NEW YORK, Jan. 22 /PRNewswire/ -- Scient’x, S.A. announced today that veteran orthopedic industry executive, Michael D. Huggins, will join the company as its President and Chief Executive Officer. Mr. Huggins will also join the Scient’x Board of Directors. With this addition to the Scient’x executive team, Mr. Olivier Carli has agreed to resign as the company’s President and Chief Executive Officer on the date Mr. Huggins joins the company.
Mr. Huggins, who was selected after an extensive global search, was formerly President of Global Synthes Spine. Synthes is one of the world’s largest developers of orthopedic trauma and spinal surgical implants and instrumentation. Mr. Huggins played a key role in transforming Synthes into a global business and in making significant inroads in the USA spinal market. At Synthes, Mr. Huggins developed a worldwide standing for his emphasis on the highest standards of quality, clinical awareness and outcomes, surgeon training and the like.
“Mike Huggins is a highly respected executive in the industry who will continue to grow the Scient’x global footprint and reputation of high quality and deep science that the company has historically enjoyed. Mike is highly experienced in driving innovative product development and we also look forward to his contributions as a member of the Scient’x board of directors,” said Olivier Carli, the Scient’x Chairman and Chief Executive Officer. “I am very pleased that Mike shares our vision of building Scient’x into the leading medical device company focused on providing both motion preservation and traditional solutions to the spinal disorder marketplace and we look forward to leveraging his background to help shape the long term strategic direction of Scient’x.”
“I am very excited to join this global organization with a 20 year history of developing truly innovative products and clinical solutions for spine surgeons and their patients,” said Mr. Huggins. “I look forward to working with this world class team of individuals at Scient’x and collaborating with its surgeon customers to continue to find solutions and unmet clinical needs while expanding the scope and breadth of company activities.”
Since 1994, Mr. Huggins has worked with Synthes, Inc. From 2004 to 2006, he served as the President of Global Spine and was responsible for the establishment and management one of the world’s largest spine businesses with primary focus on product development and sales. From 2000 to 2004, Mr. Huggins served as the President and Chief Operating Officer for the U.S. business. From 1998 to 2000, Mr. Huggins served as the Senior Vice President of Operations. From 1994 to 1997 he served as Vice President of Operations. Mr. Huggins held prior executive positions at various manufacturing companies and served as Senior Auditor for Arthur Anderson & Co. Mr. Huggins holds a B.S. in Accounting from Villanova University and an M.B.A. from the Wharton School at the University of Pennsylvania.
ABOUT SCIENT’X
Based in Paris, France, Scient’x is the largest independent spinal implant company in Europe. The Company designs, develops and distributes an extensive line of spine surgical implants in over 50 countries around the world. Since 1988, Scient’x has been a pioneer in all aspects of spinal instrumentation including the motion preservation segment of the spine market. The Company was the first to introduce PEEK implants to spinal surgery as well as posterior dynamic stabilization technology. Scient’x has now introduced a second generation ceramic cervical disc that has achieved significant revenue traction and surgeon acceptance in Europe.
tberkowitz@healthpointcapital.comjmccormick@healthpointcapital.com
CONTACT: Mr. Michael D. Huggins, President and Chief Executive Officer of
Scient’x, +33-1-55-04-78-38; or Mr. Tim Berkowitz, President,
tberkowitz@healthpointcapital.com, or Mr. John McCormick, Managing
Director, jmccormick@healthpointcapital.com, both of HealthpointCapital,
LLC, +1-212-935-7780
Web site: http://www.healthpointcapital.com//
