Access Scientific Reunites Core Venetec Team.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- The core management team from Venetec International has reunited at Access Scientific, Inc. to launch The Wand[R] family of Micro-Access Safety Introducers. The Wand combines all components of the Modified Seldinger Technique The Seldinger technique is a medical procedure to obtain safe access to blood vessels and other hollow organs. It is named after Dr. Sven-Ivar Seldinger (1921-1998), a Swedish radiologist from Mora, Dalarna County, who introduced the procedure in 1953. into a unitary device designed for faster, safer, simpler over-wire vascular access vascular access Clinical medicine The ability to enter the vascular system; the ease with which the vascular system can be entered for administering therapy or obtaining blood for testing . With built-in passive needlestick safety and patient-safety features such as the "fast flash," self-aspirating technology, The Wand enables clinicians to perform the Accelerated Seldinger Technique - the ultimate refinement in vascular access technology. The Access Scientific management team encompasses: * Steve Bierman, M.D., CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Bierman is a veteran of more than 15 years in the medical device marketplace. He founded Venetec International and invented the company's industry-leading StatLock[R] line of catheter stabilization devices. Venetec was sold to CR Bard, Inc. in 2006, for $166 million. * Bill Bold, President. As Venetec's Senior Vice President, Sales, Bold grew the company's sales from $3 million per year to more than $30 million in less than four years. Previously, Bold held executive positions at C.R. Bard/Davol and Medibuy.com. He brings with him 25 years of selling and leadership expertise, as well as extensive relationships with customers in the medical industry and among end-users. * Richard Pluth is COO of the Access management team and will head up operations. In addition, Pluth is working closely with Dr. Bierman to design the various Wand iterations. Pluth formerly served as Venetec's Vice President of Operations, successfully launching from one to three products per quarter for five years in succession. * Morten Vigeland, CFO See Chief Financial Officer. . Vigeland was corporate controller at Venetec during its biggest growth period. He has more than a decade of financial management experience in venture-capital-backed life sciences companies. He played an important role in Venetec's sale to C.R. Bard. In his prior tenure at Applied Molecular Evolutions, Inc., Vigeland helped manage the company's July 2000 initial public offering, which had more than $100 million in gross proceeds. * Albert Misajon, Vice President Regulatory Affairs and Quality Assurance. Misajon held this identical position at Venetec, where he successfully ushered the company through FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. field inspections, ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. certifications, and quality inspections from numerous OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and device companies. Prior to joining Access Scientific, he constructed and implemented a quality/regulatory system for a highly technical medical device company in Irvine, Calif. He has 30 years of medical device experience. The Wand is currently in development phase and has not yet received FDA 510(k) clearance. Access Scientific expects to introduce its first product, the Micro Access Wand, in fall 2008. At least two additional products, the PICC PICC Peripherally-inserted central catheter Critical care An IV catheter inserted in the superior vena cava for long-term infusion of bolus or continuous delivery of therapeutics or TPN–drugs, fluids, nutrients, chemotherapy. Cf Catheter. Wand and the PIV PIV Particle Image Velocimetry PIV Personal Identity Verification (FIPS 201) PIV Pentium 4 PIV Peak Inverse Voltage PIV Personal Identification Verification PIV Post Indicator Valve (firefighting) Wand, will be launched in 2009. About Access Scientific Access Scientific is dedicated to providing a safer standard of over-wire vascular access by commercializing its proprietary Wand technology. Designed to provide the fastest, safest, simplest over-wire catheter insertion, The Wand enables clinicians to perform the Accelerated Seldinger Technique. The total market opportunity for the company's products is estimated to be more than $2.5 billion worldwide. ASI's team of seasoned device-company veterans is focused on improving patient safety through the combination of superb design/engineering and exacting quality assurance. The Wand was developed by the same team that made StatLock[R] catheter stabilization devices the worldwide standard for patient safety. For further information on the company, go to www.the-wand.com, or call 858-259-8333. |
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