BNET Industries
- Private
- US
Dow Jones Description
Northstar Neuroscience is pioneering the development of cortical stimulation therapies. We are working with healthcare partners to develop clinical applications from the science of neurostimulation. Our solutions are tuned to the individual needs of patients offering greater hope for the renewal and recovery from neurological injury, disorder or disease enabling them to regain their quality of life. Northstar's Renova Cortical Stimulation System* is an investigational device that is in clinical trials for several indications, including stroke motor recovery, aphasia, tinnitus and depression. Northstar Neuroscience has developed the proprietary Renova Cortical Stimulation System that delivers targeted electrical stimulation to the outer surface of the brain - the cerebral cortex. The cortex controls or influences many important neurological functions. Because stimulation is delivered to the protective outer layer of the brain, it is more easily accessed than deeper brain structures resulting in a less invasive surgery. Cortical stimulation, the process of stimulating sections of the cerebral cortex, is being investigated for several clinical applications including stroke, tinnitus and depression.
Chief Executive Officer
S John JrNumber of Employees 36
Contact Information
2401 4th Ave Ste 300
Seattle, Washington 98121
(206) 902-1997 (IR)
Peer Companies
NAICS Code Electromedical and Electrotherapeutic Apparatus Manufacturing: 334510
Recent Events
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Northstar Neuroscience winds down
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St. Jude Medical Purchases Intellectual Property from Northstar Neuroscience
News & Analysis
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northstar neuroscience inc. - All News and Analysis
Northstar Neuroscience Shareholders Approve Liquidation
Greenbackd submits: The shareholders of Northstar Neuroscience Inc (NASDAQ:NSTR) have approved the complete liquidation of NSTR at a special meeting of shareholders. We started following NSTR because it was a net cash stock that has announced that it plans to liquidate. NSTR closed Friday at $1.97, giving...
Northstar Neuroscience, Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions Your first question comes from the line of Gregory Hertz from CTI. Please proceed – from Citi. Please proceed. Gregory Hertz – Citi For Matthew Dodds. How are you doing? John Bowers Hi, Greg. Ray...
Tang Capital Partners, LP Announces Proposal to Acquire Northstar Neuroscience, Inc
SAN DIEGO -- Tang Capital Partners, LP today announced that it has made a proposal to acquire Northstar Neuroscience, Inc. (NASDAQ: NSTR) in a negotiated transaction for a price of $2.25 per share in cash. The text of the letter sent to the Northstar Board of Directors making such proposal...
Northstar Neuroscience Inc Q1 2008 Earnings Conference Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from the line of Gregory Hearst of Citigroup. Please proceed. Gregory Hearst – Citibank Hi John and Hi Ray, how are you guys doing? John Bowers and Ray Calvert Hey Greg, how are you? Gregory Hearst – Citibank I am...
Northstar Neuroscience Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Your first question comes from the line Gregory Hearst with Citibank. Please proceed. Gregory Hearst– Citibank Hi, Ray and Hi John, this is Greg, can you hear me, alright? John Bowers You bet Greg. Gregory Hearst– Citibank By the way Matt is out...
Speak with other shareholders about: (OTCBB: BSGC), (OTCBB: DCNM), (BDGR: PinkSheets), (NASDAQ: NSTR).
M2 PRESSWIRE-24 January 2008-Stockwire.com: Speak with other shareholders about: (OTCBB: BSGC), (OTCBB: DCNM), (BDGR: PinkSheets), (NASDAQ: NSTR).C1994-2008 M2 COMMUNICATIONS LTD RDATE:24012008 AUSTIN, TX -- Are you looking to speak with other investors about your favorite stock in real-time? Stockwire.com,...
Northstar Neuroscience Awarded U.S. Patent for Cortical Stimulation Therapy
Patent Applies to a Number of Applications for Cortical Stimulation SEATTLE -- Northstar Neuroscience, Inc. (Nasdaq: NSTR), a developer of innovative medical devices for the treatment of neurological diseases and disorders, today announced that it has been awarded patent number 7,146,217 by the U.S. Patent and Trademark Office USPTO...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| S John Jr | Chief Executive Officer |
| Brian B. Dow | CFO, Secretary & Vice President, Finance |
| Amy J Peterson | Vice President, Regulatory Affairs & Quality Sys |
| Brad Gliner | Vice President, Research |
| Bradford E. Gliner | Vice President, Research |
| Brian Kopell | Vice President, Medical Affairs and Medical Director |
| Brian Koppel | Vice President, Medical Affairs |
| Deborah Sheffield | Vice President, Clinical and Regulatory Affairs |
| John M Ray | Vice President, Product Quality and Operations |
| Lori J. Glastetter | Vice President, Regulatory Affairs and Quality Assurance |
| Matt Gani | Vice President, Product Dev |
| Matthew J. Gani | Vice President, Product Development |
| Scott C. Lynch | Vice President, Marketing |
| Alan Levy | Co-Founder |
| Allen Wyler | Medical Director |
| W Douglas Sheffield | Director of New Technology |
| Wende S. Hutton | Current Class II Director |
| Kevin C Tang | |
| Seth Rudnick | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| A Jay Graf | Board of Directors |
| Carol Winslow | Board of Directors |
| Jay Graf | Board of Directors |
| Jesse I. Treu | Board Member |
| John S. Bowers | Board of Directors |
| Robert E McNamara | Board of Directors |
| Susan Barnes | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Chief Executive Officer | Current |
| Northstar Neuroscience, Inc. | Board of Directors | Current |
| Northstar Neuroscience, Inc. | Chief Operations Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | CFO, Secretary & Vice President, Finance | Current |
| Qpass, Inc. | Corporate Controller | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Vice President, Regulatory Affairs & Quality Sys | Current |
| Wittenberg University | B.A. Degree In Biology | Former |
Brad Gliner has been our Vice President, Research, since September 2004, and from June 1999 to September 2004 was our Director of Research. Prior to joining Northstar, Brad was a founder and held various research positions at Heartstream, Inc. Brad holds a B.S. in Electrical Engineering from the University of Illinois and an M.S. in Biomedical Engineering from Johns Hopkins University. Brad's focus at Northstar is to lead research activities.
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Vice President, Research | Current |
| The Johns Hopkins University | M.S. In Biomedical Engineering | Former |
| University of Illinois | B.S. In Electrical Engineering | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Vice President, Research | Current |
| Hewlett-Packard Company | Director of Research | Former |
| The Johns Hopkins University | M.S. In Biomedical Engineering | Former |
| University of Illinois | B.S. In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Vice President, Medical Affairs and Medical Director | Current |
| Northstar Neuroscience, Inc. | Consultant | Current |
| Medical College of Wisconsin | Assistant Professor | Current |
| Northstar Neuroscience, Inc. | Board of Directors | Current |
| New York University School of Medicine | M.D. | Former |
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Vice President, Medical Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Vice President, Clinical and Regulatory Affairs | Current |
| Northstar Neuroscience, Inc. | Director of Regulatory Affairs | Current |
| Oakland University | M.S. In Applied Statistics | Former |
| University of Cincinnati | Certificate In Clinical Research | Former |
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Vice President, Product Quality and Operations | Current |
| Foundation Medical Partners L.P. | Vice President, Product Quality and Operations | Current |
| Northstar Neuroscience, Inc. | Director, Product Quality & Operations | Former |
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Vice President, Regulatory Affairs and Quality Assurance | Current |
| Northstar Neuroscience, Inc. | Co-Founder | Current |
| California State University, Fullerton | M.B.A. | Former |
| California State University | M.B.A. | Former |
| California State University Long Beach | B.S. In Microbiology | Former |
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Vice President, Product Dev | Current |
| Northstar Neuroscience, Inc. | Director, Product Development | Former |
| University of New South Wales | Bachelor of Science (Applied Mathematics) | Former |
Matt Gani has been Northstar's Vice President of Product Development since January 2007 and served as the Director of Product Development since June 2005. Mr. Gani's focus at Northstar is to lead the development team in design and implementation of cortical stimulation technologies. Mr. Gani has over 22 years experience in the development of Class III implantable medical devices. Previously, Mr. Gani served as Senior Director, Program Management and Software Development at Micro Systems Engineering, Inc., an implantable medical device company. Mr. Gani holds a B.S. in Applied Mathematics and a B.E. in Electrical Engineering from the University of New South Wales.
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Vice President, Product Development | Current |
| Foundation Medical Partners L.P. | Vice President, Product Development | Current |
| Northstar Neuroscience, Inc. | Director of Product Development | Former |
| University Corp. | B.E. In Electrical Engineering | Former |
| University of New South Wales | B.E. In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Foundation Medical Partners L.P. | Vice President, Marketing | Current |
| Northstar Neuroscience, Inc. | Vice President, Marketing | Current |
| University of Minnesota | Bachelor of Science Degree In Mechanical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Co-Founder | Current |
| Frazier Healthcare Ventures | Venture Partner, Medical Devices, Seattle | Current |
| Intuitive Surgical, Inc. | Chair | Current |
| Foundation Medical Partners L.P. | Chairman, Board of Directors | Current |
| Barosense, Inc. | Board of Directors | Current |
| Proteus Biomedical, Inc. | Board of Directors | Current |
| ORTHOCON, Inc. | Board of Directors | Current |
| Proteus Inc. | Board of Directors | Current |
| Intuitive Surgical, Inc. | Director | Current |
| Seattle Biomedical Research Institute | Board of Directors | Current |
| Northstar Neuroscience, Inc. | CEO | Former |
| Intuitive Surgical, Inc. | President, Chief Executive Officer | Former |
| Heartstream | CEO | Former |
| Heartstream | President | Former |
| Northstar Neuroscience, Inc. | President | Former |
| Ethicon, Inc. | Vice President of Research and New Product Development | Former |
| Northstar Neuroscience, Inc. | Chairman and Director | Former |
| Ethicon, Inc. | Board of Directors | Former |
| Purdue University | Ph.D. In Organic Chemistry | Former |
| City University of New York | B.S. In Chemistry | Former |
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Medical Director | Current |
| Foundation Medical Partners L.P. | Medical Director | Current |
| Swedish Medical Center | Former | |
| University of Washington | M.D. | Former |
| University of Washington | B.A. | Former |
| University of Washington | medical degree | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Director of New Technology | Current |
| New Technology, Inc. | Director | Current |
| Johnson & Johnson | Former | |
| The Johns Hopkins University | B.A. In Biology | Former |
| Organization | Position | Status |
|---|---|---|
| Canaan Partners | General Partner | Current |
| Northstar Neuroscience, Inc. | Current Class II Director | Current |
| Alsius Corporation | Executive Compensation | Current |
| Senorx, Inc. | Board of Directors | Current |
| Alsius Corp | Board of Directors | Current |
| Bipar Sciences, Inc | Board of Directors | Current |
| Spaltudaq Corporation | Board of Directors | Current |
| Alsius Corporation | Board of Directors | Current |
| Aperon Biosystems | Board of Directors | Current |
| Mayfield Fund | Managing Director | Former |
| Mayfield | General Partner | Former |
| Spring Ridge Ventures | General Partner | Former |
| Mayfield Fund | General Partner | Former |
| Nellcor | Management Positions | Former |
| Oculir, Inc. | Board of Directors | Former |
| ReVision Optics | Board of Directors | Former |
| Micro Therapeutics, Inc. | Board of Directors | Former |
| Northstar Neuroscience, Inc. | Investor | Former |
| Spine Wave, Inc. | Investor | Former |
| Harvard University | M.B.A. | Former |
| Harvard Business School | MBA | Former |
| Stanford University | A.B. In Human Biology | Former |
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Northstar Neuroscience, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Biohealing | Director, Founder and Principal of Channel Medical Partners, Details | Current |
| Alsius Corporation | Board of Directors | Current |
| Northstar Neuroscience, Inc. | Board of Directors | Current |
| Cylex Incorporated | Board of Directors | Current |
| Foundation Medical Partners L.P. | Board of Directors | Current |
| Channel Medical Partners | Founder | Former |
| Channel Medical Partners | Principal | Former |
| Vector Securities International, Inc. | Senior Medical Device Analyst | Former |
| Medtronic, Inc. | held a variety of management positions | Former |
| Dain Bosworth, Inc. | Senior Medical Device Analyst | Former |
| Jefferies LLC | Former | |
| University of Minnesota | M.B.A. | Former |
| Mount Holyoke College | A.B. | Former |
| Organization | Position | Status |
|---|---|---|
| New Enterprise Associates | Venture Partner | Current |
| Northstar Neuroscience, Inc. | Board of Directors | Current |
| American Medical Systems, Inc. | Board of Directors | Current |
| Anulex | Board Member | Current |
| Guidant Corporation | Chairman | Former |
| Indiana University | Masters in Business Administration degree in finance | Former |
| Boston University | Bachelor of Science Degree In Business and Economics | Former |
Jesse I. Treu, Ph.D. , has been a Partner of Domain since its inception 22 years ago. He has been a director of over 30 early-stage health care companies, 18 of which have so far become successful public companies. Present board memberships include Altea Therapeutics, Aesthetic Sciences, BiPar Sciences, CoLucid, Regado Biosciences, SenoRx and Somaxon Pharmaceuticals. Past board memberships include Biosite Diagnostics, Dianon Systems, DNX, GelTex Pharmaceuticals, Inspire Pharmaceuticals, Iomai, Lumisys, NPS Pharmaceuticals, Northstar Neuroscience, OraPharma, Sepracor, Trimeris and Viagene. He has served as a Founder, President and Chairman of numerous venture stage companies. Prior to the formation of Domain, Dr. Treu had 12 years of experience in the health care industry. Dr. Treu was V.P. of the predecessor organization to The Wilkerson Group, and its venture capital arm, CW Ventures. While at CW Ventures, he served as President and CEO of Microsonics, a pioneer in computer image processing for cardiology. From 1977 through 1982, Dr. Treu led new product development and marketing planning for immunoassay and histopathology products at Technicon Corporation (now Siemens Medical Solutions Diagnostics). Dr. Treu began his career with GE in 1973, initially as a research scientist developing thin film optical sensors for immunoassay testing, and subsequently serving on the corporate staff with responsibility for technology assessment and strategic planning. Dr. Treu received his B.S. from Rensselaer Polytechnic Institute and from Princeton University his M.A. and Ph.D. degrees in physics.
| Organization | Position | Status |
|---|---|---|
| Domain Inc. | Partner | Current |
| Domain Associates LLC | Partner | Current |
| Somaxon Pharmaceuticals, Inc. | Director, Chairman of the Compensation Committee | Current |
| Bipar Sciences, Inc | Director | Current |
| Regado Biosciences, Inc. | Board of Directors | Current |
| Somaxon Pharmaceuticals, Inc. | Board Member | Current |
| Northstar Neuroscience, Inc. | Board Member | Current |
| Altea Therapeutics | Board Member | Current |
| Domain Associates LLC | Managing Member | Current |
| The Wilkerson Group | V.P | Former |
| General Electric Company | research scientist | Former |
| NPS Pharmaceuticals, Inc. | Board Member | Former |
| Viagene, Inc. | Board Member | Former |
| Iomai Corporation | Board Member | Former |
| Dianon Systems, Inc. | Board Member | Former |
| Inspire Pharmaceuticals, Inc. | Board Member | Former |
| Sepracor Inc. | Board Member | Former |
| Trimeris, Inc. | Board Member | Former |
| GelTex Pharmaceuticals | Board Member | Former |
| Senorx, Inc. | Board Member | Former |
| Princeton University | Ph.D | Former |
| Princeton University | MA | Former |
| Rensselaer Polytechnic Institute | BS | Former |
| Organization | Position | Status |
|---|---|---|
| Foundation Medical Partners L.P. | President, Chief Executive Officer and Director | Current |
| Northstar Neuroscience, Inc. | Board of Directors | Current |
| Northstar Neuroscience, Inc. | President & CEO | Former |
| Northstar Neuroscience, Inc. | Executive Vice President | Former |
| Guidant Corporation | Director of Global Marketing | Former |
| Northstar Neuroscience, Inc. | Executive Officer | Former |
| Eli Lilly and Company | Former | |
| Harvard University | M.B.A. | Former |
| Gonzaga University | B.A. In Economics, Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Foundation Medical Partners L.P. | Board of Directors | Current |
| Northstar Neuroscience, Inc. | Board of Directors | Current |
| Somnus Medical Technologies, Incorporated | Chief Financial Officer | Former |
| Target Therapeutics | Chief Financial Officer | Former |
| Recourse Technologies | Chief Financial Officer | Former |
| Somnus Medical Technologies, Incorporated | Executive Vice President | Former |
| Recourse Technologies | Senior Vice President | Former |
| Symantec Corporation | Former | |
| Microsoft Corporation | Former | |
| Wharton Graduate School of the University of Pennsylvania | M.B.A. | Former |
| Pennsylvania, Inc. | B.A. In Accounting | Former |
| University of San Francisco | B.A. In Accounting | Former |
Prior to joining Canaan, Seth served as CEO and Chairman at CytoTherapeutics (CTII). Before that, he helped start and served as head of R&D for Ortho Biotech, a division of Johnson & Johnson. In that role, he led the development efforts for a portfolio of projects which are still responsible for significant Johnson and Johnson revenues. He began his industrial career at Schering-Plough where he ran clinical trials for the alpha interferon project, and later transferred to Biogen to run that company's pharmaceutical development efforts. His academic career began when he served on the medical and public health faculty at Chapel Hill. Seth is a Clinical Professor of Medicine at Chapel Hill where he teaches and advises the faculty on biotechnology issues. Recently, Seth was included in the 2006 Midas List, a prominent venture capital listing which ranks the best dealmakers in high-tech and life sciences.
| Organization | Position | Status |
|---|---|---|
| Canaan Partners | Venture Partner | Current |
| University of North Carolina, Chapel Hill | Clinical Professor of Medicine | Current |
| Liquidia Technologies Inc | Chairman | Current |
| VaxInnate Corporation | Board of Directors | Current |
| Northstar Neuroscience, Inc. | Director | Current |
| Immunicon Corporation | Director | Current |
| Chimerix, Inc. | Director | Current |
| Cytotherapeutics, Inc. | CEO | Former |
| Ortho Biotech Inc. | Head of R&D | Former |
| Johnson & Johnson | Former | |
| Schering-Plough Corporation | Former | |
| Cytotherapeutics, Inc. | Chairman | Former |
| University of Virginia | M.D. | Former |
| University of Virginia | Degree | Former |
| Organization | Position | Status |
|---|---|---|
| The Nueva School | President, Nueva Board | Current |
| Advanced Biohealing | Chief Financial Officer and Assistant Secretary of Intuitive Surgical | Current |
| Foundation Medical Partners L.P. | Board of Directors | Current |
| Northstar Neuroscience, Inc. | Board of Directors | Current |
| The Computer Company, Inc. | CFO | Former |
| NeXT Computer, Inc. | Chief Financial Officer | Former |
| Intuitive Surgical, Inc. | Chief Financial Officer | Former |
| The Computer Company, Inc. | Vice President | Former |
| NeXT Computer, Inc. | Vice President | Former |
| Jefferies LLC | managing director | Former |
| Next Inc. | Founder | Former |
| Canaan Partners | Venture Partner | Former |
| Spring Ridge Ventures | General Partner | Former |
| RAE Systems Inc. | Chair | Former |
| Intuitive Surgical, Inc. | Board of Directors | Former |
| Wharton Graduate School of the University of Pennsylvania | MBA | Former |
| Stanford University | B.A. in human biology | Former |
| Bryn Mawr College | BA | Former |
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