BNET Industries

Market Cap:$104.4M
Last Fiscal Year Sales:$30.2M
  • Public
  • US
Dow Jones Description

We develop, manufacture and sell a new generation of medical robotics designed for accurate positioning, manipulation and stable control of catheters and catheter-based technologies. While earlier generations of medical robotics were designed primarily for manipulating rigid surgical instruments, our Sensei ® Robotic Catheter System, or Sensei system, is designed to allow physicians to instinctively navigate flexible catheters with greater stability and control in interventional procedures. Instinctive navigation refers to the ability of our Sensei system to enable physicians to direct the movements of our Artisan Control Catheter, or Artisan catheter, to a desired anatomical location in a way that is natural and inherently simple. We believe our Sensei system and its corresponding disposable Artisan catheter enable physicians to perform procedures that historically have been too difficult or time consuming to accomplish routinely with existing catheters and catheter-based technologies, or that we believe could be accomplished only by the most skilled physicians. We believe that our Sensei system has the potential to benefit patients, physicians, hospitals and third-party payors by improving clinical outcomes and permitting more complex procedures to be performed interventionally. We received CE Mark approval for our Sensei system in the fourth quarter of 2006 and made our first commercial shipments to the European Union in the first quarter of 2007. ...

President & CEO
Frederic H. Moll
Number of Employees 208
Contact Information

380 N Bernardo Ave

Mountain View, California 94043

hansenmedical.c...

(650) 404-5800

NAICS Code Surgical Appliance and Supplies Manufacturing: 339113

Recent Events

  • Izard Nobel LLP Announces Class Action Lawsuit Against Hansen

    11/05/09 - Lawsuit Filed - View Story

  • Rosen Law Firm Announces Class Action Lawsuit Against Hansen Medical, Inc. -- HNSN

    11/01/09 - Lawsuit Filed - View Story

  • Tentative settlement reached in Luna Innovations suit

    9/27/09 - Legal Settlement - View Story

  • Hansen debuts updated robotic catheter system, new catheters

    9/22/09 - Product Announcement - View Story

  • Hansen Medical Unveils Next Generation Robotic Catheter System and Two New Catheters Offering Advanced Navigation...

    9/15/09 - Product Announcement - View Story

  • 3 Stocks in a Tailspin

    7/31/09 - Bond / Stock Rating - View Story

  • Hansen Medical posts $14.6M Q2 loss

    8/04/09 - Financial Announcement - View Story

  • Hamptons Housing Market

    7/22/09 - Bond / Stock Rating - View Story

  • Luna Innovations Files For Bankruptcy Protection - Update

    7/17/09 - Joint Venture / Alliance - View Story

  • UPDATE 1-Hansen Medical sees Q2 revenue lower than expected

    7/06/09 - Financial Announcement - View Story

  • Luna Innovations Incorporated Q1 2009 Earnings Call Transcript

    5/14/09 - Lawsuit Filed - View Story

News & Analysis

hansen medical inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Frederic H. Moll President & CEO
Rob Younge Chief Technical Officer
Steven M. Van Dick Vice President, Finance and Administration and Chief Financial Officer
Christopher Sells Senior Vice President Commercial Operations
David C Forster Senior Vice President, Structural Heart Disease
David M. Shaw Senior Vice President, Business Development and General Counsel
M. Sean Murphy Senior Vice President, Engineering
Sean Murphy Senior Vice President, Engineering
Dan Wallace Vice President, Advanced Applications
Dave Pearce Vice President, Manufacturing
David Lundmark Vice President, Intellectual Property and Legal Affairs
Jed Palmacci Vice President, Sales
Judy Bartlett Vice President, Marketing
Judy Bartlett-Roberto Vice President, Marketing
Mark A. Maguire Vice President, Structural Heart
Nina Peled Vice President, Regulatory Affairs
Thomas A. Kramer Vice President, Clinical Affairs
Fred Moll Founder

Board of Directors

Name (plus bio) Position
F Thomas Watkins Board of Directors
Gary Restani Board of Directors
James M Shapiro Board of Directors
Jay Watkins Board of Directors
Joe Mandato Board of Directors
John G. Freund Board of Directors
Russell C. Hirsch Board of Directors
Thomas C. McConnell Board of Directors
Thomas M McConnell Board of Directors

Organization Position Status
Hansen Medical, Inc. President & CEO Current
Innovative Spinal Technologies, Inc Board of Directors Current
Hansen Medical, Inc. Director Current
Catalyst Health & Technology Partners Board of Directors Current
Aptus Endosystems Inc. Board of Directors Current
Aptus Endosystems Inc. Founder & CEO, Hansen Medical Former
Intuitive Surgical, Inc. Chief Executive Officer Former
Intuitive Surgical, Inc. Vice President Former
Intuitive Surgical, Inc. Co-Founder Former
Hansen Medical, Inc. Co-Founder Former
Intuitive Surgical, Inc. Medical Director Former
Guidant Corporation Medical Director of Guidant's Surgical Device Division Former
University of Washington School of Medicine M.D. Former
Stanford University MS Former
California Inc MS Former
University of California, Berkeley BA Former
University of Washington Degree Former

Rob Younge joined Frederic Moll, M.D., in 2002 to co-found Hansen Medical, where he is the company’s chief technology officer. In April 2006 he was appointed Principal Fellow. Prior to this, Younge co-founded Intuitive Surgical Inc., in 1995, and held the position of CTO. In 1979, Younge co-founded Acuson Corporation, a leading ultrasound developer and manufacturer, where he served as the company’s vice president of engineering from 1979 – 1989. In 1991, Younge became the general manager of Acuson’s transducer division, where he played a strategic role in introducing the company’s first flexible endoscopic ultrasound transducers. Acuson was acquired by Siemens Medical Solutions in 2000. Younge holds both a bachelor’s and master of science in electrical engineering from Stanford University.

Organization Position Status
Hansen Medical, Inc. Chief Technical Officer Current
Intuitive Surgical, Inc. Co-Founder Former
Intuitive Corporation Co-Founder Former
Hansen Medical, Inc. Fellow Former
Stanford University M.S.E.E Former

Steven Van Dick joined Hansen Medical in December 2005 as vice president of finance and administration and CFO. Prior to this, he was CFO for CryoVascular Systems, Inc., a medical device manufacturer, where he played a significant role in the completion of the merger between Cryo and Boston Scientific Corp. Before joining Cyro in April 2001, Van Dick served as CFO for Protogene Laboratories, Inc., a DNA microarray supplier. Beginning in 1996, Van Dick was CFO for CardioThoracic Systems, Inc., a medical device company, where he played a significant role in the completion of the merger between CTS and Guidant Corporation. Van Dick has worked in the medical device and imaging industry for 22 years in senior finance and administration roles. He began his career in 1978 at Main Hurdman, where he completed his certification as a CPA. Van Dick received a masters in business administration from the University of Santa Clara, and a bachelor of science in business administration, with a concentration in accounting from San Jose State University.

Organization Position Status
Hansen Medical, Inc. Vice President, Finance and Administration and Chief Financial Officer Current
Hansen Medical, Inc. Secretary Current
CardioThoracic Systems, Inc. Chief Financial Officer Former
Santa Clara University M.B.A. Former
San Jose State University B.S. Former

Christopher Sells joined Hansen Medical in June 2008 as the company’s senior vice president of commercial operations. Sells brings with him 21 years of experience within the medical device industry. Most recently, he served as senior vice president of the Americas for Aesthera Corporation. Prior to this, Sells was vice president of sales for Intuitive Surgical, Inc., where he was responsible for the Western United States robotic surgery business and was an integral part of the sales leadership team that built the company from an early stage start-up organization to over $400 million in revenue. While at Intuitive Surgical, Sells received consecutive U.S. vice president of the year awards. He also held senior management positions for Neotonus, Inc., Indigo Medical, Inc., LCA Vision and United States Surgical Corporation. Sells attended Indiana University.

Organization Position Status
Hansen Medical, Inc. Senior Vice President Commercial Operations Current

Organization Position Status
Hansen Medical, Inc. Senior Vice President, Structural Heart Disease Current

Organization Position Status
Hansen Medical, Inc. Senior Vice President, Business Development and General Counsel Current
Intuitive Surgical, Inc. Chief Patent Counsel Former
Kyphon, Inc. Vice President, Legal Affairs Former
Intuitive Surgical, Inc. Vice President Former
Kyphon, Inc. General Counsel Former
Kyphon, Inc. Secretary Former
Duke Law School J.D. Former
North Carolina State University B.S. In Chemical Engineering Former

Organization Position Status
Hansen Medical, Inc. Senior Vice President, Engineering Current

M. Sean Murphy, Ph.D., joined the company as a program management consultant in November 2005 and in April 2006 became Hansen's Senior Vice President, Engineering. From January 2001 to April 2005, Dr. Murphy served as Vice President, Engineering of Siemens Medical Solutions, a supplier of information technology solutions. From August 1996 to December 2000, Dr. Murphy served as director of engineering of Acuson Corporation, a manufacturer and service provider of diagnostic medical ultrasound systems. Dr. Murphy holds a B.S. and a Ph.D. from the University of Ulster, Northern Ireland.

Organization Position Status
Hansen Medical, Inc. Senior Vice President, Engineering Current

Dan Wallace joined Frederic Moll, M.D., in 2002 to co-found Hansen Medical, where he is the vice president of regulatory and clinical affairs. Prior to this, Wallace directed the creation and development of the robotic instruments at Intuitive Surgical, and was responsible for the group who designed, released and manufactured a suite of 13 robotically controlled surgical instruments. Before joining Intuitive Surgical, Wallace designed laparoscopic instruments for Origin MedSystems, as well as implantable highfidelity hearing aids for Symphonic Devices. He also worked as a flight controller in Houston Mission Control for the Space Shuttle program. Wallace received a bachelor of science in mechanical engineering from Rice University, and a master of science in mechanical engineering from Stanford University.

Organization Position Status
Hansen Medical, Inc. Vice President, Advanced Applications Current
Hansen Medical, Inc. Co-Founder Former
Intuitive Corporation Director of Instruments Development Former
Intuitive Corporation Manager Former
Stanford University M.S. Former
Rice University B.S. Former

Organization Position Status
Hansen Medical, Inc. Vice President, Manufacturing Current
Aradigm Corporation Board of Directors Former
The University of Texas B.S. Former

Organization Position Status
Hansen Medical, Inc. Vice President, Intellectual Property and Legal Affairs Current
Workcard Senior Vice President Former
Workcard General Counsel Former
University of California, Davis J.D. Former
University of California, Davis M.B.A. Former
University of California, Davis B.S. Former

Organization Position Status
Hansen Medical, Inc. Vice President, Sales Current
University of Maine B.S. Former

Organization Position Status
Hansen Medical, Inc. Vice President, Marketing Current

Judy Bartlett-Roberto joined Hansen Medical in March 2007 as Vice President, Marketing. Prior to this, she consulted for the company providing executive level marketing support for the technology launch of the SenseiT Robotic Catheter System. From 2001 - 2004, Ms. Bartlett-Roberto served as Director, AcuNav Market Development, Interventional Devices Business Organization at Siemens Medical Solutions. From 1992 - 2004, she worked in several senior management positions for Acuson Corporation, followed by Siemens, which acquired Acuson in 2000. Ms. Bartlett Roberto holds a B.S. from California State University Chico and a M.B.A. from Santa Clara University.

Organization Position Status
Hansen Medical, Inc. Vice President, Marketing Current
Santa Clara University M.B.A. Former
California State University, Chico B.S. Former

Organization Position Status
Hansen Medical, Inc. Vice President, Structural Heart Current

Organization Position Status
Aperon Biosystems Global Head and Vice President of Regulatory & Clinical Affairs Current
Hansen Medical, Inc. Vice President, Regulatory Affairs Current
Lumenis Ltd. Executive Vice President, Global Quality, Regulatory and Clinical Affairs Former
Hebrew University of Jerusalem Ph.D. Former
The University of Houston M.B.A. Former
Hebrew University of Jerusalem M.S. Former
Hebrew University of Jerusalem B.S. Former
The University of Houston B.S. Former

Organization Position Status
Hansen Medical, Inc. Vice President, Clinical Affairs Current
Hansen Medical, Inc. Board of Directors Current
Guidant Corporation Director of Research and Development Former
Hansen Medical, Inc. Senior Director Former
IVAC Corporation Former
Abbott Laboratories Former
San Diego State University M.S. Former
California Polytechnic State University B.S. Former

Organization Position Status
Kearny Venture Partners Founder of Intuitive Surgical and Senior Advisor Current
Hansen Medical, Inc. Founder Current
Kearny Venture Partners Board of Directors Current
Intuitive Surgical, Inc. Founder Former
Guidant Corporation Medical Director of Guidant's Surgical Device Division Former
University of Washington M.D. Former
University of California, Berkeley B.A. Degree In Economics Former

Organization Position Status
Hansen Medical, Inc. Board of Directors Current
Books Incorporated President Former
Guidant Corporation Vice President Former
Stanford University B.A. Former

Gary C. Restani joined the company as President and Chief Operating Officer in October 2006 and has served as a Director of Hansen since September 2006. Mr. Restani has served as a consultant in the medical device industry since July 2006. From December 1999 to June 2006, Mr. Restani served as President of Convatec, Inc., a health care company and a Bristol-Myers Squibb Company. From March 1995 to November 1999, Mr. Restani served as a President of various international divisions of Zimmer, Inc., a medical device and surgical tool company. From March 1990 to February 1995, Mr. Restani served as a President of various international divisions of Smith & Nephew Orthopedics, Inc., an orthopaedics, endoscopy and wound management company. Mr. Restani attended Sir George Williams University and Loyola College and completed the Tuck Executive Program at Dartmouth College.

Organization Position Status
Hansen Medical, Inc. Board of Directors Current
ConvaTec Ltd. President Former
Hansen Medical, Inc. President & COO Former
Dartmouth College Executive Program Former
Loyola College in Maryland Executive Program Former
Sir George Williams University Former

Organization Position Status
Spinalmotion Co-Founder Current
Kearny Venture Partners General Partner Current
Thomas Weisel Partners LLC Current
CVRx, Inc. Board of Directors Current
Cvrx Inc Board of Directors Current
Spinalmotion Board of Directors Current
Bausch & Lomb Surgical Board of Directors Current
Hansen Medical, Inc. Board of Directors Current
Kearny Venture Partners Board of Directors Current
Guidant Corporation Former
FoxHollow Technologies, Inc. Former
Boston Scientific Corporation Former
Stanford University M.B.A. Former
Princeton University B.A. Former

Organization Position Status
De Novo Ventures Managing Director Current
PhotoThera, Inc. Managing Director, Denovo Ventures Current
Synergeyes, Inc. Board of Directors Current
Pulmonx, Inc Board of Directors Current
Ebr Systems, Inc Board of Directors Current
Hansen Medical, Inc. Board of Directors Current
PhotoThera, Inc. Board of Directors Current
Books Incorporated President Former
Origin Inc. Founder Former
McKinsey & Company, Inc. Consultant Former
CardioGenesis Corporation Director Former
Gynecare Director Former
Stanford University Undergraduate Degree Former

Organization Position Status
De Novo Ventures Managing Director Current
Save The Children Board Member Current
Facet Solutions, Inc. Board Member Current
Hansen Medical, Inc. Board of Directors Current
Gynecare CEO Former
Guidant Corporation Chief Executive Officer Former
Gynecare President Former
Gynecare Co-Founder Former
Mayfield Fund Entrepreneur-in-Residence Former
Weatherhead School of Management Doctor of Management Former
Long Island University M.A. Former
Kellogg School of Management at Northwestern University Advanced Executive Program Former

Organization Position Status
Splashpaint Creative Founder Current
Allos Therapeutics, Inc. Board of Directors Current
Paintedfrog Studio Board of Directors Current
Splashpaint Creative Board of Directors Current
Technology Vision Group LLC Board of Directors Current
Hansen Medical, Inc. Board of Directors Current
Map Pharmaceuticals, Inc. Board of Directors Current
XenoPort Inc. Board of Directors Current
Westbury Partners Director Current
Xenoportinc.Com Board of Directors Current
Chancellor Capital Management Managing Director Former
Skyline Ventures Managing Director Former
Skyline Corporation Founder Former
Intuitive Surgical, Inc. Co-Founder Former
The Health Care Group Co-Founder Former
Morgan Stanley Co-Founder, Healthcare Group in the Corporate Finance Department Former
Intuitive Corporation Co-Founder Former
Skyline Ventures Founder Former
Skyline Ventures General Partner Former
The Health Care Group General Partner Former
Morgan Stanley Venture Partners General Partner Former
Private Equity West Coast Partner Former
Skyline Ventures Manager Former
Intuitive Corporation Director Former
Harvard Medical School M.D. Former
Harvard Business School M.B.A Former
Harvard College B.A. Former

Russell is a Managing Director of Prospect Venture Partners. Russell co-founded Prospect Venture Partners II and III, as dedicated life science funds with over $1 billion in capital under management. Prior to establishing Prospect Venture Partners II and III, Russell was a member of the Health Care Technology Group at Mayfield. He joined Mayfield in 1992, served as a Venture Partner from 1993 to 1994 and as a General Partner from 1995-2000. Russell played a key role in Mayfield's investment activities in the biotechnology and medical device sectors. As an Associate, he participated actively in the incubation of Millennium Pharmaceuticals and as a General Partner he was responsible for the incubation of Intuitive Surgical Devices both of which are now publicly traded. (NASDAQ: MLNM), (NASDAQ:ISRG). Prior to Mayfield, Russell was at the University of California San Francisco from 1984-1992 where he was engaged in biomedical research. His work, published in a variety of respected journals, focused on important aspects of hepatitis B viral replication. His descriptions of the reverse transcription and packaging functions of polymerase gene products merited publication in Nature. Russell serves or has served on the Board of Directors of Intuitive Surgical (NASDAQ: ISRG), Sunesis (NASDAQ: SNSS), Valentis (NASDAQ: VLTS), Opus Medical (NASDAQ: ARTC), Orquest (NASDAQ: JNJ), Visiogen, AVEO Pharmaceuticals, Hansen Medical, Portola Pharmaceuticals, Baxano, Dfine and several other privately-held companies. Russell serves as the Vice Chairman of the BOD of Interplast and on the Genetics Advisory Council of the Harvard Medical School-Partners Healthcare Center for Genetics and Genomics. Russell holds an M.D. and Ph.D. in Biochemistry from the University of California, San Francisco and a B.A. in Chemistry from the University of Chicago.

Organization Position Status
Prospect Venture Partners Managing Director Current
Prospect Management Company Managing Director Current
Sunesis Pharmaceuticals, Inc. Board of Directors Current
Interplast, Inc. Board of Directors Current
Rembrandt Venture Partners Advisory Board Member Current
Hansen Medical, Inc. Board of Directors Current
Interplast, Inc. Member Current
Prospect Venture Partners Co-Founder Former
Millennium Pharmaceuticals, Inc. General Partner Former
Prospect Venture Partners Managing Partner Former
Mayfield Venture Partner Former
Millennium Pharmaceuticals, Inc. Associate Former
University of California, San Francisco Researcher Former
Isrg, Inc. Former
Visiogen, Inc. Board of Directors Former
D-Fine Board of Directors Former
Baxano, Inc. Board of Directors Former
Intuitive Surgical, Inc. Board of Directors Former
Sentreheart, Inc. Board of Directors Former
Portola Pharmaceuticals, Inc. Board of Directors Current
Healthcare Technology Group Board of Directors Former
Sunesis Board of Directors Former
Urigen Pharmaceuticals, Inc. Board of Directors Former
University of California, San Francisco M.D. Former
The University of California, San Francisco Ph.D. in Biochemistry Former
University of California M.D. Former
University of Chicago M.D. Former
University of Chicago B.A. In Chemistry Former
Healthcare Technology Group Member Former

Organization Position Status
Vanguard Ventures General Partner Current
Asthmatx, Inc. Board Director Current
D-Fine Board of Directors Current
Hansen Medical, Inc. Board of Directors Current
Vanguard Ventures Board of Directors Current
Vanguard Ventures Managing Member Current
Western Association of Venture Capitalists President Former
Vanguard, Inc. General Partner Former
New Enterprise Associates General Partner Former
Apple Inc. product manager Former
The Boston Consulting Group, Inc. Consultant Former
The Boston Consulting Group, Inc. consultant Former
Stanford University MBA with honors Former
Stanford Graduate School of Business MBA Former
Dartmouth College A.B Former
Luminous Networks, Inc. member Former

Organization Position Status
Hansen Medical, Inc. Board of Directors Current
D-Fine Board of Directors Current
Vanguard Ventures Managing Member Current
Dartmouth College A.B. Former

Executive News

  • Hospital Spending Trends Still Look Rough For Pricey Devices

    Morningstar.com - 7/07/09 - View Story

  • UPDATE 1-Hansen Medical sees Q2 revenue lower than expected

    Reuters - 7/06/09 - View Story

  • Hansen Medical Announces Preliminary Second Quarter 2009 Revenue Results

    TradingMarkets - 7/06/09 - View Story

  • Hansen Medical expects Q2 sales dip to $3.3M

    Biz Journals - 7/06/09 - View Story

  • Hansen Medical, Inc.: Hansen Medical Announces Preliminary Second Quarter 2009 Revenue Results

    Market Wire - 7/06/09 - View Story

  • Hansen Medical Announces Preliminary Second Quarter 2009 Revenue

    Market Wire via MSN Money - 7/06/09 - View Story

  • Hansen Medical Announces Preliminary Second Quarter 2009 Revenue Results

    Marketwire via Yahoo! - 7/06/09 - View Story

  • Hansen Medical Announces Preliminary Second Quarter 2009 Revenue Results

    Stockwatch - 7/06/09 - View Story

advertisement
     HNSN $2.79 -0.01 (-0.36% )
Average Volume 466,995
Shares Outstanding 37.42M
Market Cap 104.4M
Year High 10.4
Year Low 2.5
Earnings Per Share -2.07
P/E Ratio -1.35
Dividend N/A
Yield N/A
advertisement