BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Ahura Scientific Names Industry Veteran Michael Falvey Vice President, CFO


2/17/2009 7:19:27 AM

WILMINGTON, MA--(MARKET WIRE)--Feb 17, 2009 -- Ahura Scientific, Inc., a leader in rugged, ultra-compact handheld instruments for chemical identification, announced today that it has hired Michael Falvey as Vice President and Chief Financial Officer. Falvey was selected by Ahura Scientific for his more than 25 years of experience managing the finance, accounting, administration, human resource and IT functions at large organizations, including publicly traded companies Aspect Medical Systems and Millennium Pharmaceuticals. In addition, he possesses significant expertise in fund raising, investor and analyst relations, mergers and acquisitions, and alliances.

Most recently, Falvey served as CFO for Aspect Medical Systems, a publicly traded provider of brain monitoring technologies. Prior to Aspect, he was Vice President of Finance at Millennium Pharmaceuticals, a biotechnology company. Earlier in his career, Falvey worked at General Electric, Digital Equipment Corporation and Fidelity Investments, where he served in a series of financial management roles. He received his B.S. in Foreign Service from Georgetown University and his MBA from the Sloan School at MIT, where he was named a Seley Scholar.

"Mike's strong financial leadership experience, particularly with large public companies, will be a complement to our organization as we continue to expand into new platforms, applications and markets," said Doug Kahn, chairman and CEO of Ahura Scientific. "Mike will clearly be a tremendous asset as we take our organization to the next level."

"Ahura Scientific has changed the game with its handheld chemical identification instruments -- from military and civilian first responders dealing with unknown substances to pharmaceutical quality control personnel ensuring the integrity of the supply chain," said Falvey. "I look forward to the opportunity to make an impact at a company that is backed by a strong management team and investors, and is poised to truly transform the industry."

Ahura Scientific and its executives have received numerous prestigious awards, including the Ernst and Young 2007 Entrepreneur of the Year award (Founder and President Dr. Daryoosh Vakhshoori); R&D Magazine's R&D 100; the Industrial Design Society of America Award for Excellence in Industrial Design (IDEA); the 2007 SBANE Innovation Award; the Boston Business Journal's 2008 Best Places to Work Award; the 2008 American Business Award for "Most Innovative Company;" and the company was named number 65 on Inc. magazine's Inc. 500 Fastest-Growing Private Companies of 2008.

About Ahura Scientific, Inc.

Ahura Scientific, Inc. is a leading provider of a new class of ultra-compact analytical instruments. These rugged handheld instruments are used for real-time identification of chemical substances. Customers include government agencies and companies in the safety and security, pharmaceutical, and consumer products markets. Manufactured in the USA in an ISO 9001-certified facility, the company's products offer exceptional portability and performance. For more information, visit www.ahurascientific.com. Contact:

For information, contact: Jenny Viscarolasaga Two Roads Communications, Inc. P: +1-617-331-4944 E: jenny@tworoadscommunications.com



Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES