Healthcare Industry News: Vacuum Assisted Closure
News Release - January 7, 2008
KCI Focuses on Growing its Business in Asia Pacific with the Creation of a New Regional President RoleSAN ANTONIO--(HSMN NewsFeed)--Kinetic Concepts, Inc. (NYSE:KCI ), a global medical technology company with leadership positions in advanced wound care and therapeutic services, today announced the appointment of Patrick Loh to the newly-created position of President – Asia Pacific and member of the KCI Executive Committee. In this role, Loh will report directly to Catherine Burzik, President and CEO, and will be responsible for developing and implementing the company’s growth strategies for its V.A.C.® Therapy and therapeutic surfaces businesses throughout the region. He will be located in Shanghai, China.
Loh joins KCI from Thermo Fisher Scientific, a world leader in life sciences, where he was Vice President – Asia Pacific. Prior to that, Loh was General Manager – Greater China for Fisher Scientific International.
Loh began his business career at B. Braun Medical AG, a German healthcare company with products in both the hospital and home patient care market, where he spent nearly 11 years in positions of increasing responsibility that included Sales Executive for the Intravenous Therapy Division in Kuala Lumpur, Malaysia; Regional Group Product Manager for the Medical Division in the Asia Pacific Region; Head of the Outpatient Market Division for China and Hong Kong; and Head of the Medical Division for the China and Hong Kong regions.
Patrick holds a degree in marketing from Chartered Institute of Marketing in the UK, a master’s in Business Administration from Kensington University in California, and an Executive MBA from Washington University in St. Louis. He is fluent in English, Mandarin, Cantonese, Malay and Indonesian.
“The Asia Pacific region offers substantial growth opportunity for KCI internationally,” said Catherine Burzik, President and CEO for KCI. “Patrick has significant experience in managing operations throughout the Asia Pacific region and will be a strong addition to our leadership team. His knowledge of the healthcare, medical and life sciences industries will be invaluable as we work to expand the availability of our innovative wound care and surfaces therapies throughout this region of the world.”
Kinetic Concepts, Inc. is a global medical technology company with leadership positions in advanced wound-care and therapeutic surfaces. We design, manufacture, market and service a wide range of proprietary products that can improve clinical outcomes and can help reduce the overall cost of patient care. Our advanced wound-care systems incorporate our proprietary Vacuum Assisted Closure®, or V.A.C.® Therapy technology, which has been demonstrated clinically to promote wound healing through unique mechanisms of action and can help reduce the cost of treating patients with serious wounds. Our therapeutic surfaces, including specialty hospital beds, mattress replacement systems and overlays, are designed to address pulmonary complications associated with immobility, to reduce skin breakdown and assist caregivers in the safe and dignified handling of obese patients. We have an infrastructure designed to meet the specific needs of medical professionals and patients across all health care settings, including acute care hospitals, extended care organizations and patients’ homes, both in the United States and abroad. For more information, visit www.kci1.com.
This press release contains forward-looking statements, including statements regarding the Company’s plans for future growth. These forward-looking statements are based on our current expectations and are subject to a number of uncertainties. All information set forth in this release is as of its date, and we undertake no duty to update this information. More information about the company is described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2006, and our Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2007, both of which are on file with the SEC and available at the SEC’s Web site at www.sec.gov.
Source: Kinetic Concepts
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