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
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Andrew RaguskusFounder, President and CEOAndrew 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.
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Randall Olson, MDFounder and Chief Medical OfficerRandall 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.
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Elliott Kulakowski, PhD, MBAChief Operating OfficerStrategic 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.”
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Thomas Orsini, MBAChief Commercial and Business Development OfficerExtensive 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
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Marc Couturier, Ph.D. Director, I.D. Rapid Testing Dept., ARUPUnconfirmed
Emily Spivak, MD Infectious diseases University of Utah School of MedicineUnconfirmed -
Randall Bateman Patent Attorney Durham, Jones and PinegarUnconfirmed -
Clair Rood Accountant CBIZUnconfirmed
Previous Investors
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Nick RejaliUnconfirmed
B. BuchaninUnconfirmed
Taylor Bench University of Utah Research FoundationUnconfirmed
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