TEL AVIV, Israel, February 11, 2013 /PRNewswire/ --
InspireMD, Inc. ("InspireMD" or the "Company") (OTC: NSPRD) announced that Michael Berman joined its board of directors.
Mr. Berman previously served as a Senior Vice President of Boston Scientific Corp., Group President of its cardiology businesses, and a member of the Executive Committee.
Since leaving Boston Scientific, Mr. Berman co-founded or was a founding director of seven medical technology companies, three of which were sold for more than $350 million, plus $100 million in contingent payments. He currently serves on the board of eight other medical industry companies.
Mr. Berman's career-long experience in the field of interventional cardiology began in 1986 when he joined Scimed (now part of Boston Scientific in the U.S.) and led its global marketing efforts during a dynamic growth phase of the company.
In 1995, after Scimed's merger with Boston Scientific, Mr. Berman was named President of the merged company, Boston Scientific/Scimed. By then, Scimed's annual revenues had grown from zero in 1986 to $300 million. Under his leadership as President, the company increased worldwide sales five-fold to $1.5 billion.
"We are delighted to welcome Mike to our board", said Sol J. Barer , PhD, Chairman of the Board of InspireMD. "He's been an incredibly successful executive and entrepreneur in the field of medical devices and interventional cardiology and he has the kind of skill sets, experience and wisdom we all feel will bring valuable insights in strengthening and advancing our strategic focus."
"I am also delighted Mike has joined our board as we near an inflection point for the company in both the commercial and clinical dimensions of our business", added Alan Milinazzo , InspireMD's CEO. "Mike brings a wealth of firsthand ex
|SOURCE Inspire MD|
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