BioStar Ventures Management

Medical Venture Partners & Advisors

Louis Cannon, MD, Founder & Senior Managing Director

Steven R. Bailey, MD, FACC, FACP

Renee Masi, Managing Director

Alan Davis, MD

Steven L. Almany, MD, Managing Director

Carl Deirmengian, MD

Jeffrey F. O'Donnell, Venture Partner

Peter J. Fitzgerald, MD, PhD, FACC

David J. Brophy, Ph.D., Director

Jim Krieg, MD

Paul A. Scott, CFO

Mark Reisman, MD, FACC

Lisa Riedmiller, Controller

Frank Shannon, MD, FACS

Ann Nagi, Fund Administrator

Gregg W. Stone, MD, FACC, FACP

Steve Yakubov, MD, FACC


Management

Louis Cannon, MD, FACC, FACP, FACA, FCCP
Founder, Senior Managing Director

Louis Cannon

Dr. Cannon is a former Judith Volkman scholar in residence, and is the Founder and Senior Managing Director of BioStar Ventures. He has been repeatedly honored as one of "America’s Top Interventional Cardiologists”, is the President of the Cardiac and Vascular Research Center of Northern Michigan, and has over 125 medical publications, as well as United States medical device patents. He has or does serve on the strategic advisory boards for such Fortune 500 companies as Medtronic, Abbott, and Boston Scientific, as well as many early developing medical technologies, and he currently serves on the Board of Directors of HotSpur, CardioVascular Ingenuity, TransLuminal Therapeutics and Nellix. Dr. Cannon, through BioStar, has participated in the start up and subsequent development of a multitude of developing bio-technological, or emerging healthcare companies and has served as the National or International Principal Investigator for landmark cardiovascular studies. Dr. Cannon assisted in performing First-In-Man percutaneous Aortic Valve procedures in Paraguay and served as Chairman of the Board of AorTx, Inc, a company in which BioStar was the lead investor, which was successfully acquired by a publicly traded company. BioStar was also the lead investor of Setagon, whereby Dr Cannon served as the Chairman of the Scientific Advisory Board, which was also acquired by a Fortune 100 company.

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Renee Masi, Managing Director

Renee Masi

Ms. Masi has over 17 years of experience in the venture capital industry where she focused most recently on life science investing. Ms. Masi currently serves on the boards of SynergEyes, Axis Surgical, CardiacMD, and Embrella Cardiovascular. Prior to joining BioStar Ventures, Ms. Masi was a Partner with Windward Ventures, a firm focused on southern California early stage companies, where Ms. Masi was responsible for the firm’s life science investing strategy. Ms. Masi was an advisor to Ventures Medical, a seed stage fund affiliated with the Texas Medical Center. In 1990 Ms. Masi opened the Boston office for Technology Funding, a $250 million venture capital fund based in San Mateo, California. Ms. Masi began her career as an investment banker in the health care finance group of Merrill Lynch. In addition to holding a BA from Stanford University and an MBA from The Wharton School of Business, Ms. Masi is also a member of the Board of Councilors for the USC Graduate School of Social Work.

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Steven L. Almany, MD, FACC, Managing Director

Steven L. Almany

Dr. Almany is the Corporate Vice Chief of Cardiology at William Beaumont Hospital in Royal Oak, Michigan. He is an interventional cardiologist and a partner of the Michigan Heart Group. Dr. Almany has been the Principle Investigator for many clinical trials and sits on the Scientific Advisory Board of many medical companies and has served as a Scientific Advisor to Pequot Capital. Dr. Almany holds two US patents and has authored numerous publications as well as chapters in frequently cited medical journals and books.

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Jeffrey F. O'Donnell, Venture Partner

Jeffrey F. O'Donnell

Mr. O'Donnell brings exceptional operational experience as well as extensive experience in the healthcare industry, merging a solid, traditional corporate background with emerging growth experience. Mr. O'Donnell is currently the Chairman and CEO of Embrella Cardiovascular™, Inc. Prior to this role, Mr. O'Donnell served as President and CEO of PhotoMedex from 1999 to 2009. He also served as Vice President of Sales and Marketing at Radiance Medical Systems (originally Cardiovascular Dynamics) from 1995 to 1997 and then from 1997 to 1999 was the President and CEO. From 1994 to 1995 Mr. O'Donnell held the position of President and CEO of Kensey Nash Corporation. In 2005 Mr. O'Donnell was named LifeScience CEO of the year by the Eastern Technology Council. Additionally, he has held several senior sales and marketing management positions at Boston Scientific Corporation, Guidant Corporation and Johnson & Johnson’s Orthopedic Division. Mr. O'Donnell is an outside Board Member of Endologix, Inc., Replication Medical, Inc., and is a Medical Advisory Board member of Safeguard Scientific.

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David J. Brophy, Ph.D., Director

David J. Brophy

Professor Brophy is the Director of the University of Michigan Business School Center for Venture Capital and Private Equity. He is also a member of the Finance and Entrepreneurial Studies Faculty at the University of Michigan School of Business Administration (UMBS) where he teaches courses in corporate valuation, venture capital and both domestic and international private equity and finance. Dr. Brophy is active internationally in the field of venture capital and private equity finance, entrepreneurship and initiated the process of information surveying for the National Venture Capital Association, a process that is now the major source of information on the venture capital market. Dr. Brophy has advised several institutional and corporate investors in their private equity finance activities. He has been a director of several public companies and is a director and consultant to banks, money market funds, and financial services firms.

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Paul A. Scott, Chief Financial Officer

Paul A. Scott

Mr. Scott has over 23 years of venture capital experience in the areas of turnaround management and fund administration. Mr. Scott is also CFO & Administrative Partner for Windward Ventures. Prior to being acquired in 2008, Mr. Scott served as a director of AdvancedMD Software, a private company headquartered in Utah. Prior to Windward Ventures, Mr. Scott was an independent consultant providing interim senior management to venture funded companies. Mr. Scott was previously President & CEO of VSI Enterprises, Inc., a public company headquartered in Atlanta. He began his career with Wells Fargo Bank and Sears Bank. Mr. Scott has a BA from Ithaca College and a MBA from Loyola University of Chicago.

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Lisa Riedmiller, Controller

Lisa Riedmiller

Ms. Riedmiller has over 20 years of venture capital fund accounting, investor relations and fund administration experience. Current clients include: Palomar Ventures, Blade Ventures, Rincon Ventures, Okapi Ventures, Global Opportunities Fund and Crosscut Ventures. Formerly, Ms. Riedmiller has worked with Windward Ventures, Capstone Ventures, Ocean Park Ventures, and Enterprise Partners. Over the years, Ms. Riedmiller has worked with a variety of start-ups as a function of her involvement with their investors. In addition, Ms. Riedmiller worked for OSCCO Ventures from 1988 to 1997. Ms. Riedmiller holds a BA from California State University at San Jose.

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Ann Nagi, Fund Administrator

Ann Nagi

Ms. Nagi has over 20 years of executive administrative experience in healthcare and university settings. She holds a bachelors degree from the University of Michigan. Ms. Nagi is actively involved in portfolio company diligence, investor relations, and fund administration.

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Medical Venture Partners & Advisors

CardioVascular

Steven R. Bailey, MD, FACC, FACP

Dr. Bailey is an internationally recognized interventional cardiologist with particular expertise in biomaterials and animal lab research. Dr. Bailey has advised and conducted animal lab and clinical research on new devices including the Palmaz-Schatz stent, Rotoblator and Atherocath, and was one of the original Inoue balloon investigators in the US. Dr. Bailey is the Director of the Catheterization Laboratories and Interventional Cardiology at the University Hospital of the University of Texas Health Sciences Center at San Antonio. He is board certified in internal medicine and cardiovascular disease. Dr. Bailey is also Professor of Medicine and Radiology at the University of Texas Health Sciences at San Antonio.

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Peter J. Fitzgerald, MD, PhD, FACC

Dr. Fitzgerald is both a Professor of Medicine and Professor of Engineering at Stanford University. He also serves as Director at the Center for Cardiovascular Technology and Director of the Core Cardiovascular Analysis Lab at Stanford University Medical Center. Dr. Fitzgerald has co-authored over 200 clinical papers and abstracts on various topics in Interventional Cardiology and has participated in numerous major clinical trials involving the diagnosis and treatment of coronary artery disease. Dr. Fitzgerald runs the leading IVUS core lab for cardiovascular clinical trials and has been principal and founder of several medical device companies in the San Francisco Bay area. Dr. Fitzgerald is an experienced venture capitalist, and is a General Partner of Latterell Ventures, a leading health care venture capital firm.

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Mark Reisman, MD, FACC

Dr. Reisman is the Director of the Cardiac Catheterization Laboratory and Director of the Cardiovascular Research and Education at the Swedish Medical Center in Seattle. Dr. Reisman is an interventional cardiologist and recognized expert in structural heart disease. He serves on the scientific advisory board for several public and private companies including CoAptus, Abbott Vascular and Boston Scientific Corporation. Dr. Reisman is a Clinical Assistant Professor of Medicine at the University of Washington, Seattle, WA.

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Frank Shannon, MD, FACS

Dr. Shannon is a cardiovascular surgeon with William Beaumont Hospital in Royal Oak, Michigan. Dr. Shannon has authored numerous publications in cardiovascular and general surgery, and is a reviewer for the Annals of Thoracic Surgery. Dr. Shannon is a well-known surgical valve design innovator, with particular expertise in mitral and tricuspid valve systems, percutaneous/minimally accessible mitral annular remodeling devices, aortic valves, and minimally invasive devices used in atrial ablation procedures. Dr. Shannon sits on the scientific advisory board of Micardia, a BioStar Ventures portfolio company, and is a consultant to Medtronic, Datascope, and Pequot Capital Management.

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Gregg W. Stone, MD, FACC, FACP

Dr. Stone is an internationally recognized cardiologist who has led over 40 trials and has served as the national or international principle investigator for more than 25 multicenter randomized clinical trials. Dr. Stone practices interventional cardiology at Lenox Hill Hospital in NY and has performed over 5,000 angioplasty and stent procedures. Dr. Stone has particular expertise in drug-eluting stents, vulnerable plaque, acute coronary syndromes, myocardial infarction, antithrombotic and antiplatelet agents, contrast nephropathy, transcatheter valve therapies and new device development. Dr. Stone directs the annual Transcatheter Cardiovascular Therapeutics (TCT) meeting, the world’s largest symposium devoted to interventional cardiology and vascular medicine. Dr. Stone is triple board certified in Interventional Cardiology, Cardiovascular Disease and Internal Medicine. He is Professor of Medicine at Columbia University Medical Center and the immediate past chairman of the Cardiovascular Research Foundation in New York.

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Steve Yakubov, MD, FACC

Dr. Yakubov is an interventional cardiologist and the Medical Director of the Mid West Cardiology Research Foundation in Columbus, Ohio. Dr. Yakubov has been involved with over 75 active clinical trials involving interventional cardiology, peripheral vascular medicine and electrophysiology. Dr. Yakubov runs the third largest clinical trial site in the US. Dr. Yakubov is widely published and sits on the scientific advisory boards of several start up companies including RTI, a BioStar Ventures portfolio company. In February 2007, Dr. Yakubov was named the Number One cardiologist in central Ohio, according to an exclusive survey of 5,000 doctors in seven central Ohio counties.

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Orthopaedics Neuro Science

Alan Davis, MD

Dr. Davis is a highly regarded orthopedic surgeon at the Cleveland Clinic as well as a team physician for the United States Olympic Team. He was an Academic All-American and Captain of one of Michigan State’s most successful football teams. He has been involved in multiple medical and metabolic technologies including those related to sports drinks and the metabolic needs of high performance athletes as well as computerized software design for maximized bio mechanical muscle training.

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Carl Deirmengian, MD

Dr. Deirmengian is a practicing orthopaedic surgeon specializing in total hip and total knee replacements. He completed his BA in chemistry at Princeton University in 1992, his MD at Harvard Medical School in 1996, his residency in orthopaedic surgery at the University of Pennsylvania in 2005 and his Fellowship in Adult Reconstructive Surgery of the Hip and Knee at Rush University Medical Center in Chicago in 2006. His numerous awards and achievements include: The Mark Coventry Award for outstanding science research-given by the Knee Society for his research in using biomarkers to identify infection in the human joint, The DeForest Willard award for outstanding chief resident at the University of Pennsylvania, the Orthopaedic Research and Education Fund award for outstanding research and the Leonard Marmor Award for joint arthroplasty. In 2009 he was selected as a “John Insall Traveling Fellow” and completed a month long fellowship with the top total knee surgeons throughout the United States. He has numerous publications for various research projects throughout his career.

Jim Krieg, MD

Dr. Krieg is an Associate Professor of Orthopaedic Surgery at the University of Washington and Harborview Medical Center in Seattle, Washington. He is a board certified surgeon whose practice focuses on orthopedic trauma, including care of complex fractures and management of multiply injured patients. An active researcher and educator, he teaches nationally and internationally. He currently serves on the North American Musculoskeletal Trauma Education Committee of the Arbeitsgemeinshaft fur Osteosyntesefragen (AO). As an innovator, he has seen two of his ideas for medical devices successfully developed and brought to market. He is a frequent industry collaborator and invited speaker.

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