MEDICAL implants developer Nextremity Solutions, Inc. (Red Bank, New Jersey, USA) has announced that its board of directors has named Rod K. Mayer, 54, to serve as the company's chief executive officer and president.
Mr Mayer has a 34-year history in the orthopaedic industry with extensive entrepreneurial experience in sales, distribution, and business development. Since starting his successful orthopaedic sales career with Depuy in 1977, he has founded and/or co-founded Lake City Medical, a contract manufacturer of orthopaedic instruments and implants, DVO, an extremity based orthopaedic company acquired by Tornier, Inc., and most recently, Del Palma Orthopedics, a product development company. He also serves on the boards of Articulinx and Conventus Orthopaedics.
"Nextremity Solutions has achieved over 2000 implants in 2012 with very good early clinical results," said Dr. Stuart Katchis, a founder of Nextremity Solutions and section chief of Foot and Ankle Surgery at Lennox Hill Hospital in NYC. "Rod brings to the management team the strategic business development leadership skills necessary to deliver the next stage of growth for the Company. We are encouraged also in his proven ability to be able to capitalize on our strong pipeline of clinically relevant forefoot and midfoot future products."
The Nextra System is 510(k) cleared and CE Marked. Sales in the US and Europe reached 2,000 implants and over $2 million in 2012. The Company is recently in a beta-launch of three additional single use, sterile implant and instrument systems, called Precision Ready. These include feature-rich cannulated compression screws, internal drive mini-screws and snap-off staple technology to complement the highly successful Nextra System. (MMD Newswire)
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