Mr. Howe, 54, has more than 26 years of senior management experience in the medical device industry. Prior to joining Sanarus, Mr. Howe had been the Chief Financial Officer for Eunoe, Inc. a venture backed medical device company that focused on the development and clinical testing of a treatment for Alzheimer's disease. From 1999 to 2002, Mr. Howe held the position of Chief Financial Officer for VidaMed, Inc., a publicly traded medical device company specializing in RF energy based urological systems for treating enlarged prostates that was sold to Medtronic in 2002. In addition Mr. Howe has held several senior level financial and operational positions with Nellcor Puritan Bennett, and with IVAC Corporation, a subsidiary of Eli Lilly.
"We would like to thank John Rush for his contributions and wish him the best in his new endeavors," stated Farah Champsi, Managing Director of Alta Partners and Director of Sanarus. "We are delighted to promote John Howe to President and CEO. Mr. Howe is an executive with outstanding qualifications and an intimate knowledge of the Company's operations. We look forward to his leadership of Sanarus as it continues its momentum in commercializing products for minimally invasive breast surgery."
About Sanarus Medical
Sanarus Medical, Inc., headquartered in Pleasanton, California, is dedicated to advancing women's health by providing a full line of minimally invasive products for the diagnosis and treatment of breast disease. The company is founded in innovative proprietary cryo-technologies uniquely designed for breast biopsy, tumor localization and ablation. The Sanarus cryoablation technology enables a safe and effective office-based procedure at reduced cost. This provides an important alternative for women that currently have to undergo an operating room based, surgically intensive procedure. Privately held, Sanarus Medical is funded by leading healthcare venture capital investors, including U.S. Venture Partners, Forward Ventures, Federated Kaufman Funds, Alta Partners, Pequot Ventures, Easton Capital Partners, Mosaix Ventures, Industry Ventures, and CHANNEL Medical Partners. For more information, visit our website at http://www.sanarus.com.