BNET Industries

Market Cap:$8.9M
Last Fiscal Year Sales:$12.1M
  • Public
  • US
Dow Jones Description

Cardiogenesis is a progressive medical device company committed to innovating tools for the treatment of advanced cardiovascular disease. The company, located in Orange County, California, is the clinical and market leader in laser revascularization and angiogenic therapies for the treatment of severe angina.

Chairman of the Board, President and Chief Executive Officer
Michael Quinn
Number of Employees 34
Contact Information

11 Musick

Irvine, California 92618

cardiogenesis.c...

(949) 420-1800

NAICS Code Surgical Appliance and Supplies Manufacturing: 339113

Recent Events

  • Cardiogenesis Reports Third Quarter 2009 Results

    11/10/09 - Financial Announcement - View Story

  • Cardiogenesis Reports Second Quarter 2009 Results

    8/13/09 - Financial Announcement - View Story

  • Cardiogenesis Corporation to Report Second Quarter 2009 Results on August 13th

    7/28/09 - Financial Announcement - View Story

  • Cardiogenesis Corporation Names Paul J. McCormick Executive Chairman

    6/24/09 - Board Member - Entering - View Story

News & Analysis

cardiogenesis corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Richard P. Lanigan President
Christine Ocampo CFO, Treasurer & Secretary
Joseph R. Kletzel Interim Chief Operating Officer and Director
Marvin J Slepian Chief Scientific Officer, Director
William R. Abbott Senior Vice President, Chief Financial Officer, Secretary and Treasurer
Hank Rossell Senior Vice President, Worldwide Sales
Larry J. Czapla Senior Vice President of Worldwide Sales and Business Development
Charles J. Scarano Vice President, General Manager of International Division
Darrell F. Eckstein Vice President, Operations
Gerard A. Arthur Vice President and General Manager of Worldwide Services Division
John P. McIntyre Vice President of Scientific and Regulatory Affairs
Lee S. Langford Vice President, General Manager of Central Area
Henry R. Rossell Jr. Senior Vice President, General Manager, Atlantic Business Unit
Lorrie Orton
Kurt E. Wehberg Director
Robert C. Strauss Director
Robert L. Mortensen Director

Board of Directors

Name (plus bio) Position
Michael Quinn Chairman of the Board, President and Chief Executive Officer
Paul McCormick Board of Directors
Ann T Sabahat Board of Directors
Buzz Benson Board Member
Gregory D. Waller Board of Directors
Raymond Cohen Board of Directors

Organization Position Status
CardioGenesis Corporation Chairman of the Board, President and Chief Executive Officer Current
Syncardia Systems, Inc. Director Former

Richard P. Lanigan has been our President since November 2006. Prior to November 2006, Mr. Lanigan served in a variety of different capacities. From November 2005 to October 2006, Mr. Lanigan served as our Senior Vice President of Operations. From November 2003 to October 2005, Mr. Lanigan was our Senior Vice President of Marketing. From March 2001 to October 2003, Mr. Lanigan was our Vice President of Government Affairs and Business Development. From March 2000 to February 2001, Mr. Lanigan served as our Vice President of Sales and Marketing and from 1997 to 2000 he was the Director of Marketing. From 1992 to 1997, Mr. Lanigan served in various positions, most recently Marketing Manager, at Stryker Endoscopy. From 1987 to 1992, Mr. Lanigan served in Manufacturing and Operations Management at Raychem Corporation. From 1981 to 1987, he served in the U.S. Navy where he completed six years of service as Lieutenant in the Supply Corps. Mr. Lanigan has a Bachelor of Business Administration from the University of Notre Dame and a Masters of Science in Systems Management from the University of Southern California.

Organization Position Status
CardioGenesis Corporation President Current
CardioGenesis Corporation Senior Vice President, Operations Former
CardioGenesis Corporation Principal Executive Officer Former
Raychem Former
The-Sr Incorporated Former
University of Southern California Masters degree in Systems Management Former
University of Notre Dame Bachelor of Arts In Finance Former

Organization Position Status
CardioGenesis Corporation CFO, Treasurer & Secretary Current
CardioGenesis Corporation CFO, Secretary, Treasurer Current
Ernst & Young Audit Senior Former
Seattle University Bachelors of Science in Accounting Former

Joseph R. Kletzel, II became a member of the Board in September 2001. Mr. Kletzel has served as interim Chief Operating Officer since his appointment by the Board in May 2006 and was appointed as interim Chief Executive Officer and Chairman of the Board in July 2006. Mr. Kletzel, II served as Senior Vice President of Operations from July 2005 until November 2005 at which time he went on a medical leave of absence but remained a director. From July 2004 to June 2005 Mr. Kletzel was the Senior Vice President, General Manager Pacific Division. Mr. Kletzel has been a member of the Board since September 2001. From 1998 to 2002, Mr. Kletzel served as Chief Operating Officer for Advanced Tissue Sciences in La Jolla, California, where he was responsible for the daily operations, as well as all aspects of product & clinical research and development, the management of strategic alliances, regulatory and information technology functions. Mr. Kletzel s previous positions include President of the Research Division of Fisher Scientific

Organization Position Status
CardioGenesis Corporation Interim Chief Operating Officer and Director Current
CardioGenesis Corporation Director Current
CardioGenesis Corporation Chairman, Interim Coo Former
Advanced Tissue Sciences, Inc. Chief Operating Officer Former
CardioGenesis Corporation Senior Vice President and General Manager of Pacific Division, Director Former
Villanova University BS In Biology Former

Organization Position Status
Syncardia Systems, Inc. Chief Executive Officer Current
CardioGenesis Corporation Chief Scientific Officer, Director Current
Organ Transport Systems, Inc. Chief Scientific Officer Current
Syncardia Systems, Inc. Founder Current
The University of Arizona Professor of Medicine Current
Interventional Cardiology Professor of Medicine Current
Syncardia Systems, Inc. Medical Officer Current
Syncardia Systems, Inc. Chairman of the Board Current
Organ Transport Systems, Inc. Board of Directors Current
Interventional Cardiology Director Current
Thrombovision, Inc. Board of Directors Current
CardioGenesis Corporation Director Current
Syncardia Systems, Inc. Chief Scientific Officer Former
University of Cincinnati College of Medicine M.D. Former
Princeton University Ab In Biochemical Sciences and Science Former
University of Cincinnati College of Medicine Degree Former

Organization Position Status
CardioGenesis Corporation Senior Vice President, Chief Financial Officer, Secretary and Treasurer Current
CardioGenesis Corporation Board of Directors Current
Amcor Sunclipse North America Vice President Former
Coca-Cola Enterprises Inc. Director of Financial Planning Former
Amcor Sunclipse North America Corporate Controller Former
PepsiCo, Inc. Former
Pepperdine University Masters In Business Administration Degree Former
Fairfield University Bachelor of Science Degree In Accounting Former

Organization Position Status
CardioGenesis Corporation Senior Vice President, Worldwide Sales Current
Duke University BA in history Former

Organization Position Status
CardioGenesis Corporation Senior Vice President of Worldwide Sales and Business Development Current
West Virginia University Former
The Ohio State University Former

Organization Position Status
CardioGenesis Corporation Vice President, General Manager of International Division Current
CardioGenesis Corporation Director of Marketing Former
Stryker Endoscopy Former
Arizona State University B.A In Communications Former

Organization Position Status
CardioGenesis Corporation Vice President, Operations Current

Gerard A. Arthur has served as Senior Vice President of Operations since January 2007. From 2003 to 2007, Mr. Arthur was Vice President, General Manager of the Worldwide Service Division. From 1993 to December 2003, Mr. Arthur was Director of Worldwide Service. Prior to Cardiogenesis, from 1991 to 1993, Mr. Arthur served as Service Manager at Intelligent Surgical Lasers, Inc. From 1990 to 1991, he served as Manager, Laser Services at National Instrument Service Corporation. From 1986 to 1990, he served as Service Manager, Medical Lasers at Carl Zeiss, Inc. Mr. Arthur has worked in the medical laser field for over twenty years. He is a graduate of the School of Marine Radio & Radar, Limerick, Ireland.

Organization Position Status
CardioGenesis Corporation Vice President and General Manager of Worldwide Services Division Current
National Instrument Service Corp Manager Former
Carl-Zeiss-Stiftung Service Manager Former

Organization Position Status
CardioGenesis Corporation Vice President of Scientific and Regulatory Affairs Current
Regulatory Affairs Former
University of California, Davis M.S. In Biomedical Engineering Former
University of California, Davis B.S. In Bioengineering Former
University of California, San Diego B.S. In Bioengineering, Graduating Magna Former

Organization Position Status
CardioGenesis Corporation Vice President, General Manager of Central Area Current
CardioGenesis Corporation Board of Directors Current
Given Imaging Ltd. Former

Henry R. Rossell, Jr. has been our Senior Vice President and General Manager of the Atlantic Business Unit since January 2004. Prior to that, Mr. Rossell served as our Senior Vice President of Worldwide Sales and Marketing since January 2003. From 1999 to 2002, Mr. Rossell served as Senior Vice-President, Sales and Marketing, Surgical Products Division at Imagyn Medical Technologies, Inc. From 1998 to 1999, he served as Vice President of the Education Services Group at Medascend, Inc. From 1994 to 1998, Mr. Rossell served as Vice President of Sales at Deknatel Snowden-Pencer and at Genzyme Surgical Products following the acquisition of Deknatel by Genzyme. Prior to Genzyme, Mr. Rossell spent 17 years in several sales management positions at Baxter Healthcare International where his most recently held position was Area Vice President, Corporate Sales and Marketing. Mr. Rossell has a Bachelors of Arts in History from Duke University.

Organization Position Status
CardioGenesis Corporation Senior Vice President, General Manager, Atlantic Business Unit Current
Genzyme Corporation Former
Duke University Bachelors of Arts In History Former

Organization Position Status
CardioGenesis Corporation Current

Organization Position Status
Endologix Inc. Chief Executive Officer Current
Endologix Inc. Chief Operating Officer Current
Endologix Inc. Vice President of Sales and Marketing Current
Cianna Medical, Inc Corporate Director Current
CardioGenesis Corporation Chairman Current
Endologix Inc. Board of Directors Current
Cianna Medical, Inc Board of Directors Current
Endologix Inc. President Former
Endologix Inc. Corporate Director Former
Northwestern University B.A. Degree In Economics Former

Organization Position Status
Universal Building Products, Inc. Director of Tax Current
Universal Building Products, Inc. Corporate Controller Current
CardioGenesis Corporation Board of Directors Current

Organization Position Status
Sightline Partners Managing Director Current
Sightline Partners Board of Directors Current
Liposcience, Inc. Director Current
Cvrx Inc Board of Directors Current
PacificDental Benefits Inc. Board Member Current
Acorn Cardiovascular, Inc. Board Member Current
Conceptus, Inc. Board Member Current
Endocardial Solutions, Inc. Board Member Current
CVRx, Inc. Board Member Current
Suros Surgical Systems, Inc. Board Member Current
CardioGenesis Corporation Board Member Current
CV Therapeutics Inc. Board Member Current
Urologix, Inc. Board Member Current
Sherpa Partners, LLC Advisory Board Member Current
Piper Jaffray Ventures President Former
Piper Jaffray Ventures Managing Director Former
Sightline Partners Co-Founder Current
Stonebridge Capital Partner Former
Arthur Andersen LLP manager Former
Sightline Partners Founding Member Former
Piper Jaffray Companies co-head Former
St. John's University Graduate Former

Organization Position Status
Universal Building Products, Inc. Chief Financial Officer Current
Alsius Corporation Chairman Current
Senorx, Inc. Chairman Current
Clarient Inc. Chairman Current
Endologix Inc. Board of Directors Current
CardioGenesis Corporation Board of Directors Current
Vivometrics Board of Directors Current
Senorx, Inc. Board of Directors Current
Ormco Corporation Vice President Former
Metrex Vice President Former
Ormco Corporation Controller Former
American Hospital Supply Corporation Former
Endologix Inc. Chairman Former
Ormco Corporation Treasurer Former
Metrex Treasurer Former
Alsius Corporation Board of Directors Former
California State University M.B.A. Former
California State University B.A. In Political Science Former

Organization Position Status
CardioGenesis Corporation Director Current
Loyola College in Maryland Bachelor of Science Degree Former
Eastern Virginia Medical School Degree Former

Raymond Cohen joined the Board in May 2006. Mr. Cohen currently serves as Chief Executive Officer of Laguna Hills, CA-based Symphony Medical, Inc., a venture capital backed privately-held developer of biologic solutions for the treatment of cardiac conduction abnormalities. Mr. Cohen is also a director of Cardiac Science Corporation (NASDAQ: CSCX), where he served as Chief Executive Officer for nine years, and as Chairman from September 2005 through October 2006. Mr. Cohen also serves as a member of the Board of Directors of Syncroness, Inc., a privately-held contract engineering and product development firm based in Westminster, CO. He is a member of the Advisory Board for the College of Osteopathic Medicine, Western University of Health Sciences in Pomona, CA.

Organization Position Status
Laguna Hills Chief Executive Officer Current
Cardiac Science Corporation Chairman Current
Biolife Solutions, Inc. Chair Audit & Finance Committee, Member Compensation Committee Current
Biogenex, Inc. Director Current
Cardiac Science Corporation Director Current
Biolife Solutions, Inc. Board of Directors Current
Burdick Director Current
CardioGenesis Corporation Board of Directors Current
Symphony Medical, Inc. Chief Executive Officer Former
Symphony Medical, Inc. Director Former

Robert Strauss is Chairman of the Board of Directors, and has been President and Chief Executive Officer and a Director of Noven since December 1997. From March 1997 to July 1997, he served as President and Chief Operating Officer and a Director of IVAX Corporation. From 1983 to 1997, he served in various executive positions with Cordis Corporation, most recently as its Chairman of the Board, President and Chief Executive Officer.

Organization Position Status
Noven Pharmaceuticals, Inc. Executive Officer Current
CardioGenesis Corporation Director Current
Noven Pharmaceuticals, Inc. Director Current
Noven Pharmaceuticals, Inc. Chairman, President & CEO Former
Cordis Corporation Chairman of the Board, President and Chief Executive Officer Former
IVAX Corporation President and Chief Operating Officer and Director Former
IVAX Corporation Chief Operating Officer Former
IVAX Corporation Director Former

Organization Position Status
CardioGenesis Corporation Director Current
Harvard University M.B.A. Former

Executive News

  • Cardiogenesis Reports Second Quarter 2009 Results

    TradingMarkets - 8/13/09 - View Story

  • Cardiogenesis Reports Second Quarter 2009 Results

    Stockwatch - 8/13/09 - View Story

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     CGCP $0.19 0.00 (0.00% )
Average Volume 22,183
Shares Outstanding 45.27M
Market Cap 8.6M
Year High 0.34
Year Low 0.08
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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