CEO of LED Medical Diagnostics Inc. Announced
Posted: January 29, 2007
Steven J. Semmelmayer Named President and CEO of LED Medical Diagnostics Inc. and its Subsidiary, LED Dental Inc.
Former President of Sybron Dental Specialties Professional Dental Group, Taking the Helm of Canadian Medical Device Company
LED Medical Diagnostics Inc., a Vancouver-based company that commercializes medical screening devices utilizing its proprietary fluorescence imaging platform to aid in the early detection of cancerous and precancerous lesions, recently appointed Steven J. Semmelmayer as its president and CEO. Semmelmayer was also named president and CEO of LED Dental Inc., a wholly-owned subsidiary that manufactures the VELscope® oral mucosal examination device.
Semmelmayer most recently served as president of Sybron Dental Specialties Professional Dental Group, a market-leading global manufacturer of professional medical and dental products. He started his career with Ormco Orthodontics when it had sales of $40 million, and through acquisition and internal growth it became a $780 million public company that was recently sold to Danaher Corporation for $2.2 billion. During his career, Semmelmayer led 19 acquisitions of dental, medical infection control and magnification companies.
According to Peter Whitehead, founder of LED Medical Diagnostics and LED Dental Inc. and the co-developer of Direct Optical Fluorescence Visualization Technology with the British Columbia Cancer Agency, “Steven is known to be a business builder. This is the type of leadership LED Medical Diagnostics needs to grow as a company and to apply our proprietary technology to the development of a variety of medical screening devices.”
For example, in 2006, LED Medical Diagnostics subsidiary LED Dental Inc. successfully introduced its Visually Enhanced Lesion Scope – or VELscope® – oral mucosal examination device to dental clinicians. The company expects that its Direct Tissue Fluorescence Visualization Technology will have great potential beyond the VELscope application and can be potentially incorporated in screening devices used by gynecologists, gastroenterologists, ENT specialists, dermatologists, and family
practitioners.
In his new role at LED Medical Diagnostics Inc. and LED Dental Inc., Semmelmayer will assume overall responsibility for developing the strategies and tactics needed for growing both divisions, including developing products that meet clinical needs.
“LED Medical is an exciting young company with breakthrough technology that can have a positive impact on countless lives,” said Semmelmayer. “I believe my experience and leadership philosophy are a good cultural fit that will help develop LED Medical’s business and people to create the most value for all of our stakeholders”
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