PainTEQ Welcomes Mike Sherman as New Board Member
PainTEQ Welcomes Mike Sherman to Its Board of Directors
PainTEQ, a dedicated medical device company that specializes in innovative and minimally invasive solutions for sacroiliac joint dysfunction, recently announced the significant addition of Mike Sherman to its Board of Directors. His appointment is effective immediately, marking a pivotal moment in the company’s growth journey.
Mike Sherman's Contributions to PainTEQ
Shanth Thiyagalingam, the Chief Executive Officer of PainTEQ, expressed enthusiasm about Mike's appointment. "Mike is a skilled architect and an avid disciple of the AO principles," he stated. “With his hands-on expertise in orthopedic innovation and product development, he will be an invaluable resource as we seek to accelerate the adoption of our LinQ SI Joint Stabilization System and expand our product portfolio. His strategic insights will greatly assist us in executing our next phase of growth.”
Extensive Experience in Medical Device Innovation
Mr. Sherman brings over three decades of leadership experience in medical device innovation and company development. He played a crucial role at Medtronic's Spine division, where he established and led the Technology Development group, focusing on advancing innovative product solutions. Additionally, he spearheaded business development activities related to spine care.
Following his impactful tenure at Medtronic, he spent nine years as a Partner at MB Venture Partners. There, he was instrumental in sourcing and leading investments in early-stage musculoskeletal companies, demonstrating his profound understanding of the industry dynamics and innovation potential.
In 2011, Mr. Sherman founded MB Innovations (MBI) and has been serving as the Executive Chairman since its inception, while taking on the role of President & CEO in 2017. His impressive portfolio includes being an inventor on more than 130 U.S. patents that cover a wide range of spinal implants, surgical instruments, and minimally invasive techniques, showcasing his creativity and dedication to advancing medical technology.
Future Perspectives with PainTEQ
Upon joining PainTEQ's Board, Mr. Sherman shared his respect and admiration for the team. "I am honored to join PainTEQ's Board," he remarked. "The company is setting a new standard for treating SI joint dysfunction with a patient-focused, minimally invasive approach. I am eager to work alongside Shanth and the Board to guide the company’s strategy and provide meaningful solutions to patients worldwide." He is clearly committed to driving innovation in patient care through the company’s advancing technologies.
The Importance of Innovation in SI Joint Care
Dr. Timothy Deer, Co-Chair of the American Society of Pain and Neuroscience, also commented on Mr. Sherman’s appointment. "His track record in innovation mirrors PainTEQ's commitment to advancing care in SI joint dysfunction," he noted. “Mike’s extensive experience is exactly what is needed to ensure that groundbreaking technologies such as LinQ reach the patients who need them most.”
About PainTEQ
PainTEQ was founded in 2013 and is headquartered in Tampa, Florida. The company is focused on developing interventional pain management solutions that target back pain and sacroiliac joint dysfunction. PainTEQ’s proprietary SI joint implant system has successfully been utilized in over 14,000 procedures, providing patients with minimally invasive options to alleviate chronic pain effectively.
Frequently Asked Questions
Who is Mike Sherman?
Mike Sherman is a seasoned professional with over 30 years in medical device innovation, now serving on PainTEQ's Board of Directors.
What is PainTEQ's main focus?
PainTEQ specializes in creating innovative and minimally invasive solutions for sacroiliac joint dysfunction and back pain management.
How many procedures has PainTEQ's SI joint implant system been used in?
PainTEQ's SI joint implant system has been utilized in over 14,000 procedures to date.
What contributions does Mike Sherman bring to PainTEQ?
Mr. Sherman brings extensive expertise in orthopedic innovation, product development, and strategic partnerships to enhance the company's growth.
When did PainTEQ recruit Mike Sherman?
PainTEQ announced Mike Sherman’s appointment to the Board of Directors, effective immediately, marking a strategic enhancement of its leadership.
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