Navigation Links
Cheetah Medical Announces New Management Team

NEWTON, Mass., June 4, 2013 /PRNewswire/ -- Cheetah Medical Inc., which developed and markets NICOM®, the revolutionary Non-invasive Hemodynamic Monitoring System, today announced the appointment of Chris Hutchison as President and CEO and William T. Denman , MBChB, FRCA as Chief Medical Officer.  Concurrently, the Company announced the completion of a $14.5 million financing with a prestigious group of investors including Springfield Investments, Ascension Health Ventures, MVM Life Science Partners and Robert Bosch Venture Capital.

The proceeds will be used to accelerate commercialization of NICOM in the U.S. and internationally.  NICOM is currently deployed for Goal Directed Fluid Management in over 100 hospitals in the U.S. and is widely used in OUS markets.

Mr. Hutchison has spent over 25 years in the medical device industry and has extensive general management experience, including commercializing early stage technologies in the U.S., Europe and Emerging Markets.  Prior to Cheetah he spent seven years with Covidien where he served as a General Manager in the Respiratory & Monitoring Systems and Vascular Therapies divisions.  Prior to joining Covidien, Mr. Hutchison was a U.S. Divisional President at Smiths Medical.

"There is a real need in many hospital settings for early, accurate and non-invasive hemodynamic information to better inform clinical decision making.  Since it is noninvasive, NICOM is easy and quick to deploy in critical care settings and eliminates many risks associated with older invasive methods.  He continued, "We believe that NICOM improves patient outcomes, and drives favorable healthcare economics, both of which are key considerations in the current healthcare environment."

"I am pleased to have "Pepper" Denman as our Chief Medical Officer.  He has had a distinguished career as a clinician specializing in anesthesiology, as a researcher, as an Assistant Professor at the Harvard Medical School, and was a healthcare executive for over nine years with Covidien and GE Healthcare.  He has a broad knowledge of fluid management and the critical role that it plays in patient care.

About Cheetah Medical
Cheetah Medical's NICOM Noninvasive Hemodynamic Monitoring System is based on the Company's patented and proprietary BIOREACTANCE® technology.  Clinicians use the NICOM for noninvasive, Goal Directed Fluid Management in critical and non-critical clinical environments.  NICOM is FDA cleared and has received a CE Mark.

Founded in 2000, Cheetah medical is privately held and is headquartered in Vancouver, WA.  For more information about Cheetah Medical, please visit our website at Contact: Media Contact:Jim Wagner

Steve Sandler(617) 947-8946

(508) 358-7206 ext.

SOURCE Cheetah Medical Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. seca Launches the seca mBCA 514 - medical Body Composition Analyzer
2. Kettering Medical Center Acquires Elektas Versa HD Radiotherapy System
3. Solta Medical Announces Isolaz 2 Acne System
4. Pioneering Medical Technology Company, Optivus Proton Therapy, Inc., Celebrates 20th Anniversary
5. Cantel Medical Corp. To Hold Conference Call To Discuss Results for Its Third Quarter Ended April 30, 2013
6. Vanda to Present Tasimelteon Non-24 Phase III Data at Two Medical Meetings
7. CCS Medical Announces Enhanced Product Formulary
8. ViewRays Chief Medical Officer Honored by American Society for Radiation Oncology (ASTRO)
9. Hair Restoration Center Announces New Female Medical Hair Restoration
10. Kite Pharma Appoints Keith Nolop, M.D. Chief Medical Officer
11. Medical Device & Implants, LLC to exhibit at MD&M East 2013
Post Your Comments:
(Date:11/25/2015)... 2015  The total global healthcare industry is expected to ... Latin America has the highest projected growth ... Japan ), is second with growth projected at ... increased healthcare expenditure. In 2013-2014, total government funded healthcare was ... 2008-2009 to 41.2% in 2013-2014. In real terms, out of ...
(Date:11/25/2015)... WASHINGTON , Nov. 25, 2015  The ... Obstetricians and Gynecologists (ACOG), and the March of ... bipartisan Protecting Our Infants Act of 2015 ... the number of newborns born exposed to drugs, ... Since the bill,s introduction, all three organizations have ...
(Date:11/25/2015)... AAIPharma Services Corp./Cambridge Major Laboratories, Inc. ... $15.8  Million to expand its laboratories and global ... The expansion will provide additional office space and ... of the pharmaceutical and biotechnology markets. ... up to 40,000 square feet of expanded development ...
Breaking Medicine Technology:
(Date:11/25/2015)... ... 25, 2015 , ... As part of a global movement ... volunteers together who want to combine talents and resources to help create sustainable ... process. The non-profit launched its first major fundraiser on November 6, 2015 at ...
(Date:11/25/2015)... ... November 25, 2015 , ... Medical Solutions, one of ... its stellar workplace culture with the company’s Cincinnati office being named a finalist ... office was named a finalist in Cincinnati Business Courier’s 13th annual Greater Cincinnati ...
(Date:11/25/2015)... (PRWEB) , ... November 26, 2015 , ... ... Union Commission (AUC), European Union (EU), ANDI Pan African Centres of Excellence, and ... Office in Nairobi (UNON) for the opening of the 5th African Network for ...
(Date:11/25/2015)... CA (PRWEB) , ... November 25, 2015 , ... According ... Vinci surgical robot is being more and more widely heralded as a breakthrough for ... da Vinci method has over traditional laparoscopic surgery is that it can greatly reduce ...
(Date:11/25/2015)... ... , ... On November 25, 2015, officials of Narconon Arrowhead , the ... of a new cutting edge recovery program that has been 50 years in the ... alcohol-addicted individuals with the purpose to free addicts from the symptoms and negative behaviors ...
Breaking Medicine News(10 mins):