Located in SUNRISE, Florida, Bioheart is committed to developing stem cell therapies to treat congestive heart failure, lower limb ischemia, chronic heart ischemia, acute myocardial infarctions, and other medical problems. Yesterday, Bioheart took a major step towards prominence with the announcement that industry-veteran Frank Young has joined their company as a financial consultant.
Young brings with him more than 30 years of experience launching and managing venture-backed companies in the technology and healthcare industries, and he has served as the young company’s CFO from 2003 to 2005.
Earlier in his career, Young worked as CFO with CURNA, a healthcare company known for its discovery of new therapeutic compounds. He engineered the sale of the company in fewer than two years for more than five times the invested capital. He also worked as CFO with Mitral Solutions and Hyperion. As CFO with Bioheart, Young assisted in raising more than $9.5 million from investors in addition to negotiating international manufacturing arrangements and joint ventures.
Leading the way at Bioheart is Mike Tomas whom serves as the company’s President and CEO. In reference to this press release, Tomas stated, “Frank’s entrepreneurial spirit and successful fundraising strategies, combined with his previous accomplishments at Bioheart, make him an ideal fit for Bioheart. Frank has a proven track record launching, managing and financially advising numerous companies across the healthcare industry.”
When asked his thoughts on the new position, Young stated, “I look forward to becoming an integral part of Bioheart’s financial future as it continues to develop life-saving technologies for victims of heart disease.”
Currently, Bioheart is trading in the $0.04 range. To learn more about the company as a whole, visit their corporate website at www.bioheartinc.com
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment