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Sunday, November 29, 2009, 8:28PM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
SafeStitch Medical, Inc. (SFES.OB)On Nov 25: 1.35   0.00 (0.00%)  
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SafeStitch Medical, Inc.
4400 Biscayne Boulevard
Suite 670
Miami, FL 33137
United States - Map
Phone: 305-575-6000
Fax: 206-443-1550
Web Site: http://www.safestitch.com

DETAILS 
Index Membership:N/A
Sector:Healthcare
Industry:Medical Instruments & Supplies
Full Time Employees:14

BUSINESS SUMMARY 
Safestitch Medical, Inc., a developmental stage medical device company, focuses on the development and sale of medical devices. The company offers medical devices that manipulate tissues for obesity, gastroesophageal reflux disease (GERD), Barrett’s esophagus, esophageal obstructions, upper gastrointestinal bleeding, hernia formation, and other intraperitoneal abnormalities through endoscopic and minimally invasive surgery. Its products include SMART Dilator, which is used in an endoscopy to demonstrate the narrowing of the esophagus; and standard and airway bite blocks, which are used to protect the endoscope used in transoral gastrointestinal procedures. Safestitch Medical’s product candidates include intraluminal gastroplasty device for obesity and GERD; Amid Hernia Stapler for the repair of inguinal or groin hernias; and Barrett’s excision and ablation device for the treatment and diagnosis of Barrett’s esophagus. Its product candidates also include devices for Natural Orifice Transluminal Endoscopic Surgery, a method of operating in the abdominal cavity without making an incision in the abdominal wall; and T fastener gun, which delivers small metal fasteners at the end of an endoscope. The company was founded in 2005 and is based in Miami, Florida.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Jeffrey G. Spragens , 67
    Chief Exec. Officer, Pres
    $ 0N/A
    Mr. Adam S. Jackson , 46
    Chief Financial Officer
    $ 131.00KN/A
    Dr. Stewart B. Davis M.D., 29
    Chief Operating Officer and Sec.
    $ 158.00KN/A
    Dr. Charles J. Filipi M.D., 67
    Medical Director
    N/A N/A
    Mr. Christian Martin ,
    Head of Product Devel.
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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