BNET Industries

Last Fiscal Year Sales:$22.3M
  • Public
  • US
Dow Jones Description

Diomed develops innovative technology and clinical solutions that bring the advantages of minimal and micro-invasive procedures to physicians and patients. Diomed was the first to introduce the diode laser for surgery and was the pioneer behind its use in endovenous laser treatment. Today, EVLT by Diomed is the leading laser treatment for varicose veins. Another exclusive offering from Diomed is the VeinViewer by Luminetx. A revolutionary new imaging tool for superficial veins, it is the newest component of Diomed's comprehensive approach to vein care. Diomed also offers Photo Dynamic Therapy (PDT) for cancer and pre-cancer treatments. With its commanding expertise in optical fibers and diode lasers, Diomed is committed to serving the health care industry with pioneering, proprietary technology that advances medical treatment.

Chief Executive Officer & President
James A. Wylie Jr.
Number of Employees 100
Contact Information

1 Dundee Pk Stes 4-6

Andover, Massachusetts 01810

www.diomedinc.c...

(978) 475-7771

NAICS Code Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers: 423450

News & Analysis

diomed holdings inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
James A. Wylie Jr. Chief Executive Officer & President
William D. Allan Managing Director
Peter Gloviczki Director
Alan Kessler
George E Lovegrove Clinical Instructor
Heather Frahm
Maria Elena Fodera Educator
Gary Brooks Director

Board of Directors

Name (plus bio) Position
Sidney Braginsky Chairman
Cary Paulette Board of Directors
Geoffrey H. Jenkins Board of Directors
Sidney Barginsky Board of Directors

Organization Position Status
Diomed Holdings, Inc. Chief Executive Officer & President Current
Diomed Holdings, Inc. President and Chief Executive Former
Diomed Holdings, Inc. Board of Directors Former

Mr. Allan is responsible for planning, developing and implementing corporate programs related to the management of International operations including research and development, manufacturing, quality, regulatory, finance, information technology, human resources, global customer support and administration as well as sales and marketing outside of the Americas. Prior to joining Diomed, Mr. Allan spent fifteen years with Smith & Nephew in various responsibilities including sales, marketing, business development and general management. Most recently, he was Global Vice President Marketing for Smith & Nephew Wound Management with Global strategic responsibilities for marketing .He has worked in South Africa,Canada and most recently in the UK. Mr. Allan studied Dental Surgery at the University of Edinburgh and practiced as a Dental Surgeon in South Africa and in the UK. He has an MBA from the University of Cape Town and AMP from Insead Business School in Paris. Mr. Allan holds dual British and South African citizenships.

Organization Position Status
Venacure Evlt(Tm) Managing Director Current
Diomed Holdings, Inc. Managing Director Current
Diomed Holdings, Inc. Board of Directors Current
Smith & Nephew, Inc. Former

Organization Position Status
Diomed Holdings, Inc. Director Current
Diomed Holdings, Inc. Director Former

Organization Position Status
Diomed Holdings, Inc. Current

George E. Lovegrove, M.D. is the founder and medical director of the West Virginia Vein & Skin Centers. Dr. Lovegrove is a native West Virginian who received his M.D. degree from West Virginia University. He completed his Internal Medicine residency at Charleston Area Medical Center and the University of South Carolina. Board certified in Internal Medicine, he practiced internal medicine in Beckley, W. V. for 15 years. In 1998, he made a career change and opened a new office in Beckley for the non-surgical treatment of varicose veins, rosacea, vascular skin abnormalities including Port-Wine birthmarks and hemangiomas. He was the first to introduce Yag laser and Intense Pulse Light treatments in the state. In 2000, he was the first to introduce PhotoDynamic Therapy (PDT) for the treatment of actinic keratosis which has now become a first line treatment for acne disorders. However, his real passion has been directed in the non-surgical treatment of varicose veins. Being a real pioneer in the new speciality termed Phlebology, he then introduced EVLT (Endovenous Laser Treatment) in his Beckley office. He received his formal training in EVLT at Cornell University-Weil Medical School in New York under the direction of Robert Min, M.D. Dr. Min is the leading authority and is world renown in Endovenous Laser Treatment. What started out as a single physician practice in Beckley, W.V. has now become the largest EVLT center in the United States with the opening of the Charleston location in 2004. Dr. Lovegrove now has two physician associates including Dr. Donald Teter, and Dr. Rickey Bradley. Tammy King, a certified nurse practicioner, is also a very important team member. All physicians are Board Certified and recognized in the speciality of Phlebology. Dr. Lovegrove also is a clinical instructor for Diomed and actively teaches the EVLT procedure to colleagues. At this time, over 16,000 procedures have been performed at both locations.

Organization Position Status
West Virginia Vein & Skin Centers Founder Current
West Virginia Vein & Skin Centers Medical Director Current
Diomed Holdings, Inc. Clinical Instructor Current
West Virginia University M.D. Degree Former

Heather Frahm co-founded Catalyst online in 1998 upon recognizing the emerging need for experts in the online marketing industry for healthcare companies. Her success is evident in Catalyst online's list of clients including: Pfizer, Novartis, Biogen Idec, Diomed, Noven, Genzyme, Aurora and Drug Information Association . Prior to Catalyst online, Heather served as a Assistant Vice President in the Financial Institutions Group at BankBoston and a contributing member of BankBoston's Internet Marketing Team. Her extensive experience in the financial services industry also includes positions at State Street Bank and Trust, Donaldson Lufkin, & Jenrette, and Goldman Financial Group. She received her BA in Economics from Hartwick College and her MBA at the Boston College Carroll School of Management. Currently, Heather is an active board member for the Healthcare Businesswomen's Association.

Organization Position Status
Catalyst On-Line CEO of Catalyst Search Marketing Current
Catalyst Search Marketing CEO Current
Catalyst Corporation Co-Founder Current
State Street Bank and Trust Company Current
Biogen Idec, Inc. Current
Diomed Holdings, Inc. Current
Pfizer Inc. Current
BankBoston International Assistant Vice President Former
Catalyst Search Marketing Co-Founder and President Former
Boston College Carroll School of Management M.B.A. Former
Hartwick College B.A. In Economics Former

Organization Position Status
Diomed Holdings, Inc. Educator Current
New York Surgical Associates Current
American Venous Forum Board of Directors Current
American Registry Board of Directors Current
Society for Clinical Vascular Surgery Board of Directors Current
American College of Surgeons Board of Directors Current
American College of Surgeons Member Current
Society for Clinical Vascular Surgery Member Current
American Venous Forum Member Current

Mr. Braginsky is President and Chief Executive Officer of Atropos Technology Inc. (consulting and venture capital) and Chairman of Digilab LLC (molecular spectroscopy). From 1970 through 1999, Mr. Braginsky served Olympus America, Inc. in a variety of roles, most recently as President and Chief Operating Officer. Mr. Braginsky serves on the board of directors of Mediscience (optical biopsy development), Diomed Holdings (laser technology), Geneva Acquisition Corporation (acquisitions) and Electro-Optical Sciences, Inc. (surgical and medical instruments).

Organization Position Status
Digilab President Current
Invendo-Medical President Current
Digilab Chairman Current
Sword Diagnostics Chairman Current
Diomed Holdings, Inc. Chairman Current
Noven Pharmaceuticals, Inc. Chairman Current
Estech, Inc. Chairman Current
Estech, Inc. Director Current
Diomed Holdings, Inc. Director Current
Sword Diagnostics Director Current
Venacure Board of Directors Current
Venacure Evlt(Tm) Board of Directors Current
Electro-Optical Sciences, Inc. Board of Directors Current
Invendo-Medical Board of Directors Current
Seroptix, Inc. Board of Directors Current
JDS Pharmaceuticals, LLC Board of Directors Current
Digilab Chief Executive Officer Former
Mediscience Technology Corp President Former
Olympus America, Inc. President Former
Olympus America, Inc. Chief Operating Officer Former
Electro-Optical Systems, Inc. Chairman Former
City University of New York chairman Former
Geneva Acquisition Corporation Director Current
Versamed, Inc. Board of Directors Former
Olympus America, Inc. Board of Directors Former
Q-Rna, Inc. Board of Directors Former
Queens College B.S. In Biology Former

Organization Position Status
Venacure Evlt(Tm) Vice President of North American Sales Current
Diomed Holdings, Inc. Board of Directors Current
Guidant Corporation Vice President of Sales Operations Former
Viewlocity Inc. Vice President of Sales Operations Former
Baylor University BA In Marketing Management Former
Baylor University BA In Marketing Management Former

Organization Position Status
Diomed Holdings, Inc. Board of Directors Current
Venacure Board of Directors Current
Venacure Evlt(Tm) Board of Directors Current
Diomed Holdings, Inc. Chairman Former
Clarkson University BS Former

Organization Position Status
Diomed Holdings, Inc. Board of Directors Current

Gary Brooks, CMC, CTP is the Managing Director of the CDVCA Central Fund. He is a nationally recognized turnaround consultant and crisis manager. He has over 40 years of diversified executive management and consulting experience. As Chairman and Chief Executive Officer of Allomet Partners, Ltd., he has provided restructuring, interim management and refinancing services to more than 400 companies. He has served as the National Chair of the Institute of Management Consultants (IMC). He is a founding member of the Turnaround Management Association (TMA) and served as a member of its Board of Directors for eight years. He was first Chair of TMA's Certification Committee responsible for designing and implementing the Certification Program leading to the CTP designation. He was first President of the Association of Certified Turnaround Professionals (ACTP). His career affiliations include the General Electric Company, Eastman Kodak, and the Scott Paper Company, where he served as a Division Executive managing a subsidiary. Prior to the formation of Allomet Partners, he managed the New York office of an international firm specializing in strategic planning and technological forecasting, and served as Managing Principal of a major New England-based turnaround consulting firm for eight years. Of the many enterprises that Allomet assists (including their lenders, investors, directors, etc), a substantial percent of the work relates to family businesses--adding a far reaching human dimension to the traditional financial equation faced by troubled middle market ($10 to $200 million in revenue) businesses. Mr. Brooks often serves as a facilitator to help family members benefit from alternative means of dispute resolution. Allomet's involvement in these cases offers a new (sometimes only) means by which the barriers among all concerned parties can be lowered and efforts toward resolving the issues can begin. In addition to his role as an advisor to owners and managers, Gary Brooks is often asked to serve as the interim Chief Operating Officer of an underperforming enterprise. Currently, Mr. Brooks is a member of the Board of Directors of Diomed Holdings, Inc. (Amex), the Lower East Side Tenement Museum (New York) and VRSim, a virtual reality development stage company. Gary Brooks writes frequently for publication in journals serving the profession and lectures often to such groups as the Family Firm Institute, Private Wealth workshops, and at numerous Chapter and National meetings of TMA. He has also served as Visiting Professor at a number of schools of business administration. Gary Brooks graduated from MIT where he majored in Biochemical Engineering and Industrial Management and he received an MS degree from the University of Rochester (NY) in Chemical Engineering and Operations Research.

Organization Position Status
Cdvca Managing Director, Central Fund Current
Foresight Advisors Inc Family Business Advisor Current
Venacure Board of Directors Current
Venacure Evlt(Tm) Board of Directors Current
Lower East Side Tenement Museum Board of Directors Current
Vrsim, Inc. Board of Directors Current
Association of Certified Turnaround Professionals President Former
University of Rochester MS degree Former
Turnaround Management Association Board of Directors Current
Diomed Holdings, Inc. Director Current
Turnaround Management Association Member Former
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