BNET Industries

Last Fiscal Year Sales:$591.0K
  • Public
  • US
Dow Jones Description

We have developed and manufacture a minimally invasive system based on our proprietary cryoablation technology for the treatment of cardiac arrhythmias. Cardiac arrhythmias are dysfunctions in the electrical activity of the heart that normally controls and maintains the highly coordinated contractions of the heart. Arrhythmias cause the heart to pump blood less efficiently, cause potentially debilitating symptoms and can result in life threatening events such as strokes. We have focused our initial development efforts on designing a system for treating atrial fibrillation, or AF, and right atrial flutter, or AFL, the two most common and difficult to treat arrhythmias. AF is the most prevalent arrhythmia and AFL is the second most prevalent arrhythmia and can lead to, and often coexists with, AF. In August 2007, we received approval of our application for premarket approval, or PMA, from the United States Food and Drug Administration, or FDA, for the treatment of AFL with our CryoCor Cardiac Cryoablation System, or cryoablation system. In the fourth quarter of 2007, we began building our sales and marketing capabilities, including the hiring of a Vice President of Sales and Marketing and several sales representatives. However, our signing of the Merger Agreement with BSS has impacted our efforts to commercially launch our product. ...

Number of Employees 50
Contact Information

9717 Pacific Heights Blvd

San Diego, California 91212

www.cryocor.com

(858) 909-2200

NAICS Code Medical Laboratories: 621511

News & Analysis

cryocor inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Joe Fitzgerald President
David J. Lentz Chief Technical Officer and Vice President, Research and Development
Helen S. Barold Chief Medical Officer
K Kay Hannah Vice President, Human Resources
Kathleen K. Hannah Vice President, HR
Kenneth Lauren Ripley Vice President, Clinical Research
Knut Michael Scharnberger General Manager, Cryocor, Gmbh and Vice President European Operations
Mark Adams Vice President of Sales and Marketing
Russell W. Olson Vice President, Regulatory, Quality and Clinical Affairs
A John Camm Professor
Christoph Geller Professor
David J. Cooney Member of Audit Committee
Hein J J Wellens Professor
Helmut U Klein Professor
Hung Fat Tse Professor
Jerry C. Griffin Member of Audit Committee
Robert Adelman Member of Compensation Committee

Board of Directors

Name (plus bio) Position
J Mark Hattendorf Chairman
Edward F. Brennan Board of Directors
Lawrence J. Knopf Board of Directors
Mark Hattendorf Joseph Board of Directors
Robert Ulrich Board of Directors

Organization Position Status
CryoCor, Inc. President Current

Organization Position Status
CryoCor, Inc. Chief Technical Officer and Vice President, Research and Development Current
University of Utah Ph.D. In Physical Chemistry Former
Rochester Institute of Technology M.S. In Organic Chemistry Former
The State University of New York B.S. In Chemistry Former

Dr. Barold is currently the Chief Medical Officer of CryoCor, Inc. Previously, Dr. Barold worked as a Medical Officer for the Food and Drug Administration, in the office of device evaluation of the Center for Devices and Radiological Health, and practiced in cardiology and cardiac electrophysiology at the National Naval Medical Center in Bethesda, Maryland. She received her medical degree from the University of Rochester, completed her Internal Medicine residency at Johns Hopkins Hospital, and her Cardiology and Electrophysiology residency at Duke University.

Organization Position Status
CryoCor, Inc. Chief Medical Officer Current
Kips Bay Partners LLC Current
Johns Hopkins Hospital Residency Former
Duke University Residency Former
National Naval Medical Center Former
University of Rochester Medical Degree Former

Organization Position Status
CryoCor, Inc. Vice President, Human Resources Current
SonoSite, Inc. Vice President of Human Resources Former
Incontrol Former

Organization Position Status
CryoCor, Inc. Vice President, HR Current
SonoSite, Inc. Vice President of Human Resources and Facilities Former

Organization Position Status
CryoCor, Inc. Vice President, Clinical Research Current
Computers and Company Editor Former
Incontrol Former

Organization Position Status
CryoCor, Inc. General Manager, Cryocor, Gmbh and Vice President European Operations Current
CryoCor, Inc. Co-Founder Current

Organization Position Status
CryoCor, Inc. Vice President of Sales and Marketing Current

Organization Position Status
CryoCor, Inc. Vice President, Regulatory, Quality and Clinical Affairs Current
Incontrol Director of Regulatory Affairs Former
Acorn Cardiovascular, Inc. Director of Regulatory Affairs Former
Regulatory & Clinical Research Institute, Inc. Principal Former
University of Wisconsin B.S. Degree In Microbiology and Public Health Former

Organization Position Status
CryoCor, Inc. Professor Current
CryoCor, Inc. Board of Directors Current

Organization Position Status
CryoCor, Inc. Professor Current
CryoCor, Inc. Board of Directors Current

Dave has served as a member of our board of directors since January 2002. He is currently a partner at Beecken Petty O'Keefe & Company. Dave joined Beecken Petty O'Keefe & Company in February 1997. From 1995 to 1997, he worked in the Corporate Finance Department at Smith Barney in New York, specializing in public offerings and mergers and acquisitions for healthcare companies. Dave serves or has served on the board of directors of a number of public and private healthcare service, medical device and healthcare information technology companies. He received a B.S. degree in history from the University of Illinois and an M.P.P. in international finance from Georgetown University.

Organization Position Status
Beecken Petty O'Keefe & Company Partner Current
CryoCor, Inc. Member of Audit Committee Current
Keefe & Company, Inc. Current
Teramedica, Inc. Director Current
Beecken Petty O'Keefe & Company Principal Former
Overseas Private Investment Corporation Analyst Former
Smith Barney Corporate Finance Department Former
Georgetown University M.A. Former
University of Illinois B.S. In History Former

Organization Position Status
CryoCor, Inc. Professor Current
CryoCor, Inc. Board of Directors Current

Organization Position Status
CryoCor, Inc. Professor Current
CryoCor, Inc. Board of Directors Current

Organization Position Status
CryoCor, Inc. Professor Current
CryoCor, Inc. Board of Directors Current

Organization Position Status
Ingeneron, Inc. President of Griffin & Schwartz Current
Schwartz President Current
Juva Medical, Inc. President of Griffin & Schwartz Current
Needham Capital Partners Limited Partner Current
Venturi Group, LLC Principal Current
Stanford University School of Medicine Faculty Former
Industrial Origami LLC Chairman of The Board Current
Ingeneron, Inc. Board of Directors Current
Juva Medical, Inc. Board of Directors Current
Venturi Group, LLC Director Current
Sciele Pharma, Inc. Director Current
American College of Cardiology Fellow Current
Incontrol Executive Vice President for Medical Affairs Former
CryoCor, Inc. Vice President Former
Stanford University Assistant Professor Former
University of California Professor of Medicine Former
University of California, San Francisco full time faculty member Former
Point Biomedical Corporation Director Former
University of Mississippi School of Medicine M.D. Degree Former
University of Mississippi M.D. Degree Former
The University of Mississippi M.D. degree Former
University of Southern Mississippi B.S. Former

Rob Adelman, M.D., Private Equity Partner. Dr. Adelman joined OrbiMed in 2002 to focus on private equity investments and structured transactions of small-capitalization public equity companies. Prior to joining OrbiMed, Dr. Adelman was Vice President of Business Development at NeoGenesis Pharmaceuticals. Prior to his tenure with NeoGenesis, he was a founder of Veritas Medicine. He was also a co-founder of Operon Technology, one of the largest commercial producers of synthetic DNA in the world. He trained as an orthopedic surgeon at the Hospital for Special Surgery at Cornell University. As a practicing orthopedic surgeon, he was involved with major implant manufacturers on hip and knee replacement design. Dr. Adelman received his B.A. with the highest honors from the University of California, Berkeley and his M.D. from Yale University School of Medicine. Dr. Adelman serves on the Boards of Volcano Corporation, CryoCor Inc, Sientra Inc., Aryx Inc, Innovative Spinal Technologies Inc, and Cerimon Pharmaceuticals.

Organization Position Status
Orbimed Advisors, LLC Private Equity Partner Current
CryoCor, Inc. Member of Compensation Committee Current
ARYx Therapeutics Inc Board of Directors Current
Sientra, Inc. Board of Directors Current
CryoCor, Inc. Board of Directors Current
Cerimon Pharmaceuticals, Inc. Board of Directors Current
Innovative Spinal Technologies, Inc Board of Directors Current
Veritas Medicine, Inc. Founder Former
Cornell University orthopedic surgeon Former
Yale University School of Medicine M.D. Former
University of California, Berkeley BA Former

Mr. Hattendorf has over 30 years of experience in accounting, finance and business management, including as the senior financial officer for a number of publicly and privately-held companies. He has experience serving on the board of directors of publicly-held and not-for-profit entities. He is a Certified Public Accountant and holds an undergraduate degree in Accounting and an MBA in Finance from Loyola Marymount University in Los Angeles, California.

Organization Position Status
CryoCor, Inc. Chairman Current
CryoCor, Inc. Director Former
Loyola Marymount University MBA In Finance Former
Loyola Marymount University Undergraduate Degree In Accounting Former

Organization Position Status
HemoSense, Inc. Chairman Current
Goucher College Board of Directors Current
Kilroy Realty Corporation Board of Directors Current
CryoCor, Inc. Board of Directors Current
Santa Fe Summit Member of The Company's Board Current
CryoCor, Inc. Chief Operating Officer Former
CardioGenesis Corporation Executive Vice President Former
Medtronic, Inc. Former
University of California Santa Cruz Ph.D. in Biology Former
University of California B.A. Degree Former
University of California Santa Cruz B.A. In Chemistry and Biology Former

Organization Position Status
CryoCor, Inc. Board of Directors Current

Organization Position Status
CryoCor, Inc. Board of Directors Current

Dr. Bob Ulrich is a Managing Director investing in the Life Sciences sector at Vanguard. Bob is a seasoned veteran of both the health care industry and venture capital community, earning prominence as a technologist, operating executive, CEO, entrepreneur and venture capital investor. Prior to joining Vanguard Ventures, Bob was co-founder and President of VanMed, a Vanguard sponsored business incubator specialized in seed stage medical opportunities. He played an active role in several VanMed companies, serving as CEO of five and a Board of Directors member of seven. Bob was President and CEO of Menlo Care, Inc., a spinout of Raychem, which was later acquired by Johnson & Johnson. He served as President and CEO of MedVest, Inc., a medical incubator, responsible for analyzing the business and technology aspects of products for investment and acquisition. Bob's career in the medical industry began at General Electric and continued at Johnson & Johnson where he was Director of New Technologies. In this capacity he directed U.S. and international medical products business development, investments and acquisitions for therapeutic and diagnostic devices and pharmaceuticals. His most notable acquisition was that of the Schatz-Palmaz coronary stent, which has become one of the most successful medical devices in history. He earned his Bachelor of Arts degree in Physics from Claremont McKenna College, and a Master of Science degree and Ph.D. in Polymer Science and Engineering from the University of Massachusetts. Bob is a member of the Board of Directors for HemoSense, Peptimmune, Percardia, TissueLink and Vesalius Ventures. He is an observer on the Board of Directors for CryoCor, BioSeek, and Sontra.

Organization Position Status
Vanguard Ventures Managing Director Current
Texas Life Science Center General Partner and Managing Member of Vanguard Ventures Current
Vanguard, Inc. General Partner Current
Vesalius Ventures General Partner Current
Peptimmune, Inc. Technologist Current
Biohouston Board of Directors Current
Vanguard Ventures Board of Directors Current
Texas Life Science Center Board of Directors Current
Bioseek, Inc. Board of Directors Current
Startech, Inc. Board of Directors Current
CryoCor, Inc. Board of Directors Current
Peptimmune, Inc. Board of Directors Current
Percardia, Inc. Board of Directors Current
Cryogen, Inc. Board of Directors Current
HemoSense, Inc. Board of Directors Current
Vanguard Ventures Managing Member Current
HemoSense, Inc. Member Current
Menlo Care, Inc. CEO Former
MedVest, Inc. CEO Former
MedVest, Inc. President Former
Menlo Care, Inc. President Former
Vanguard Ventures President Former
Vanguard Ventures Co-Founder Former
Vanguard Ventures General Partner Former
Vesalius Ventures Chairman & Director Former
Johnson & Johnson Director of New Technologies Former
Biohouston General Partner, Vanguard Venture Partners Former
Vanguard Ventures Technologist Former
New Technologies, Inc. Director Former
Vesalius Ventures Board Director Former
University of Massachusetts Amherst Ph.D. In Polymer Science and Engineering Former
University of Massachusetts Amherst Master of Science Former
Claremont McKenna College Bachelor of Arts Degree In Physics Former