BNET Industries

Market Cap:$4.4M
Last Fiscal Year Sales:$10.1M
  • Public
  • US
Dow Jones Description

Cambridge Heart (www.cambridgeheart.com) is engaged in the development and commercialization of products for the non-invasive diagnosis of cardiac disease, particularly the identification of those at risk of sudden cardiac arrest. The Company's products incorporate its proprietary Microvolt T-Wave Alternans measurement technologies, coupled with its patented Spectral Analytic Method and ultra-sensitive disposable electrode sensors. Only Spectral Analytic Method MTWA tests are reimbursed by Medicare under its National Coverage Policy that covers patients with a wide variety of cardiac symptoms. Other major insurers in the USA also have coverage policies for the test. The T-Wave Alternans test is included in the Guideline for Management of Patients with Ventricular Arrhythmias and the Prevention of Sudden Cardiac Death jointly developed by the American College of Cardiology (ACC), The American Heart Association (AHA) and the European Society of Cardiology (ESC). The Company, founded in 1990, is based in Tewksbury, Massachusetts and is traded on the OTCBB under the symbol CAMH.

Vice President of Research & Development, Operations
Ali Haghighi-Mood
Number of Employees 39
Contact Information

1 Oak Park Dr

Bedford, Massachusetts 01730-1413

www.cambridgehe...

1 781 271 1200

NAICS Code Electromedical and Electrotherapeutic Apparatus Manufacturing: 334510

Recent Events

  • Cambridge Heart Releases 3Q 2009 Results

    11/19/09 - Financial Announcement - View Story

  • Cambridge Heart Unveils New R&D Initiative

    9/29/09 - Product Announcement - View Story

  • Cambridge Heart Reports Results for the Second Quarter 2009

    8/12/09 - Financial Announcement - View Story

Decision Makers

Name (plus bio) Position
Ali Haghighi-Mood Vice President of Research & Development, Operations
James Sheppard Vice President, Operations
Mark Florence Vice President, Sales and Marketing
Robert Laroche Vice President, Sales & Marketing
Laurence J Blumberg Co-Founder
Dr Ali Haghighi research scientist

Board of Directors

Name (plus bio) Position
Kenneth Hachikian Chairman
Jeffrey J. Langan Board of Directors
Jeffrey Wiggins Board of Directors
Reed Malleck Board of Directors
Richard J. Cohen Board of Directors
Robert P. Khederian Board of Directors
Robert Palardy Board of Directors

Dr. Ali Haghighi-Mood is VP of Research & Development / Operations. He joined Cambridge Heart in January, 1997 as a research scientist coming from an academic background. From January 2000 to January 2002 he served as the Manager of R&D and the Director of Research from January 2002 to July 2003. During his tenure at Cambridge Heart, Dr. Haghighi-Mood has been a driving force behind the company's research and development efforts. He is the inventor of a number of US and European patents including the company's proprietary technology, the Analytic Spectral Method for the Measurement of T-Wave Alternans. Dr. Haghighi-Mood holds B.S. and M.S. degrees in Electrical Engineering from the University of Tehran and a Ph.D degree in Biomedical Engineering from the University of Sussex, UK.

Organization Position Status
Research, Inc. Vice President Current
Cambridge Heart, Inc. Vice President of Research & Development, Operations Current
Cambridge Heart, Inc. Research Scientist Former

Organization Position Status
Cambridge Heart, Inc. Vice President, Operations Current

Mr. Florence joined the Company in July 2006 as our Vice President of Sales and Marketing. Mr. Florence has extensive experience over the last 20 years in the cardiac medical device and diagnostic industry. He has held positions of increasing responsibility in marketing, sales and general management with industry leaders such as Abbott Laboratories, Bayer and the Moore Medical Subsidiary of McKesson. Most recently Mr. Florence was Vice President of Sales at CardioDynamics where he was responsible for growing the sales force from 3 to 5 regions totaling 60 direct sales representatives. Additionally, Mr. Florence had matrix management responsibility for the company's nurse clinical applications team, during which time the team grew from 15 to 25 members. Mr. Florence holds a B.S. Degree in Marketing from Northeastern University and an MBA from the Northeastern University Graduate School of Business in Boston.

Organization Position Status
Cambridge Heart, Inc. Vice President, Sales and Marketing Current
Abbott Laboratories Current
Cardio Dynamics International Corporation Vice President, Sales Former
Northeastern University Mba Former
Northeastern University B.S. Degree In Marketing Former

Bob LaRoche is a senior executive with over 20 years of experience in the marketing and sales of medical devices. Prior to joining InfraReDx, he led market development and reimbursement strategic initiatives at Cambridge Heart Inc. that lead to early adoption product use , Medicare and private insurance reimbursement and ACC/AHA clinical guidelines recommendations for Microvolt Twave Alternans testing. Prior to that position, Mr. LaRoche was President of Octant Marketing, Inc. a medical products consulting company which assisted companies with clinical product evaluations, market research, sales distribution, product positioning, and strategic planning. He gained startup company experience while at Vision Sciences, Inc. where he was Vice President of Sales and Marketing. Bob spent 10 years at C.R. Bard, starting as a sales representative with the interventional radiology division. He was Sales Representative of the Year at Bard Interventional Products and then started his ascent through the marketing ranks of the Gastroenterology and Cardiology Divisions. This led to the position of Director of Marketing at the USCI division of CR Bard with responsibility for the OTW balloon angioplasty and specialty guidewire products. He holds a BS degree in Marine Fisheries Biology from University of Massachusetts Amherst. Bob is a member of the Advisory Board for US Endoscopy (Mentor, OH), a privately held flexible endoscopy device company as well as a Board member with Endomedical Technologies (Eden Prairie, MN).

Organization Position Status
Infraredx, Incorporated Vice President, Sales and Marketing Current
Cambridge Heart, Inc. Vice President, Sales & Marketing Current
C.R. Bard, Inc. Sales Representative Former
University of Massachusetts Amherst B.S. in Marine Fisheries Biology Former

Organization Position Status
Syntonix Pharmaceuticals, Inc. Co-Founder Current
Cambridge Heart, Inc. Co-Founder Current
Brandeis University Board of Overseers Current
Syntonix Pharmaceuticals, Inc. Board of Directors Current
Cambridge Heart, Inc. Board of Directors Former
Temple University School of Medicine M.D. Former
Columbia University M.B.A. Former
Brandeis University B.A. In Physics Former

Organization Position Status
Cambridge Heart, Inc. research scientist Current

Organization Position Status
Cambridge Heart, Inc. Chairman Current
Wellesley Management CEO Former
Cambridge Heart, Inc. Board of Directors Former
Harvard University BA in Economics Former

Organization Position Status
Cambridge Heart, Inc. Board of Directors Current
IDEXX Laboratories, Inc. CEO Former
IDEXX Laboratories, Inc. President Former
Harvard University MBA Former
Villanova University BS in Mechanical Engineering Former

Organization Position Status
Cambridge Heart, Inc. Board of Directors Current
Rcm Capital Management LLC Principal Former

Organization Position Status
Avidyne Corporation Interim Cfo Current
Tatum LLC Partner Current
Cambridge Heart, Inc. Board of Directors Current
Radianse, Inc Cfo, Coo and Secretary, Treasurer Former
Healthwyse Vice President of Finance and Operations Former
Radianse, Inc Co-Founder Former
University of Colorado MBA Former
University of Colorado B.S. In Finance Former

Organization Position Status
Cambridge Heart, Inc. Board of Directors Current

Organization Position Status
Provident Healthcare Partners, LLC Co-Founder Current
Inverness Medical Innovations, Inc. Independent Director Current
Provident Healthcare Partners, LLC Chairman Current
Cambridge Heart, Inc. Board of Directors Current
Hisoftware, Inc. Vice Chairman Current
Longy School of Music Board of Directors Current
Inverness Medical Innovations, Inc. Board of Directors Current
Medical Specialties, Inc. Founder Former
Medical Specialties, Inc. Chairman Former
Cambridge Heart, Inc. Chairman Former
Provident Healthcare Partners, LLC Board of Directors Current

Array

Organization Position Status
Masspro Vice President, Corporate Services and Chief Financial Officer Current
Cambridge Heart, Inc. Chief Financial Officer Former
Cambridge Heart, Inc. Vice President, Finance and Administration Former
NMT Medical, Inc. Vice President,Operations Former
Intermagnetics General Corporation Vice President, Finance Former
Summit Technology, Inc. Director of Manufacturing Former
Virginia Polytechnic Institute and State University BS in Industrial Engineering Former
La Salle University Bachelor of Science Degree In Accounting Former

Executive News

  • Cambridge Heart Reports Results for the Second Quarter 2009

    Business Wire - 8/12/09 - View Story

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     CAMH $0.07 -0.00 (-2.82% )
Average Volume 128,190
Shares Outstanding 64.91M
Market Cap 4.5M
Year High 0.18
Year Low 0.06
Earnings Per Share -0.14
P/E Ratio -0.49
Dividend N/A
Yield N/A
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