Navigation Links
NDI Brings on Industry Veteran Mark Stultz to Head Up New Minneapolis Office
Date:12/1/2011

CLEVELAND, Dec. 1, 2011 /PRNewswire-USNewswire/ -- NDI, a leading venture capital and neurodevice commercialization company has opened a Minneapolis, Minnesota office, a third major location in addition to its Cleveland, Ohio headquarters and North Carolina Research Triangle facility. The Minneapolis office will be run by medical device industry veteran Mark Stultz, NDI's recently hired Vice President for Market Development.

(Photo: http://photos.prnewswire.com/prnh/20111201/DC13950)

(Logo: http://photos.prnewswire.com/prnh/20110131/DC38962LOGO)

"Much of Mark's past 25 years of work has involved global market development for implantable product lines, with much of that time spent specifically in neuromodulation for such companies as Medtronic, Nevro, Advanced Bionics and EnteroMedics, said Geoff Thrope, NDI's CEO, founder and president. "We look forward to Mark heading our Minneapolis office and helping us to market our growing platform of innovative neurodevice technologies."

Over the past decade, NDI's team of neurodevice entrepreneurs, scientists and professionals has developed products to restore lost neurological function, prevent damage, and reduce the effects of disease and injury.  In April 2008, NDI sold its MEDSTIM urinary incontinence system to Medtronic for $42 million. 

Since then, the company has raised an additional $15 million in private equity and another $7 million in grants and loans from the State of Ohio's Third Frontier Program and the NIH. 

NDI invests these funds in its unique platform of technologies, pipeline of commercialization opportunities, and portfolio companies, including Checkpoint Surgical and SPR™ Therapeutics. Checkpoint Surgical provides physicians with proprietary medical devices to locate, evaluate, preserve and restore nerves and muscles in surgical procedures for better patient outcomes. SPR™ Therapeutics is developing patented nerve stimulation products for treating chronic pain.

"I'm thrilled to be joining the team at NDI  and working closely with Checkpoint Surgical and SPR™ Therapeutics as we launch and market new products and therapies in the U.S. and internationally," said Mark Stultz.

Prior to his career in medical device market development, Mr. Stultz completed graduate studies in Human Factors Engineering and Ergonomics and earned a Bachelor's degree in Physical Therapy at the University of Wisconsin. He also worked clinically as a sports medicine and orthopedic physical therapist.

About NDI Medical
Founded in 2002, NDI is a leading venture capital and commercialization firm that focuses on innovative neurodevice technologies to address significant unmet health conditions, improve patients' lives and provide significant returns to investors. NDI is headquartered in Cleveland, Ohio with locations in North Carolina's Research Triangle and Minneapolis, Minnesota. For more information, visit www.ndimedical.com


'/>"/>
SOURCE NDI
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Daiichi Sankyo, Inc. Brings the Legacy of Washington, DC Cherry Trees to New Jersey
2. Mondo Guerra of "Project Runway" Brings National HIV Education Campaign to Philadelphia to Co-Host the Regions Largest HIV/AIDS Public Awareness and Fundraising Event
3. Engredea Alliance With Innovadex Brings iPad Technology and Smarter, Greener Customer Connections to the Trade Show Floor
4. Trinity Pharma Solutions Brings SaaS Benefits to Life Sciences Industry with Rapid Access to Actionable Sales Intelligence
5. Product Profiles: Systemic Lupus Erythematosus - Benlysta approval brings lessons and hope to market
6. ORBIS Internationals Flying Eye Hospital Brings Sight Saving Skills and Technology to Ulaanbaatar, Mongolia
7. Therapeutic Area Essentials "Class of 2011" Brings Current Disease State Training to Pharma
8. Perceptive Informatics Brings More Efficiency to Clinical Development Process With SaaS-Based CTMS Solution
9. The Premier Basketball League Brings on Key Health Industry Sponsorship for 2012
10. UBM Canons Pharmalot Brings Together a Virtual Panel of Experts to Discuss the Procurement Experience
11. BioStorage Technologies, Inc. Brings Together Industry Leaders to Discuss Future Trends and Challenges of Global Biobanking Community
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/2/2017)... , Aug. 2, 2017 ... Who,s Who as a Pinnacle Lifetime Professional in ... Key Account Manager at Turing Pharmaceuticals, AG. Her ... troubleshooting and relationship building.                ... more than 25 years of experience as a ...
(Date:8/1/2017)... 2017   CerSci Therapeutics , a non-opioid drug ... , has received notice from the National Institute on ... (NIH) that it has been awarded a Direct-to-Phase II ... in 2017 with an additional $1,000,000 to follow in ... application of their lead non-opioid drug candidate CT-044 to ...
(Date:7/28/2017)... July 28, 2017 Hill-Rom Holdings, Inc. ("Hill-Rom") ... third quarter ended June 30, 2017, and updated its ... For the fiscal third quarter, Hill-Rom ... $0.68 per diluted share in the prior-year period. These ... $0.39 per diluted share primarily related to the non-cash ...
Breaking Medicine Technology:
(Date:8/16/2017)... ... 2017 , ... An August 3rd article on Reuters covers a new University of ... JAMA (the Journal of the American Medical Association). The study found that a lower percentage ... 30, when compared to patients with lower BMIs. At present, weight loss patients must have ...
(Date:8/16/2017)... ... August 16, 2017 , ... The Data Council, the leading ... was acquired by Advantage Solutions. The Data Council’s IX-ONE platform is the ... industry’s leading suppliers, brokers, distributors and retailers. The Data Council will become a ...
(Date:8/16/2017)... ... August 16, 2017 , ... In ... They celebrate 30 years in business this year, and they’re marking the milestone ... space to serve their patients. , It stands to reason that, given ...
(Date:8/16/2017)... ... August 16, 2017 , ... Modern Consulting Insurance & ... program. Partnering once again with Boys & Girls Clubs of Greater Kansas City, ... area’s very own American Idol. With all proceeds benefitting local worthy causes, donations ...
(Date:8/16/2017)... ... ... Paul Vitenas, MD, FACS , is honored to announce that he ... the nation’s top physicians, in a variety of specialties. This marks the fourth year ... Connolly’s coveted ranking. , Castle Connolly is the nation’s trusted provider of information on ...
Breaking Medicine News(10 mins):