Sydney, Apr 21, 2006 (ABN Newswire) - HeartWare (ASX: HTW) is pleased to announce the appointment of Mr Dozier Rowe as Chief Operating Officer, based at HeartWare's operations centre in Miramar, Florida.
Dozier brings to HeartWare over 25 years of experience in the medical device industry, having held senior positions at Boston Scientific Corporation, St Jude Medical Inc. and Baxter Healthcare Corporation. He has worked with a variety of Class III implantable medical devices, with responsibility across all elements of manufacturing, quality control, regulatory affairs, materials management, supply chain and operations. Prior to establishing his own manufacturing consulting company in 2004, Dozier held the position of Vice President and General Manager, Operations at Boston Scientific's Miami operations centre, where he had responsibility for over 1,000 staff and a budget in excess of USD100 million per year.
Reporting directly to HeartWare's Chief Executive Officer, Dozier assumes primary responsibility for managing and leading all internal operational functions of the business.
HeartWare CEO, Mr Stuart McConchie, commented: "Having recently commenced human clinical studies for the HVAD, HeartWare is transitioning from a product development organisation into a manufacturer of Class III medical devices. Dozier Rowe's depth of industry experience will be invaluable as we scale up our manufacturing capabilities to meet the anticipated clinical demand."
About HEARTWARE LIMITED
HeartWare is developing a family of proprietary circulatory assist devices to treat patients with congestive heart failure. HeartWare's lead device, the HVAD, commenced human clinical trials in March 2006. First sales are anticipated in late 2007. With a volume of 45cc, the HVAD is the smallest "3rd generation" pump and the only full output device implantable within the pericardial space.
In parallel with the HVAD clinical development, HeartWare is pursuing its MVAD program, aimed at developing a family of miniaturized cardiac assist devices, implantable by minimally invasive surgical techniques. The current MVAD prototype, approximately one tenth the volume of the HVAD, commenced animal studies in August 2005.
HeartWare listed on the Australian Stock Exchange (ASX: HTW) on 31 January 2005 after successfully raising A$32.4 million (US$24.95 million). HeartWare's Head Office is located in Sydney, Australia.
Contact
www.heartware.com.au Howard Leibman Director Corporate Development HeartWare Limited TEL: +61 2 8215 7604 / 0402 440644