XEnd Medical Systems, LLC

XEnd with its proprietary needle is dedicated to preventing inappropriate patient treatments and hospital costs resulting from the use of standard needles.

  • Stage Prototype Ready
  • Industry Medical Devices and Equipment
  • Location Salt Lake City, UT, USA
  • Currency USD
  • Founded January 2013
  • Employees 4
  • Incorporation Type LLC
  • Website xendmed.com

Company Summary

XEnd developed a proprietary needle-in-a-needle technology to prevent blood stream/ injection site infections, and to prevent blood culture contamination; both caused by pathogens in a patient’s skin. With hospitals spending $9.2 Billion annually from false positive blood cultures, XEnd initially is targeting the blood culture market. The XEnd needle will reduce inappropriate patient treatments and related costs, and hospital liability costs.

Team

  • Andrew Raguskus
    Founder, President and CEO

    Andrew Raguskus is the CEO, an electrical engineer and serial entrepreneur. XEnd is his 5th med-tech startup. As Chairman and CEO of Sonic Innovations, he grew revenue from zero to $125 million and rewarded investors with an IPO led by Goldman Sachs in 2001.

  • Randall Olson, MD
    Founder and Chief Medical Officer

    Randall Olson, MD, is the AHNS inventor and XEnd's Chief Medical Officer. He is an active eye surgeon, Professor of Ophthalmology at University of Utah, and CEO of the Moran Eye Center.

  • Elliott Kulakowski, PhD, MBA
    Chief Operating Officer

    Strategic planning and performance management executive at the National Institutes of Health and various academic institutions; served as Executive Director of a Center of Excellence and was a business consultant for the Utah Governor’s Office of Economic Development. Co-authored the book, “Research Administration and Management.”

  • Thomas Orsini, MBA
    Chief Commercial and Business Development Officer

    Extensive medical device industry experience with start-ups to billion-dollar companies, including 15-years with Becton Dickenson, where he held titles of VP/GM, and global positions in marketing and business development. Successfully built numerous biotech start-ups from idea/proof-of-principle through successful global commercialization.

Advisors

  • Marc Couturier, Ph.D. Director, I.D. Rapid Testing Dept., ARUP
    Unconfirmed
    Emily Spivak, MD Infectious diseases University of Utah School of Medicine
    Unconfirmed
  • Randall Bateman Patent Attorney Durham, Jones and Pinegar
    Unconfirmed
  • Clair Rood Accountant CBIZ
    Unconfirmed

Previous Investors

  • Nick Rejali
    Unconfirmed
    B. Buchanin
    Unconfirmed
    Taylor Bench University of Utah Research Foundation
    Unconfirmed

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