CytoSorbents Corporation (CTSO)

[Makenlight]

53 Employees? This is Huge...

Frank Clark
Partner at Game On 365


Co-Founder and Executive Vice President CytoSorbents Public Company; 11-50 employees; CTSO.OB; Medical Devices industry

August 1993 – March 2004 (10 years 8 months) New York, NY

Actively working with the company on several projects 2010-2013.

Co-founded and raised $50 million for startup medical device company from institutional and high net worth individual investors. Managed road shows and presented at venture capital and investment banking conferences internationally.

Managed investor relations and business development. Negotiated agreements with Fortune 500 companies. Created educational events for industry thought leaders, physicians, scientists and investors. Presented at industry events (business development) and venture investor conferences.

Company now public (CTSO) and the device received the CE Mark in March 2011 for application of blood purification in sepsis patients in a critical care setting. Device is now being sold in Europe for blood purification to treat sepsis and other critical care applications in which cytokine storm plays a substantial role. These may include severe burns, Acute Lung Injury, Acute Respiratory Distress Syndrome, pancreatitis, and improving outcomes in cardio pulmonary bypass surgeries and possibly improving organ transplant outcomes.

Built the management team and oversaw growth from 2 people to 53 people in three locations. Oversaw construction of manufacturing facility in NJ.

http://www.linkedin.com/in/frankclark