22.05.2008 20:30:00
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Abiomed Appoints Martin P. Sutter to Its Board of Directors
Abiomed, Inc. (NASDAQ: ABMD) announced today that Martin P. Sutter has
been appointed to its Board of Directors. Mr. Sutter is one of the two
founding managing directors of Essex Woodlands Health Ventures, one of
the oldest and largest healthcare focused venture capital firms with
nearly $3 billion under management. Mr. Sutter has more than 30 years of
management experience in operations, marketing, finance and venture
capital.
Mr. Sutter currently serves on the Board of Directors of BioForm
Medical, LaJolla Pharmaceuticals, and LifeCell Corporation, which is in
the process of being acquired by Kinetic Concepts, Inc. (KCI). He
formerly sat on the Board of Confluent Surgical, which was acquired by
Tyco International; Rinat Neuroscience, which was acquired by Pfizer
Inc.; and St. Francis Medical Technologies, which was acquired by
Kyphon, Inc. Mr. Sutter is also responsible for the partnership’s
investment in Spinal Concepts, which was acquired by Abbott Laboratories.
"I am honored to join the Board of Directors
of Abiomed and look forward to contributing to the Company’s
growth and success,” said Mr. Sutter.
"Mr. Sutter brings a breadth of strategic and operational experience in
helping companies grow shareholder value and we are excited to welcome
him to Abiomed’s Board of Directors," said
Michael R. Minogue, Chairman, CEO and President of Abiomed.
Mr. Sutter holds a Bachelor of Science from Louisiana State University
and a Masters in Business Administration from the University of Houston.
ABOUT ABIOMED
Based in Danvers, Massachusetts, Abiomed, Inc., is a leading provider of
medical devices that provide circulatory support to acute heart failure
patients across the continuum of care in heart recovery. Our products
are designed to enable the heart to rest, heal and recover by improving
blood flow and/or performing the pumping of the heart. For additional
information please visit: www.abiomed.com.
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