Healthcare Industry News: S.A.
News Release - July 30, 2014
invendo medical Appoints Nachum (Homi) Shamir to the Company's Board of Directors
Key addition to board to strengthen invendo's U.S. footprintNEW YORK and KISSING, Germany, July 30, 2014 -- (Healthcare Sales & Marketing Network) -- invendo medical GmbH, manufacturer and distributor of a single use and computer-assisted ("robotic") colonoscopy system, today announced the appointment of Nachum (Homi) S.A.ir, a worldwide recognized medical device executive, aS.A.new member of its supervisory board.
Mr. S.A.ir iS.A.highly respected global visionary in the medical device industry. In his most recent assignment he served as President and Chief Executive Officer at Given Imaging Ltd. (NAS.A./TASE: GIVN), the pioneer in capsule endoscopy technology which revolutionized the way gastroenterologists diagnose and monitor diS.A.es of the GI tract through the development and marketing of a game-changing diagnostic tool in the form of S.A.l capsule cameras (PillCam). Given Imaging waS.A.quired by Covidien plc (COV) in February 2014 in a transaction valued at approximately $1 billion. Under Mr. S.A.ir's tenure Given Imaging has grown revenues from $ 85 million annually to close to $200 million and achieved significant profitability based on diversified GI product portfolioS.A.d a globalized commercial footprint.
Mr. S.A.ir replaces Mr. Sidney Braginsky, former President of OlympuS.A.erica Inc., who retired from the board. Furthermore Stefan Fischer, General Partner and CFO of TVM Capital replaced Dr. Axel Polack.
Timo Hercegfi, CEO of invendo medical, commented, "Following our first system inS.A.lations in the U.S. invendo iS.A. an exciting time of its company life. We are planning to have a significant impact on colon cancer screening in the US with our computer assisted invendoscope as well aS.A.ditional single-use endoscopes to be added to the invendo product portfolio. In light of recent public discussionS.A.out the outbreak of an antibiotic-resiS.A.t superbug in Illinois, which was traced to contaminated GI endoscopes - although reprocessing S.A.dard operating procedures had been adhered to - we are certainly at the right place at the right time with our single-use colonoscopy solution. Homi S.A.ir iS.A.highly professional individual with an outS.A.ding track record of generating commercial success. I am convinced that he will give uS.A.major boost in creating value for our customers, patients opting for invendoscopy, payerS.A.d last but not least our S.A.eholders."
Given Imaging was the second successful exit for Mr. S.A.ir who previously sold Scitex Digital Printing Ltd. in 2004 to Eastman Kodak for $ 262 million. Prior to joining Given Imaging Ltd. Mr. S.A.ir served as Corporate Vice President of the Eastman Kodak Company and as the President of Eastman Kodak's Transaction and Industrial Solutions Group. From June 2003 to January 2004, Mr. S.A.ir served as the President and Chief Executive Officer of Scitex Corporation, a NAS.A. listed company, following service in various roles in Scitex and itS.A.filiates from 1993. Before joining Scitex Mr. S.A.ir held senior management positionS.A. various international high tech companies mainly in the AS.A.Pacific region. Mr. S.A.ir holdS.A.B.Sc from the Hebrew University of Jerusalem and an M.P.A. from Harvard University.
About the invendoscopy™ system
The invendoscope™ SC20 has several features that are new to the field of colonoscopy:
- it iS.A.single-use colonoscope with a working channel
- it is not pushed or pulled, but useS.A.computer-assisted ("robotic") gentle drive technology
- all endoscopic functionS.A.e performed using a handheld device and
- it reduces forces on the colon wall
invendo medical iS.A.so developing further single-use GI endoscopes based on its unique technology platform.
About invendo medical - www.invendo-medical.com
Based in New York, U.S.A. and Kissing (near Munich), Germany, invendo medical iS.A.leading developer of disposable endoscopy products in the field of gastroenterology that are hygienically safe and employ "robotic" computer-assisted, gentle advancement technology.
Source: invendo medical
Issuer of this News Release is solely responsible for its
content.
Please address inquiries directly to the issuing company.
FindReps: Screen and connect with Medical Sales Rep candidates (Direct Reps and Independents) – anonymously, in real time.
RepJobs: Job Opportunities for Direct Sales Reps and New Product Lines for Independents!