This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cardica Appoints Dr. Lee Swanstrom As Medical Director

REDWOOD CITY, Calif., Oct. 19, 2011 /PRNewswire/ -- Cardica, Inc. (Nasdaq: CRDC) today announced that Lee Swanstrom, M.D., F.A.C.S., has been named medical director of the company.

In this role, Dr. Swanstrom will assist Cardica in developing its clinical and launch strategy for its MicroCutter products and will train surgeons around the world on the use and benefits of the MicroCutter™ XPRESS™ 30, the first and only true multifire stapling device for laparoscopic surgery. In addition, he will provide strategic input on Cardica's pipeline of devices and their applications in various surgical and laparoscopic procedures.  

"Dr. Swanstrom is a widely-respected, world-renowned laparoscopic surgeon, who brings clinical expertise and an established rapport with surgeons across the country," said Bernard A. Hausen, M.D., Ph.D., president and chief executive officer of Cardica. "We believe that his experience leading a highly sought-after fellowship program, and as a guest lecturer and hands-on skills instructor in courses around the world, will help strengthen our ability to reach and train surgeons on our planned MicroCutter product line."

Dr. Swanstrom is a board-certified surgeon with special interests in esophageal diseases, minimally invasive surgery and endoscopy. Dr. Swanstrom is a renowned researcher and innovator in the field of minimally invasive surgery. He is a Clinical Professor of Surgery at Oregon Health and Sciences University, serves as senior partner with The Oregon Clinic's Gastrointestinal & Minimally Invasive Surgery Division, is the president of the Foundation for Surgical Innovation and Education, and is also program director for postgraduate fellowships at the Providence Health System in Portland.  Additionally, he is very involved in international teaching, clinical and research positions and most recently was appointed Chief Innovations Officer at the University of Strasbourg's IHU (University Hospitals Institutes).

Dr. Swanstrom has published more than 200 articles in peer-reviewed journals, has written chapters in 45 books and holds seven patents for surgical/medical devices. Additionally, he is on the editorial boards of numerous medical/surgical journals and is currently Co-editor-in-Chief of Surgical Innovation. Dr. Swanstrom was appointed to the American Board of Surgery in 2010 and is active within the Society of American Gastrointestinal Endoscopic Surgeons (SAGES), serving on the Executive Committee within SAGES in a variety of roles, including past president. He is also president of the Foundation for Surgical Innovation and Education. He is a founder and currently the Board Chairman of the Fellowship Council. He received his M.D. from Creighton University.

"In my daily life as a minimally invasive surgeon and surgical educator, I am constantly in search of the next best technologies -- ones that will further the promise of less invasive therapies for patients and that will make the practice of surgery easier and more efficient for both surgeon and patient," commented Dr. Swanstrom. "Cardica's MicroCutter platform, to me, is truly a paradigm shift in this direction. I am excited about the opportunity to be directly involved in the further development of this product line and in the introduction of it to a surgical market that is truly primed for such an innovation."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,102.38 -272.38 -1.66%
S&P 500 1,921.22 -29.91 -1.53%
NASDAQ 4,683.9190 -49.5780 -1.05%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs