June 19, 2018 4:44 PM ET

Healthcare Equipment and Supplies

Company Overview of Magnolia Medical Technologies, Inc.

Company Overview

Magnolia Medical Technologies, Inc. manufactures and markets medical devices. It offers SteriPath, a vacuum-assisted blood collection system that diverts and sequesters contaminants from the initial blood sample specimen, as well as reduces blood culture sample contaminations. The company offers its products through distributors in the United States. Magnolia Medical Technologies, Inc. was incorporated in 2011 and is based in Seattle, Washington.

2001 Sixth Avenue

Suite 1630

Seattle, WA 98121

United States

Founded in 2011





Key Executives for Magnolia Medical Technologies, Inc.

Co-Founder, Chief Executive Officer and Director
Co-Founder, Medical Director and Director
Chief Commercial Officer
Age: 50
Vice President of Sales & Marketing
Compensation as of Fiscal Year 2017.

Magnolia Medical Technologies, Inc. Key Developments

Magnolia Medical Technologies Awards VA Federal Supply Contract for Steripath

Magnolia Medical Technologies announced that the U.S. Department of Veterans Affairs has awarded the company a five-year Federal Supply Schedule contract to provide the Steripath Initial Specimen Diversion Device® (ISDD®) for use in the system's hospitals and treatment facilities. Steripath® is a mechanical blood culture collection device that has been clinically proven to virtually eliminate blood culture contamination which can lead to the misdiagnosis of blood stream infections including sepsis. Effective immediately, the federal contract provides all government facilities, including hospitals and medical centers of the Department of Veterans Affairs (VA) and Department of Defense (DoD), the ability to provide the benefits of this novel device to their patients.

Magnolia Medical Technologies Appoints Robert E. Gerberich as Chief Commercial Officer

Magnolia Medical Technologies announced the appointment of Robert E. Gerberich as its Chief Commercial Officer. Mr. Gerberich will be responsible for leading all commercial and customer facing functions of the company. Mr. Gerberich is a global business leader with over 25 years of experience in the surgical and medical device segments of the life sciences market. As a senior sales and marketing executive, he has an exceptional track record of success building new markets and driving rapid commercial growth from product introduction through broad scale adoption. Most recently, Mr. Gerberich served as Vice President of Sales and Marketing and Vice President of Sales at Invuity, Inc. Prior to Invuity, Mr. Gerberich served as President of UltraShape North America and Head of Global Sales for UltraShape Ltd. (acquired by Syneron Medical Ltd.), where he established the North American subsidiary for UltraShape and launched the first nonsurgical focused ultrasound body sculpting technology in the world. In these roles, Gerberich led corporate global sales and distribution in over 50 countries. Before UltraShape, Mr. Gerberich was Vice President of Sales and Marketing and Vice President of Sales for Thermage, Inc.

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Recent Private Companies Transactions

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