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:6/24/2016)... PUNE, India , June 24, 2016 ... "Pen Needles Market by Type (Standard Pen Needles, Safety ... 12mm), Therapy (Insulin, GLP-1, Growth Hormone), Mode of Purchase ... published by MarketsandMarkets, This report studies the market for ... is expected to reach USD 2.81 Billion by 2021 ...
(Date:6/23/2016)... 2016 Research and Markets has announced ... Forecast to 2022" report to their offering. ... the patients with kidney failure, it replaces the function of ... patient,s blood and thus the treatment helps to keep the ... balance. Increasing number of ESRD patients & ...
(Date:6/23/2016)... -- Research and Markets has announced the addition ... - Forecast to 2022" report to their offering. ... to date financial data derived from varied research sources to ... potential impact on the market during the next five years, ... of sub markets, regional and country level analysis. The report ...
Breaking Medicine Technology:
(Date:6/27/2016)... , ... June 27, 2016 , ... "FCPX editors can ... inside of Final Cut Pro X," said Christina Austin - CEO of Pixel Film ... Final Cut Pro X users can now reveal the media of their ...
(Date:6/27/2016)... , ... June 27, 2016 , ... ... edge technology to revolutionize the emergency ambulance transport experience for the millions of ... of how Uber has disrupted the taxi industry through the use of technology. ...
(Date:6/26/2016)... ... June 26, 2016 , ... On June 10-11, 2016, A Forever Recovery, ... Festival and World’s Longest Breakfast Table in Battle Creek, MI, where the rehabilitation facility ... home to some of the world’s leading providers of cereal and other breakfast foods. ...
(Date:6/26/2016)... ... ... Kasmer, a legally blind and certified personal trainer is helping to develop a weight loss ... plans to fix the two major problems leading the fitness industry today:, ... , They don’t eliminate all the reasons people quit their exercise program ...
(Date:6/25/2016)... ... 2016 , ... Austin residents seeking Mohs surgery services, can now turn to ... Dr. Russell Peckham for medical and surgical dermatology. , Dr. Dorsey brings specialization to ... fellowship in Mohs Micrographic Surgery completed by Dr. Dorsey was under the direction of ...
Breaking Medicine News(10 mins):