Amedica Corporation Announces Eric Olson as New President and Chief Executive Officer
Experienced Executive Well-Positioned to Drive Product and Company Growth
SALT LAKE CITY, Feb. 8, 2012 /PRNewswire/ -- Amedica Corporation, a spinal and reconstructive implant manufacturer focused on its proprietary silicon nitride ceramic material platforms, today announced a new leadership appointment designed to drive the company's ambitious growth initiatives in the United States and abroad.
Eric Olson, President of Amedica Spine, has been named as the company's President and Chief Executive Officer charged with leading the pioneering ceramic medical manufacturing and distribution company through its next phase of market expansion.
"As we enter our next stage of development and look forward to commercializing a new generation of products, having a forward thinking leader, like Eric, at the helm of the company is invaluable to our organization," said Max Link, PhD, Chairman of Amedica's Board of Directors. "His proven management capability and success within the first year at Amedica has positioned him well for his new role."
"I am pleased to be leading the company at this time of rapid growth and I look forward to strengthening the company's market position as the ceramic development leader in spine, dental and general orthopaedics," said Olson. "Recent data regarding the characteristics of silicon nitride have demonstrated that the efficacy of silicon nitride, as a unique biomaterial, has characteristics that should dramatically increase widespread clinical adoption and reinforce the value of our company and its products."
Olson joined Amedica in 2011, bringing more than 20 years of experience in the medical device industry. Before joining Amedica, he was the Executive Vice President of Sales and Marketing for Axial Biotech, a privately held, venture-backed company focused on the development and commercialization of genetic tests for patients with spinal disorders. Mr. Olson was the VP of Sales and Marketing for Facet Solutions and Sorenson Medical. He was the founder and President of Protech Medical, Inc., an independent distribution organization that sold orthopaedic and spinal implants. He has also held senior sales and marketing positions at several large companies including Medtronic, Smith & Nephew and Wright Medical. Mr. Olson holds a degree in Behavioral Science and Health Administration from the University of Utah.
For more information about Amedica Corporation, visit www.amedica.com.
About Amedica Corporation
Amedica is an innovative spine and orthopaedic implant and device manufacturing and distribution company that provides advanced surgical applications including silicon nitride ceramic technologies. The company's platform technologies represent a new standard for implants and biologics based on superior performance, safety and efficacy. Amedica is a privately held, private equity backed ceramic manufacturing and implant distribution company founded in 1996 by internationally recognized Orthopaedic surgeons and ceramicists. The company is ISO 13485 certified, its spine products are FDA cleared, CE marked, and are sold in ten countries. Amedica Corporation is based in Salt Lake City, Utah.
SOURCE Amedica Corporation
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