ThermoGenesis Names Jorge Artiles Vice President, Chief Quality and Regulatory Affairs Officer
20 October 2009 - 5:00AM
PR Newswire (US)
EXECUTIVE HAS MORE THAN TWO DECADES OF MEDICAL DEVICE EXPERIENCE
RANCHO CORDOVA, Calif., Oct. 19 /PRNewswire-FirstCall/ --
ThermoGenesis (NASDAQ:KOOL), a leading supplier of innovative
products for processing and storing adult stem cells, said today
that Jorge F. Artiles has joined the Company as Vice President,
Chief Quality and Regulatory Affairs Officer, effective
immediately. Artiles has more than two decades of quality and
regulatory affairs experience in the medical device industry, with
expertise in quality system development and compliance, project
management and process optimization. Most recently, Artiles was
Vice President, Quality Assurance and Regulatory Affairs, for
Physio Control, a division of Medtronic. Before that, he held a
similar position at Cytyc Surgical Products, where he was
responsible for quality and regulatory affairs at two manufacturing
sites. Artiles has also held quality and regulatory management
positions with Teleflex Medical, Abbott Laboratories, Boston
Scientific and Baxter Healthcare. He holds a B.S. in Industrial
Technology and an M.S. in Quality Assurance and Industrial
Technology from San Jose State University. "While we have made
significant progress with our product quality initiatives over the
past year, Jorge brings a level of expertise and experience that
will be critical to our growth as we expand our product offerings
and develop new market opportunities," said J. Melville Engle,
Chief Executive Officer of ThermoGenesis. "He has extensive
experience in developing and managing quality assurance programs
and procedures, implementing sourcing, manufacturing and cost
control initiatives and ensuring regulatory compliance within both
large organizations and at a divisional level," Engle added. About
ThermoGenesis Corp. ThermoGenesis Corp.
(http://www.thermogenesis.com/) is a leader in developing and
manufacturing automated blood processing systems and disposable
products that enable the manufacture, preservation and delivery of
cell and tissue therapy products. These products include: -- The
BioArchive® System, an automated cryogenic device, is used by cord
blood stem cell banks in more than 25 countries for cryopreserving
and archiving cord blood stem cell units for transplant. -- AXP®
AutoXpress(TM) Platform (AXP), a proprietary family of automated
devices that includes the AXP and the MXP(TM) MarrowXpress and
companion sterile blood processing disposables for harvesting stem
cells in closed systems. The AXP device is used for the processing
of cord blood. GE Healthcare is the exclusive global distribution
partner for the AXP cord blood product except for Central and South
America, China (except Hong Kong), Russia/CIS and Japan, where
ThermoGenesis markets through independent distributors. The MXP is
used for isolating stem cells from bone marrow. -- The Res-Q(TM) 60
BMC (Res-Q), a point of care system that is designed for bone
marrow stem cell processing. This product was launched in July
2009. -- The CryoSeal® FS System, an automated device and companion
sterile blood processing disposable, is used to prepare fibrin
sealants from plasma in about an hour. The CryoSeal FS System is
approved in the U.S. for liver resection surgeries. The CryoSeal FS
System has received the CE-Mark which allows sales of the product
throughout the European community. Asahi Medical is the exclusive
distributor for the CryoSeal System in Japan and the Company
markets through independent distributors in Europe and South
America. This press release contains forward-looking statements,
and such statements are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. These
statements involve risks and uncertainties that could cause actual
outcomes to differ materially from those contemplated by the
forward-looking statements. Several factors, including timing of
FDA approvals, changes in customer forecasts, our failure to meet
customers' purchase order and quality requirements, supply
shortages, production delays, changes in the markets for customers'
products, introduction timing and acceptance of our new products
scheduled for fiscal years 2010, and introduction of competitive
products and other factors beyond our control, could result in a
materially different revenue outcome and/or in our failure to
achieve the revenue levels we expect for fiscal 2010. A more
complete description of these and other risks that could cause
actual events to differ from the outcomes predicted by our
forward-looking statements is set forth under the caption "Risk
Factors" in our annual report on Form 10-K and other reports we
file with the Securities and Exchange Commission from time to time,
and you should consider each of those factors when evaluating the
forward-looking statements. ThermoGenesis Corp. Web site:
http://www.thermogenesis.com/ Contact: Investor Relations
+1-916-858-5107, or DATASOURCE: ThermoGenesis Corp. CONTACT:
Investor Relations of ThermoGenesis Corp., +1-916-858-5107, Web
Site: http://www.thermogenesis.com/
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