AP NEWS

TransMed7, LLC Announces Appointment of Dr. John Simpson as Strategic Advisor to Its Board of Directors

July 30, 2018

PORTOLA VALLEY, Calif.--(BUSINESS WIRE)--Jul 30, 2018--TransMed7, LLC is delighted to announce the appointment of John B. Simpson, Ph.D., M.D., as Strategic Advisor to the TransMed7 Board of Directors. “Dr. Simpson’s remarkable history of clinical excellence, innovation, scientific achievement, and entrepreneurial expertise immediately expands TransMed7’s strategic options for rapid development and deployment of our upcoming transformational cardiovascular intervention technologies, including our Corsair and Mustang CV/PAD devices, into the market,” said Eugene H. Vetter, TransMed7’s Co-Founder and CEO. “In addition to the obvious business and clinical advantages he brings to TransMed7, we value even more his deep caring nature as a human being. His outlook and guidance will push us even harder to make all of our new technologies available as soon as possible.”

Dr. Simpson received his B.S. in Agriculture from Ohio State University and his M.S. and Ph.D. degrees in Biomedical Science from the University of Texas at Houston. He received his M.D. from the Duke University School of Medicine and completed a fellowship in interventional cardiology at Stanford University. A noted clinician, scientist, and serial entrepreneur, Dr. Simpson is widely recognized as developing the over-the-wire balloon angioplasty catheter. This invention was one of the landmark events leading to the broader application of a percutaneous approach for interventional cardiology techniques in the area of coronary and peripheral revascularization. This device was the foundation of a company called Advanced Cardiovascular Systems, Inc., in 1978 and was the first of a series of inventions by Dr. Simpson that have helped so many patients afflicted with coronary artery disease.

Dr. Simpson is a Professor of Clinical Medicine at Stanford University. He served as a Staff Cardiologist at Sequoia Hospital in Redwood City, California since 1981. He has published extensively on a wide variety of topics pertaining to interventional cardiology and has been an invited speaker throughout the world. He has been honored with the Andreas Greuntzig Award from the European Cardiology Society, the Duke University Alumni Award, the Lifetime Achievement Award from the Trans-Catheter Therapeutics Conference, and the Distinguished Alumnus for the University of Texas Graduate School of Biomedical Sciences at Houston.

Over the course of his renowned career, Dr. Simpson has founded and successfully handed off several companies including Advanced Cardiovascular Systems and Devices for Vascular Intervention, both acquired by Eli Lilly; Cardiovascular Imaging Systems, acquired by Boston Scientific; Perclose, sold to Abbott; Lumend, acquired by Cordis; and Fox Hollow, acquired by ev3 and which is now part of Medtronic. Most recently, he founded Avinger, Inc. in 2007 and served as its Chief Executive Officer through 2014 and as Executive Chairman from December, 2014 through 2017.

According to Dr. James W. Vetter, TransMed7 Co-Founder and Chairman, “Dr. Simpson is universally recognized as a true pioneer and visionary in the field of interventional cardiology including percutaneous coronary and peripheral vascular treatments. His innovations continue to be responsible for saving the lives of literally millions of patients around the world each year. While he is clearly one of the most successful serial entrepreneurs in the medical device industry, his primary motivation continues first and foremost to be, to make a positive difference in patient’s lives. All of this is consistent with TransMed7’s prime objective of improving each patient’s treatment, care, and quality of life through practical translation of new capabilities and concepts into our pipeline of transformational devices.”

About TransMed7, LLC

TransMed7, LLC is a medical and technology-based organization focused on the highly efficient development of innovative, minimally-invasive medical devices aimed at providing new solutions for doctors and their patients. With particular expertise in oncologic, regenerative, and cardiovascular disease, TransMed7 and its team of clinicians, scientists, and engineers have developed a portfolio of next-generation platform devices that are expected to be market leaders in their targeted fields of medicine. TransMed7 accomplishes this through application of a wholly new approach in its business plan and structure, enabling these new transformational technologies from rapid development through commercial manufacturing or where appropriate, handoff to our Strategic Partners. For more information about TransMed7, please visit our website at www.transmed7.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180730005237/en/

CONTACT: TransMed7, LLC

Jonathan J. Coyne

Vice President Administration

jcoyne@transmed7.com

www.transmed7.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: HEALTH CARDIOLOGY MEDICAL DEVICES ONCOLOGY

SOURCE: TransMed7, LLC

Copyright Business Wire 2018.

PUB: 07/30/2018 05:00 AM/DISC: 07/30/2018 05:00 AM

http://www.businesswire.com/news/home/20180730005237/en

AP RADIO
Update hourly