SANTA
CLARITA, Calif., July 22,
2024 /PRNewswire/ -- StimAire, a paradigm-shifting
injectable neuromodulation company developing medical devices for
obstructive sleep apnea (OSA), is pleased to announce the
appointment of Arthur Rascon as
Chief Operating Officer (COO), effective July 22, 2024.
Mr. Rascon brings over two decades of experience in operational
leadership and a proven track record of driving innovation and
commercialization in the medical device industry. Prior to
joining StimAire, Arthur Rascon
served as the Chief Executive Officer at Valencia Technologies
Corporation, where he led the company's neuromodulation
therapies.
Before Valencia Technologies, Arthur was Senior Director of
Manufacturing Engineering at Medtronic Diabetes, where he played a
crucial role in enhancing manufacturing processes and ensuring
product quality.
At Advanced Bionics, Arthur served as Vice President of
Manufacturing and Quality Engineering, and Senior Director of
Product Engineering, where he was instrumental in product
development and operational management.
"We are thrilled to welcome Arthur
Rascon to the full-time leadership team," said Tarek Makansi
PhD, President and Chief Technology Officer of StimAire. "Arthur
will move our company and product forward from a demonstrated
technology to a certified medical device offering with the goal of
improving the lives of those affected by obstructive sleep
apnea."
Arthur Rascon said "I am deeply
impressed with StimAire's ultra-tiny injectable neuromodulation
device, which already has human data supporting efficacy and
safety. The path to a successful product is very clear to me, and
the recent Breakthrough Device Designation from the FDA will
accelerate our progress".
StimAire recently completed its first-in-human study of its
groundbreaking injectable stimulator for OSA, marking a significant
milestone in the company's journey to provide innovative solutions
for sleep disorders.
StimAire is a portfolio company of University Associates Venture
Capital (UAVC). For more information about StimAire and UAVC,
please visit www.stimaire.com or www.uaventurecap.com.
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SOURCE StimAire Inc