ReVivo Medical, LLC announced today that Gary Mittleman has joined its management team as President and CEO. “It was time to begin the transition process from laboratory research and design to product commercialization.” Says Eric Ledet, PhD. a founder and board member of the Company. “We think Gary is a great fit for our organization, he has proven skills as a business leader, and is particularly strong in creating value for small high growth companies.”
Spinal surgeries often use plates (akin to splints) to hold the vertebrae in place during the healing process. Worldwide, the plates comprise nearly $1 billion in sales. “The industry, had gotten a little lazy and there had not been any innovated design changes to these plates in years which is what brought the founders of ReVivo Medical together,” explained Mr. Mittleman. Darryl DiRisio, MD. a spinal surgeon at Albany Medical Center and two biomedical engineers (Eric Ledet, PhD. and Glenn Sanders, PhD.) teamed up in 2011 with the aim of developing products that improve patient health, facilitate an easier surgery process and reduce costs in this ever competitive healthcare arena. Mr. Mittleman goes on to state that “two patents are now pending, which when issued are likely to produce a huge competitive advantage for the Company in the area of elastic micro-motion implantable products.” The Company expects its first commercial sales in 2017.
About ReVivo Medical, LLC., headquartered in Guilderland, New York, is developing elastic micro-motion implantable medical products for use by surgeons on patients with spinal pathology.