Healthcare Equipment and Supplies
Company Overview of Kips Bay Medical, Inc.
Kips Bay Medical, Inc., a medical device company, develops, manufactures, and commercializes external saphenous vein support technology (eSVS Mesh), for use in coronary artery bypass grafting (CABG) surgery. Its eSVS Mesh is designed to be fitted like a sleeve on the outside of saphenous vein grafts (SVG) to strengthen SVGs used in CABG surgery. The company sells its products to distributors who, in turn, sell to hospitals and clinics, primarily in the European Union. Kips Bay Medical, Inc. was founded in 2007 and is based in Minneapolis, Minnesota.
3405 Annapolis Lane North
Minneapolis, MN 55447
Founded in 2007
Key Executives for Kips Bay Medical, Inc.
Director of Research & Development
Compensation as of Fiscal Year 2015.
Kips Bay Medical, Inc. Key Developments
Kips Bay Medical, Inc. Announces Executive Changes
Sep 22 15
On September 22, 2015, at an Annual Meeting of Stockholders of Kips Bay Medical, Inc., the stockholders of the company approved, a proposal to approve a voluntary dissolution and liquidation of the company pursuant to a Plan of Dissolution and Complete Liquidation of Kips Bay Medical, Inc. On September 22, 2015, in connection with the anticipated filing of the certificate of dissolution, Manny Villafaña, the company’s Chairman, President and Chief Executive Officer, resigned as an officer and director of the company, to be effective immediately. Also on September 22, 2015, the Board appointed Scott Kellen, the company’s Chief Operating Officer and Chief Financial Officer, as Chief Executive Officer of the company in addition to his current positions with the company and elected Mr. Kellen as a director of the company, to be effective immediately. In addition, on September 22, 2015, Robert Munzenrider, Robert Sheehy and Arch Smith, members of the Board, each tendered his resignation as a director of the company, to be effective immediately.
Kips Bay Medical Files Form 15
Sep 22 15
Kips Bay Medical, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock, par value $0.01 per share under the Securities Exchange Act of 1934, as amended.
Kips Bay Medical, Inc., Annual General Meeting, Sep 22, 2015
Aug 6 15
Kips Bay Medical, Inc., Annual General Meeting, Sep 22, 2015., at 08:30 Central Standard Time. Location: Oppenheimer Wolff & Donnelly LLP. Agenda: To approve the voluntary dissolution and liquidation of the company; to grant discretionary authority to the board of directors to adjourn the annual meeting; to elect directors to the board of directors to serve until the next annual meeting of stockholders or until such time as their successors are elected and qualified; to consider and vote upon a proposal to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2015; to approve, on an advisory basis, the compensation of named executive officers, as disclosed in the accompanying proxy statement; and to transact such other business as may properly come before the annual meeting and any adjournment or postponement thereof.
Similar Private Companies By Industry
Recent Private Companies Transactions
March 24, 2015