INSIGHTEC will change the face of medicine and open a new therapeutic horizon that will benefit millions of patients," said Dr. Ferré.
INSIGHTEC Secures $59 Million in Equity Financing and Appoints Maurice R. Ferré, M.D., as Executive Chairman of the Board
TIRAT CARMEL, Israel, December 15, 2014 /PRNewswire/ --
INSIGHTEC announced today that it closed on a $59 Million Series D financing led by major institutional investors in the United States and Asia.
Dr. Maurice R. Ferré, a seasoned medical device executive, will join the INSIGHTEC leadership team as its newly appointed Executive Chairman of the Board of Directors. Dr. Ferré comes with over 20 years of experience in the medical device field. Dr. Ferré most recently served as CEO and Chairman of MAKO Surgical Corp, a transformational robotic surgical company that he co-founded in 2004, IPO'd in 2008 and recently sold to Stryker Corp. for $1.65 billion in late 2013.
"I am very excited to be part of the Company transforming the way surgery is being performed. INSIGHTEC is at the forefront of the global shift towards non-invasive surgery that has the potential to improve patient outcomes, reduce morbidity and trauma while also reducing cost. The $59 million round of financing assures that INSIGHTEC's impressive series of technological breakthroughs will continue. I am impressed that the Company just completed enrollment of an FDA pivotal study for the neurosurgical application of Essential Tremors. INSIGHTEC will change the face of medicine and open a new therapeutic horizon that will benefit millions of patients," said Dr. Ferré.
"We are pleased and honored to welcome Maurice to our board as our Executive Chairman," said Dr. Kobi Vortman, INSIGHTEC's CEO. "He has an impressive track record of building transformational companies. Maurice's commercial and clinical skills will help INSIGHTEC achieve widespread awareness and commercial adoption of our technology."
"We would also like to convey our appreciation to Tom Gentile, our former Chairman, who was recently appointed as President and Chief Operating Officer
Nothing of drama or substance is expected,
The agenda of the meeting is as follows:
1. To re-elect Elina Frenkel Ronen as one of the Company's external directors.
Actually, historically, ELBIT was one company and
was split into 3 (at around 1990) companies;
EMITF, ESLT and EVSNF.
Btw, they are still all called ELBIT, but with added
descriptive names. They are of course different
To be clear, this info brought forward for pure
have you already read the book
Dr Jekyl and Mr Hyde? get an insight
....and how do you know i lost money? did I ever announce
i was a shareholder like you (in your Startteam003 alias)
have done continuously?
Excellent news, all in accordance to the restructuring plan!!!
talking to yourself again?!
how does if feel being a siamese twin?
InSightec is held by GE Healthcare, Elbit Imaging, York Capital Management, GEOC Hengtong Investment Limited Partnership and MediTech Advisors, and has been acknowledged as one of the most innovative companies. The company has received the Wall Street Journal Technology Award; The European Union’s IST Grand Prize, and has been recognized by the Business Week and the TIME Magazine.
During the 2014 RSNA, InSightec is going to show its fresh corporate identity, which is built on values such as innovation, accuracy, efficiency, treatment outcomes and accessibility to the users. The company’s representatives will be at the GE booth 3539 doing demonstrations of their non-invasive technological solutions, which they claim to be revolutionary to the treatment of many severe conditions, always aiming for the best patient care.
The 2014 Radiological Society of North America Annual Meeting (RSNA) will take place at the McCormick Place, Chicago USA, between November 30th and December 5th.
you accuse starteam003 of being a liar
fact is that you promised to leave the
board, you promised to NEVER bash
the stock? In short, get lost! you are
no better than him, in fact you are
the one and same person!
ss003 has various aliases and even on his principle
one his english varies from childish slang to foreign
quite good level english.