Medical Products Stock News
Medical Waste Disposal Products Stock
on Investment News Show
The November 1st show features Medical Waste disposal products stock
Skyline Medical, Inc. (stock symbol: SKLN) and interviews with
Co-founder and Chief Operating Officer of GLG Pharma, LLC.
and 2 newly-appointed Skyline Medical board members
Timothy A. Krochuk
J. Melville (“Mel”) Engle
Listen to a replay of the interview:
See corporate site: SkylineMedical.com
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Skyline Medical Appoints J. Melville Engle and Timothy A. Krochuk to its Board of Directors — See News
Skyline Medical Inc. producer of the FDA-approved STREAMWAY® System for automated, direct-to-drain medical fluid disposal, announces the appointments of Timothy A. Krochuk and J. Melville (“Mel”) Engle to its Board of Directors.
“We are delighted to welcome such talented and experienced professionals as Tim and Mel to the Skyline Medical Board of Directors. They bring to Skyline decades of valuable functional expertise and significant sector experience,” said Dr. Carl Schwartz, Executive Chairman of Skyline Medical. “We have full confidence their financial, pharmaceutical and leadership skills, together with their public company experience will be of true value to Skyline. These two additions bring depth to our governance, and we look forward to their contributions as we work together to execute our growth strategy.”
J. Melville Engle
Mr. Engle has worked in the healthcare industry for the past three decades. He is Chairman of the Board of Windgap Medical, Inc., a start-up medical device firm focused on unique drug delivery applications, and has held executive positions at prominent companies including Chairman and Chief Executive Officer at ThermoGenesis Corp., Regional Head/Director, North America at Merck Generics, President and Chief Executive Officer of Dey, L.P. and Senior Vice President, U.S. Sales at Allergan.
In addition to ThermoGenesis, he has served on the Board of Directors of several public companies, including Oxygen Biotherapeutics and Anika Therapeutics.
Timothy A. Krochuk
Mr. Krochuk is a co-founder and Managing Director of GRT Capital Partners, LLC, an investment adviser based in Boston, and is a Portfolio Manager and Managing Partner for the GRT BioEdge Ventures Fund, a fund focused on equity investments in privately held, emerging healthcare and biopharmaceutical companies.
He currently serves as Chief Executive Officer of CHP Clean Energy, a full-service provider of biogas powered combined heat and power systems for wastewater treatment facilities with anaerobic digesters, which he founded in 2009. He also serves on the Board of Directors of Windgap Medical and Flatirons Bank.
Skyline Medical Signs Agreement for GLG Pharma to be Exclusive Distributor of STREAMWAY System in the U.K. — See News
GLG to Begin Sales and Marketing Immediately upon Receipt of CE Mark
Skyline Medical Inc. producer of the FDA-approved STREAMWAY® System for automated, direct-to-drain medical fluid disposal, announces the signing of a distribution agreement granting GLG Pharma, LLC (“GLG”) exclusive rights to market and distribute the STREAMWAY® System in the U.K.
Under the terms of the agreement, GLG will be responsible for all sales and marketing activities, including hiring and training the appropriate number of direct sales representatives to cover the 3,600 operating rooms in the U.K.
The new standard in waste fluid management.
Skyline Medical developed the patented, FDA-approved STREAMWAY System, which simplifies and improves the management of surgical fluid for the benefit of patients, staff and the environment.
The revolutionary, FDA-approved STREAMWAY® System is an automated, direct-to-drain system that’s changing the way healthcare facilities collect and dispose of potentially infectious waste fluid.
Skyline Medical produces a fully automated, patented, FDA-cleared waste fluid disposal system that virtually eliminates staff exposure to blood, irrigation fluid and other potentially infectious fluids found in the healthcare environment.
Antiquated manual fluid handling methods that require hand carrying and emptying filled fluid canisters present an exposure risk and potential liability.
Skyline Medical’s STREAMWAY System medical product fully automates the collection, measurement and disposal of waste fluids and is designed to:
1) reduce overhead costs to hospitals and surgical centers;
2) improve compliance with OSHA and other regulatory agency safety guidelines;
3) improve efficiency in the operating room, and radiology and endoscopy departments, thereby leading to greater profitability; and
4) provide greater environmental stewardship by helping to eliminate the approximately 50 million potentially disease-infected canisters that go into landfills each year in the U.S.
Medical Waste Management Products News
The STREAMWAY System installs in or on the wall with direct-to-drain fluid removal medical product for safe, continuous collection and disposal. The illuminated touch screen provides safe control over surgical suction levels and displays automated measurement of volumes, while the single patient procedure filter and tissue trap both prevents cross contamination and allows for tissue retrieval. To clean, simply detach the filter, connect the cleaning solution bottle and activate the rapid clean cycle using the touch screen.
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