Healthcare Industry News: neuromodulation
News Release - February 26, 2008
Boston Scientific Announces Addition to Clinical Sciences OrganizationDr. Jay Schnitzer to join the Company
NATICK, Mass., Feb. 26 (HSMN NewsFeed) -- Boston Scientific Corporation (NYSE: BSX ) today announced that Jay J. Schnitzer, M.D., Ph.D. will be joining the Company's Clinical Sciences organization effective March 24.
Dr. Schnitzer will serve as Vice President and Associate Chief Medical Officer, sitting on the Clinical Leadership team and reporting to the Chief Medical and Scientific Officer, Dr. Donald S. Baim, M.D. In his new role, Dr. Schnitzer will be responsible for leading the medical input process for the Company's Endosurgery, Neurovascular and neuromodulation businesses. He will also participate in the formulation and execution of technology strategies for both internal research and development, as well as external business development activities. In addition, he will oversee development and dissemination of scientifically based education materials relating these areas.
Dr. Schnitzer most recently has served as Associate Professor of Surgery at Harvard Medical School, Visiting Surgeon at Massachusetts General Hospital (MGH) and Pediatric Surgeon at Shriners Burns Hospital in Boston. He trained in medicine at Harvard Medical School and earned a Ph.D. in chemical engineering from the Massachusetts Institute of Technology. Dr. Schnitzer's major research interests are related to developmental biology of the lung and congenital diaphragmatic hernia (CDH), and combat casualty care.
Dr. Schnitzer is a member of several national and international societies, including the American Surgical Association, the Association for Academic Surgery, the American Pediatric Surgical Association, the American Burn Association and the British Association of Pediatric Surgeons. Dr. Schnitzer is also the surgical team leader of the National Disaster Medical System International Medical Surgical Response Team and was deployed to New York City on September 11, 2001 and Bam, Iran following a 2003 earthquake. In addition, Dr. Schnitzer represented the MGH in the Center for the Integration of Medicine and Innovative Technology, an inter-institutional consortium that seeks new technology solutions for unmet needs in various medical disciplines, where he worked alongside Dr. Baim who represented the Brigham and Women's Hospital until joining Boston Scientific in 2006.
"We are delighted to have Dr. Schnitzer joining our team," said Dr. Baim. "He is a senior clinician who brings a unique background to bear on our Clinical Sciences organization, and he will provide invaluable medical leadership for these critical business areas."
Boston Scientific is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a broad range of interventional medical specialties. For more information, please visit: www.bostonscientific.com.
Cautionary Statement Regarding Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Forward-looking statements may be identified by words like "anticipate," "expect," "project," "believe," "plan," "estimate," "intend" and similar words. These forward- looking statements are based on our beliefs, assumptions and estimates using information available to us at the time and are not intended to be guarantees of future events or performance. These forward-looking statements include, among other things, statements regarding clinical trials, scientific activities, our medical input process, growth investment and educational publications. If our underlying assumptions turn out to be incorrect, or if certain risks or uncertainties materialize, actual results could vary materially from the expectations and projections expressed or implied by our forward-looking statements. These factors, in some cases, have affected and in the future (together with other factors) could affect our ability to implement our business strategy and may cause actual results to differ materially from those contemplated by the statements expressed in this press release. As a result, readers are cautioned not to place undue reliance on any of our forward-looking statements.
Factors that may cause such differences include, among other things: future economic, competitive, reimbursement and regulatory conditions; new product introductions; demographic trends; intellectual property; litigation; financial market conditions; and, future business decisions made by us and our competitors. All of these factors are difficult or impossible to predict accurately and many of them are beyond our control. For a further list and description of these and other important risks and uncertainties that may affect our future operations, see Part I, Item 1A- Risk Factors in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission, which we may update in Part II, Item 1A - Risk Factors in Quarterly Reports on Form 10-Q we have filed or will file thereafter. We disclaim any intention or obligation to publicly update or revise any forward- looking statements to reflect any change in our expectations or in events, conditions, or circumstances on which those expectations may be based, or that may affect the likelihood that actual results will differ from those contained in the forward-looking statements. This cautionary statement is applicable to all forward-looking statements contained in this document.
Source: Boston Scientific
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