COLORADO SPRINGS, Colo., Jan. 11, 2017 (GLOBE NEWSWIRE) -- The Spectranetics Corporation (NASDAQ:SPNC), (“the Company”) today announced that Scott Hutton has been named General Manager, Vascular Intervention, effective January 23rd, 2017. In this role, Mr. Hutton will report directly to Scott Drake, President and Chief Executive Officer.
Mr. Hutton brings a wealth of industry experience and leadership to Spectranetics. He spent the last 16 years with Medtronic, most recently leading the Neurosurgery business unit as the Vice President and General Manager. Prior to joining the Neurosurgery business, Scott led Medtronic Navigation, the world’s leading provider of integrated navigation and intra-operative imaging solutions. He also held numerous global marketing and business development roles of increasing responsibility during his tenure at Medtronic.
"We are pleased to name industry veteran Scott Hutton as the leader of our Vascular Intervention franchise," said Scott Drake, President and CEO. "Scott’s track record of creating value makes him the ideal candidate to capitalize on our many opportunities and lead the Vascular Intervention business through its next phase of growth. We are excited to unite his world class expertise with our team to further improve the lives of our patients.”
Mr. Hutton stated, "I'm excited for the opportunity to play such a vital role in helping Spectranetics achieve its next stage of growth. The Vascular Intervention franchise is an attractive business with compelling growth opportunities that will be integral to the future success of the Company. I’m also proud to be joining Spectranetics’ commitment to leading the way in clinical science in order to provide physicians and patients with proven treatment algorithms and advancements in therapy options.”
The Spectranetics Corporation develops, manufactures, markets and distributes medical devices used in minimally invasive procedures within the cardiovascular system. The Company's products are available in over 65 countries and are used to treat arterial blockages in the heart and legs and in the removal of pacemaker and defibrillator leads. The Company's Vascular Intervention (VI) products include a range of laser catheters for ablation of blockages in arteries above and below the knee, the AngioSculpt® scoring balloon used in both peripheral and coronary procedures, and the Stellarex drug-coated balloon peripheral angioplasty platform, which received European CE mark approval in December 2014. The Company also markets support catheters to facilitate crossing of peripheral and coronary arterial blockages, and retrograde access and guidewire retrieval devices used in the treatment of peripheral arterial blockages, including chronic total occlusions. The Company markets aspiration and cardiac laser catheters to treat blockages in the heart. The Lead Management (LM) product line includes excimer laser sheaths, dilator sheaths, mechanical sheaths and accessories for the removal of pacemaker and defibrillator cardiac leads. For more information, visit www.spectranetics.com.
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