Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking medical
device company that created the Swoop® system, the world’s first
FDA-cleared portable magnetic resonance brain imaging system, today
announced the promotion of Tom Teisseyre, Ph.D. to chief operating
officer. Dr. Teisseyre will oversee product design and development,
clinical science, operations, cybersecurity, and technical
service.
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Dr. Teisseyre has served as chief product officer since June
2021 and has extensive prior experience in medical devices and
imaging. He was the head of surgical and implantable devices of
Verily Life Science, formerly Google Life Sciences. Tom also
previously held program and product positions at Google, Abbott
Medical Optics, Proximie, and OptiMedica. He holds patents and has
publications on medical imaging, medical image processing,
intraoperative imaging, surgical technology, and surgical workflow
optimization. Tom received his Ph.D. in bioengineering from UC
Berkeley and UC San Francisco and a B.S. in biomedical engineering
from Georgia Institute of Technology.
Hyperfine, Inc. also announced that, for personal reasons, Khan
Siddiqui, M.D., will transition from full-time to part-time as
chief medical officer and chief strategy officer. In this capacity,
Dr. Siddiqui will remain a strategic contributor and an active
ambassador for the company within the scientific and medical
communities and the projects with the Bill & Melinda Gates
Foundation.
“I am excited to welcome Tom into his expanded role as chief
operating officer. In his two years with the company, Tom has
overseen substantial improvements in image quality through multiple
and frequent AI-powered software releases and a robust product
roadmap of future AI-powered software and hardware products. His
contributions span strategy to operational execution and have set a
high bar of excellence. We look forward to the many achievements
his future leadership will bring,” expressed Maria Sainz, president
and CEO of Hyperfine, Inc.
Tom will be based out of the Hyperfine, Inc. Palo Alto,
California office.
For more information about the Swoop® Portable MR Imaging®
system, please visit hyperfine.io.
About Hyperfine, Inc. and the Swoop® Portable MR Imaging®
System
Hyperfine, Inc. (Nasdaq: HYPR) is the groundbreaking medical
technology company that created the Swoop® system, the world’s
first FDA-cleared portable magnetic resonance imaging (MRI) system
capable of providing brain imaging at the point of care. The Swoop®
system received initial U.S. Food and Drug Administration (FDA)
clearance in 2020 as a bedside magnetic resonance imaging device
for producing images that display the internal structure of the
head where a full diagnostic examination is not clinically
practical. When interpreted by a trained physician, these images
provide information that can be useful in determining a diagnosis.
The Swoop® system has been approved for brain imaging in several
countries, including Canada and Australia, has UKCA certification
in the United Kingdom, CE certification in the European Union, and
is also available in New Zealand.
The mission of Hyperfine, Inc. is to revolutionize patient care
globally through transformational, accessible, clinically relevant
diagnostic imaging and data solutions. Founded by Dr. Jonathan
Rothberg in a technology-based incubator called 4Catalyzer,
Hyperfine, Inc. scientists, engineers, and physicists developed the
Swoop® system out of a passion for redefining brain imaging
methodology and how clinicians can apply accessible diagnostic
imaging to patient care. Traditionally, access to costly,
stationary, conventional MRI technology can be inconvenient or not
available when needed most. With the portable, ultra-low-field
Swoop® system, Hyperfine, Inc. is redefining the neuroimaging
workflow by bringing brain imaging to the patient’s bedside. For
more information, visit hyperfine.io.
Hyperfine, Swoop, and Portable MR Imaging are registered
trademarks of Hyperfine, Inc.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995. Actual results of
Hyperfine, Inc. (the “Company”) may differ from its expectations,
estimates and projections and consequently, you should not rely on
these forward-looking statements as predictions of future events.
Words such as “expect,” “estimate,” “project,” “budget,”
“forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,”
“should,” “believes,” “predicts,” “potential,” “continue,” and
similar expressions (or the negative versions of such words or
expressions) are intended to identify such forward-looking
statements. These forward-looking statements include, without
limitation, the Company’s goals and commercial plans, the benefits
of the Company’s products and services, and the Company’s future
performance and its ability to implement its strategy. These
forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from the expected results. Most of these factors are
outside of the Company’s control and are difficult to predict.
Factors that may cause such differences include, but are not
limited to: the success, cost and timing of the Company’s product
development and commercialization activities, including the degree
that the Swoop® system is accepted and used by healthcare
professionals; the impact of COVID-19 on the Company’s business;
the inability to maintain the listing of the Company’s Class A
common stock on the Nasdaq; the Company’s inability to grow and
manage growth profitably and retain its key employees; changes in
applicable laws or regulations; the inability of the Company to
raise financing in the future; the inability of the Company to
obtain and maintain regulatory clearance or approval for its
products, and any related restrictions and limitations of any
cleared or approved product; the inability of the Company to
identify, in-license or acquire additional technology; the
inability of the Company to maintain its existing or future
license, manufacturing, supply and distribution agreements and to
obtain adequate supply of its products; the inability of the
Company to compete with other companies currently marketing or
engaged in the development of products and services that the
Company is currently marketing or developing; the size and growth
potential of the markets for the Company’s products and services,
and its ability to serve those markets, either alone or in
partnership with others; the pricing of the Company’s products and
services and reimbursement for medical procedures conducted using
the Company’s products and services; the Company’s estimates
regarding expenses, revenue, capital requirements and needs for
additional financing; the Company’s financial performance; and
other risks and uncertainties indicated from time to time in
Company’s filings with the Securities and Exchange Commission,
including those under “Risk Factors” therein. The Company cautions
readers that the foregoing list of factors is not exclusive and
that readers should not place undue reliance upon any
forward-looking statements, which speak only as of the date made.
The Company does not undertake or accept any obligation or
undertaking to release publicly any updates or revisions to any
forward-looking statements to reflect any change in its
expectations or any change in events, conditions or circumstances
on which any such statement is based.
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version on businesswire.com: https://www.businesswire.com/news/home/20230718631231/en/
Media Contact Jessica Stebing Health+Commerce
jstebing@healthandcommerce.com
Investor Contact Marissa Bych Gilmartin Group LLC
marissa@gilmartinir.com
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