McGorry executive vice president of sales & marketing, effective August 29.
Read more

TearScience appoints Diethart Reichardt European SVP
TearScience Inc. appointed Diethart Reichardt as senior vice president of the European region, including Europe, Middle East and Africa. Reichardt will be responsible for sales, marketing, operations and customer service teams and a distributor network in the EMEA region, as well as a distributor network in Africa and the Middle East.
Read more

InSite Vision appoints Dr. Brian Levy to board
InSite Vision Incorporated (OTC:INSV) named Dr. Brian Levy, chief scientific officer at Nexis Vision, to its board of directors.
Read more

InspireMD elects two to board
InspireMD Inc. (OTC:NSPR) elected a pair of new board members: Osiris Partners managing member Paul Stuka and Eyal Weinstein, a certified public accountant and former executive of several Israeli firms sold to larger companies.
Read more

Material from MedCity News was used in this report.

In case you missed it

RSS From Medical Design & Outsourcing

  • The most innovative medical device of 2020
    Abbott (NYSE:ABT) announced today that it received the 2020 Prix Galien USA Award for Best Medical Technology for its MitraClip system. MitraClip, Abbott Park, Ill.-based Abbott’s minimally invasive transcatheter mitral valve repair (TMVR) system, was chosen from a field of 17 other nominees, according to a news release. MitraClip is delivered to the heart through a… […]
  • Medtech employees favor Biden in last stretch of presidential campaign fundraising
    Former Vice President Joe Biden is outraising incumbent President Donald Trump nearly 3-to-1 among medtech employees and their families, according to a Medical Design & Outsourcing analysis of OpenSecrets.org data. Check out our breakdown covering 25 of the largest companies. Medtech companies’ employees and their families have donated more than $1.3 million to Biden, versus… […]
  • 6 early medical devices that might make your spine tingle
    Medical Design & Outsourcing has made an annual effort during “spooky season” to shed light on some early medical devices and innovations and the museums that hold them, but this year is a bit different. Last year, we visited the Earl Bakken Museum’s backroom to get a look at early medical devices. A few years… […]
  • Integer reports mixed results in Q3
    Integer Holdings (NYSE:ITGR) today reported third-quarter earnings that beat the Wall Street consensus forecast on earnings — but not on revenue. The Plano, Texas–based medical device contract manufacturing giant reported profits of $30.3 million, or 92¢ per share, off sales of $236 million for the quarter ended Oct. 2, 2020, for steady bottom-line and a top-line… […]
  • Dunlee replacement CT tubes win FDA clearance
    Dunlee this week announced that its DA200P40+LMB CT replacement tube received FDA clearance. The replacement CT tubes feature CoolGlide technology and is an alternative to liquid metal bearing replacement CT tubes for GE Revolution Evo and Optima 660 CT scanners. Liquid metal bearing in CT tubes doesn’t create friction, which results in less wear, according… […]
  • Cadence adds Class 8 cleanroom at Virginia HQ
    Contract manufacturer Cadence announced the addition of an ISO Class 8 cleanroom at its headquarters located in Staunton, Va. The new cleanroom will be used for the development and manufacturing of novel medical devices. “We are excited about expanding the capabilities at our Virginia facility,” said Cadence operations VP Chris McHugh in a news release.… […]
  • Medidata acquires MC10’s digital biomarker business
    Medidata announced that it has acquired the digital biomarker business of MC10 to help integrate data from wearable sensors — including clinical-grade metrics — so customers may make clinical trials virtual. MC10’s offerings will bring novel clinical analytics and biosensor capabilities to Medidata’s existing patient cloud solutions in ePRO (patient-reported outcomes), eCOA (clinical outcome assessments)… […]
  • What drugmakers need to know about analytical testing for drug-device combinations
    Pharmaceutical manufacturers need to understand the compatibility and performance of the primary packaging system with both the drug and its delivery system. Jennifer Riter, West Pharmaceutical As more pharmaceutical manufacturers develop combination products, they identify new and complex interactions among packaging components and delivery systems. Understanding this interplay is critical to developing a successful drug-device… […]
  • TE Connectivity beats The Street on lower Q4 sales
    TE Connectivity (NYSE:TEL) today reported its healthcare sales were down by $16 million for the fourth quarter of its 2020 fiscal year. Schaffhausen, Switzerland-based TE Connectivity reported overall sales of $3.261 billion for the quarter ended Sept. 25, 2020, down 8.7% from the same quarter one year ago. Adjusted to exclude one-time items, earnings per share… […]
  • 3M slightly down despite Street-beating Q3
    3M (NYSE:MMM) shares took a slight dip today on third-quarter results that finished ahead of the consensus forecast. The St. Paul, Minn.-based company posted profits of $1.4 billion, or $2.43 per share, on sales of $8.4 billion for the three months ended Sept. 30, 2020, for a -10.7% bottom-line slide on sales growth of 4.5%. Adjusted… […]
  • Dynocardia lands spot in Dassault Systèmes startup accelerator
    Medtech startup Dynocardia, which is developing a continuous, non-invasive blood pressure (BP) measuring device, announced today that it has been selected for the Dassault Systèmes 3DExperience Lab accelerator program. Participation in the accelerator could help Dynocardia expedite the development of its ViTrack technology, which the company touts as a solution to problems stemming from inaccurate,… […]

Leave a Reply