The MILD(TM) procedure is a simple, percutaneous, fluoroscopically guided treatment for Lumbar Spinal Stenosis (LSS). MILD(TM) can be performed under local anesthesia and substantially reduces the tissue damage and removal associated with other minimally invasive or open surgeries. Recent clinical results in 32 patients(1) with moderate-to-severe LSS demonstrated improved mobility and decreased pain. To date, more than 80 patients have undergone the procedure without any adverse events.
"We are delighted by the addition of these two seasoned executives to the
Vertos Medical team. Jim has a proven track record in the medical device
industry and brings demonstrated entrepreneurial leadership to Vertos as we
prepare for the commercial rollout of the MILD(TM) procedure. In addition, we
are pleased to have an executive with Dan's accomplishments and broad range of
experience join our Board," said
Mr. Corbett has more than 28 years of leadership experience in the medical
device field. Most recently, he was Chief Executive Officer of ev3 Inc.
(Nasdaq: EVVV), where he led the development of ev3's peripheral and
neurovascular device business. Over the course of his career, Mr. Corbett has
held the positions of Chief Executive Officer, Home Diagnostics Inc.;
President, Boston Scientific International; and General Manager
Mr. Pelak has extensive medical device industry management experience, with a successful track record in growing young companies and productive corporate operating divisions. Until recently, he was the Chief Executive Officer at InnerPulse, a privately held, early-stage cardiac medical device company. Previously, he was the Chief Executive Officer of Closure Medical Corporation until its acquisition by Johnson & Johnson in 2005. He began his career at Medtronic, Inc., where he spent more than two decades and held the positions of Vice President of Cardiovascular Marketing, as well as Vice President and General Manager of three operating divisions.
About Vertos Medical, Inc.
Vertos is a
(1) Spine Technology Education Group, Innovative Techniques in Spine
SOURCE Vertos Medical, Inc.