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Mr. Gifford leads The Foundry in all of its activities, including the identification and early development of new technologies, the formation, staffing and growth of new companies, and serving as a board member of the
new ventures. Most recently, Mr. Gifford was Vice President of Research and Development at Heartport, Inc.. From 1993-1998, he built and led a 62-person team developing a wide variety of novel devices and procedures for Minimally Invasive
Cardiac Surgery that were instrumental in the company's enormously successful public offering in 1996. Heartport's market capitalization at its peak in 1996 reached over $1 billion. In 1992, Mr. Gifford and Professor Dr. Berthold Hoefling
co-founded Bavaria Medizin Technologie (BMT), GmbH, to develop innovative drug delivery catheters and to establish a German source for innovation and production of catheters for Interventional Cardiology. During the two-year period
following the founding of this business, he served in the role of Managing Director of BMT until such time as he transitioned management of the company to a German national. In 1990, Mr. Gifford and John B. Simpson, MD, Ph.D., founded
Cardiovascular Therapeutic Technologies, Inc., a business devoted to the development of innovative local drug delivery catheters for thrombolytic and antiproliferative agents. Eli Lilly and Company acquired this business for its technology
in 1991, and it became the original basis for Guidant's Compass organization. From 1985-1990, Mr. Gifford worked at Devices for Vascular Intervention (DVI), where he was the driving force behind the design of the company's first generation
Peripheral and Coronary atherectomy systems. In addition, during this period he served in various Clinical Research and Marketing capacities. Before joining DVI, Hanson worked in an engineering role at Oximetrix, Inc., working in the field
of intravascular blood gas monitoring
In medical business news, imaging software firm Riverain Medical hopes to boost sales of a product that helps detect lung cancer. The company’s technology allows radiologists to see behind ribs and clavicles to get a better view of pulmonary nodules. Read more about this company’s promising future.
A treatment for tinnitus is the goal of two Ohio University colleagues who were frustrated by the lack of options for those suffering from this hearing disorder. Read more to find out how this medical device differs from its competitors.
Biotech companies will no longer be able to use wet laboratory space at Cincinnati incubator BioStart in September. However, the organization will continue to offer other services, such as market research, business model assistance and team-building support.
Biotech companies will have a new resource in the Ohio University Innovation Center’s new biotech research and development facility. Read more to learn about what it will offer.
Cleveland Clinic is looking for a design for a surgically implantable microsensor. Are you up for the $30,000 challenge?
Choosing the right clinical research organization plays a key role in a successful clinical trial. Read about how to tell whether a CRO is a good fit for your company.
Every year Cleveland Clinic compiles a list of the best healthcare innovations for the future. Here are our suggestions for the best healthcare innovations in recent biotech news.
A health IT startup is developing a mobile app that it hopes will improve patients’ wellness through diet. Read more to find out about the company’s plans.
Are bioresorbable stents from one company better than another? Arterial Remodeling Technologies thinks so. The company boasts that its stents offer faster and smoother bioresorption and crack-free expansion.
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