Monday Moves [4/23/12]

Ximedica Appoints Randall S. Barko New President and Chief Executive Officer

Ximedica (Providence, RI), a provider of product development services to medical device makers has announced that it has named Randall S. Barko to serve as the company’s President & Chief Executive Officer. Barko succeeds Stephen Lane, Ximedica’s founding Chief Executive Officer. Lane will assume the role of Chairman and Chief Venture Officer focusing on adjacent growth opportunities. Barko has served an executive advisor to Ximedica for the past three years and currently serves on the Board of Directors of several privately owned companies and is involved with several private equity and venture capital groups.
 
Source: MarketWatch 

John Tighe Appointed as CEO of ZipLine

Former Peak Surgical CEO has been unveiled as the new CEO of ZipLine Medical (Campbell, CA), a medical device company that is developing a platform technology called PRELOC™ for noninvasive surgical skin closure designed to provide a suture- like outcome with the speed of staples. Prior to being recruited to ZipLine Medical, Mr. Tighe was a Director and President and CEO of PEAK Surgical, joining the company as its first employee in June 2006. In July 2011, he negotiated the acquisition of PEAK Surgical by Medtronic. Mr. Tighe was responsible for establishing clinical development and sales of PEAK’s novel radio frequency technology in a variety of surgical specialties, including General Surgery, ENT, Orthopedics, and Plastic Surgery.
 
Source: Medlatest
 

TriVascular Appoints New CEO

TriVascular Inc. (Santa Rosa, CA), a medical device company focused on endovascular aortic repair, has appointed Christopher G. Chavez as chairman, CEO and president. Former CEO Michael V. Chobotov, Ph.D., now will serve as chief technology officer and will continue to serve on the board of directors.

Chavez is formerly the president of the neuromodulation division of St. Jude Medical, a position he took after St. Jude acquired Advanced Neuromodulation Systems in 2005, where he had served as CEO, president and director for 14 years. Prior to that he worked for 17 years at Johnson & Johnson, most recently as vice president and general manager of the worldwide infection prevention business. Chavez previously has held positions as chairman of the Medical Device Manufacturers Association, chairman of the Dallas/Fort Worth Health Industry Council, and as a board member of Advanced Medical Optics Inc., which was acquired by Abbott Laboratories in 2009.  

 
Source: TriVascular
 

Innovative Trauma Care Names Philip W. Faris Executive Chairman of the Board of Directors

Innovative Trauma Care (ITC) (Edmonton, Alberta, Canada), an early stage medical device company focused on developing and marketing point of injury services to the first responder, military and trauma markets, has named Philip W. Faris Executive Chairman of the Board of Directors. Faris will be providing leadership and guidance as ITC prepares to launch its first product, the ITClamp, a device designed to control bleeding n massive hemorrhage situations, in late 2012.
Faris has a distinguished track record of building market-leading companies in emerging medical markets and has successfully performed as CEO for over three decades in start-up, early stage, and high-growth organizations including ProSavant International, Vidacare Corporation, VidiMedix Corporation, Trestle Corporation, Diatek Corporation and many other medical device, biotechnology and health care companies.
 
Source: MarketWatch

Asante Solutions Appoints New CEO, VP Operations

Asante Solutions Inc. (Sunnyvale, CA a medical device company focused on diabetes care, has added David Thrower as president and chief executive officer, and Eric Steuben as vice president of operations. Former President and Chief Executive Officer Phil Hopper will remain as a special advisor and board member.
David Thrower held previous roles as chief executive officer of InSound Medical, a manufacturer of a disruptive hearing aid system that was acquired by Sonova Holding AG, and vice president of global sales and marketing at Align Technology, Inc., a global medical device company that pioneered the invisible orthodontics market. Eric Steuben has led the manufacturing, engineering, and operations teams at Align Technology and MicroDental Laboratories. He started his career in engineering, marketing, regulatory affairs and quality assurance at Varian Medical, a medical device manufacturer focused on the treatment of cancer.
 
Source: MarketWatch
 

genae Appoints Chief Medical Officer

genae (Cleveland, OH), a leading Contract Research Organization (CRO) and services provider for the medical device industries, has announced that Catalina Trana, MD, has been appointed chief medical officer. In this role, Dr. Trana will be responsible for all clinical, safety, and risk management related to genae's research services. Dr. Trana holds the position of cardiology specialist at the interventional cardiology department of the Centre Hospitalier Universitaire Vaudois (CHUV) in Lausanne, Switzerland. She was a fellow at the Cardiovascular Center Aalst, OLVZ, Aalst, Belgium and worked and trained at the interventional cardiology department and cardiovascular surgical department of the Cardiovascular Center in Iasi, Romania; and at the Catholic University of Leuven, Belgium. Her scientific and research work is illustrated by peer-reviewed publications and presentations during international congresses and symposia.
 
Source: PRNewswire
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