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Active Implants(TM) Corporation Announces Funding Milestone and Creation of Board and Management Team.


MEMPHIS Memphis, city, ancient Egypt
Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo.
, Tenn. -- Active Implants Corporation (AIC AIC Association des Infermières Canadiennes. ), an early intervention ear·ly intervention
n. Abbr. EI
A process of assessment and therapy provided to children, especially those younger than age 6, to facilitate normal cognitive and emotional development and to prevent developmental disability or delay.
 orthopedic company, today announced it has raised $4 million in initial funding and has established an experienced executive management team and Board of Directors.

Active Implants Corporation has a strong and extensive IP portfolio, and is focusing its resources on developing minimal invasive, earlier-in-life implant solutions that do not exist today. "Through the use of pliable-structured materials and innovative designs, AIC plans to introduce a new generation of resilient implants for the joints and spine," said President and Chief Executive Officer Stephen Bradshaw, a former Dow Corning Dow Corning is a multinational corporation headquartered in Midland, Michigan, USA. Dow Corning specializes in silicon and silicone-based technology, offering more than 7,000 products and services. Dow Corning is equally owned by The Dow Chemical Company and Corning, Inc.  and Becton Dickenson executive. "The introduction of our products is expected to create a new, earlier-in-life implant option for patients who are not being served successfully today."

The company's first products are expected to enter clinical trials later this year. A seasoned team of orthopedic professionals will lead the Memphis-based company.

Amiram Steinberg is a founder, Chairman of the board and key inventor behind the robust intellectual property estate owned by AIC. Also a founder, President and Chief Executive Officer, Bradshaw has more than 25 years' experience in orthopedics and the health care industry. Lawrence S. Kluge (jargon) kluge - /klooj/, /kluhj/ (From German "klug" /kloog/ - clever and Scottish "kludge") 1. A Rube Goldberg (or Heath Robinson) device, whether in hardware or software.  is a founder and the company's Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
. Kluge previously founded the LifeCare Corporation and served as US President of AlloPro AG. Howard D. Fox is a founder and Executive Vice President of AIC. Fox was an Advance Biopharmaceuticals executive and principal owner of S.L.S. Sales Consultants. Dennis Long is Chief Financial Officer, a former executive at Dow Corning Wright and Scienco. Noam Weissberg is Vice President of Development and Engineering and the Managing Director of the AIC-Israel subsidiary. Weissberg has 25 years experience in the aerospace and orthopedic medical devices industries.

In addition to Steinberg and Bradshaw, the Board of Directors includes Michael M. Lewis, MD, Jack R. Blair, Robert T. Rylee, James D. Lackie and Hadar Steinberg. Dr. Lewis is Senior Vice President and Chief Medical Officer of Priority Healthcare Corporation and former Chairman of Orthopedics and Chief of Staff at Mount Sinai Medical Center in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
. Blair is formerly Group President - North America and main board director for Smith & Nephew plc and is currently Chairman of dj Orthopaedics. Hadar Steinberg is a physicist working on condensed matter physics con·densed matter physics
n.
See solid-state physics.



condensed matter physics  

The scientific study of the properties of solids, liquids, and other forms of matter in which atoms or particles adhere to
 at the Weizman Institute. Rylee is the past owner and President of Wright Manufacturing Company and corporate VP and Chairman of Dow Corning's Health Care Businesses. Lackie is President of a commodities trading firm based in Memphis, Lackie Trading, Inc.

For more information on Active Implants Corporation call 901-762-0352.
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Publication:Business Wire
Date:Jul 18, 2005
Words:427
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