Schmidt Group Updates | May2024

April MedTech Wrap-Up

• Philips agrees to pay $1.1 billion settlement after wide-ranging CPAP machine recall
• Private equity pushes wave of healthcare bankruptcies
• 'This is long overdue': Physicians react to the FTCs' noncompete ban
• Houston hospital halts liver and kidney transplants after learning a doctor manipulated records
• US biotech executive sentenced to 7 years in jail for COVID test fraud
• Rise In Class I Device Recalls A ‘Grave Concern,’ Says FDA’s Anne Reid
• Building a successful robotic-arm assisted orthopedic surgery program

If you are an entrepreneur or start-up with a new innovative technology that is in the early stages of planning your commercial strategy, Sanford Rose is here to promote your technology, create awareness and support your growth.

Our 1099 Accelerator Program is a tailored, flat rate recruiting program to help start-ups hit the ground running and growth focused companies fill the gaps. Since inception, we have partnered with over 40 medical device companies, introducing them to thousands of qualified, independent distributors.

When your organization is ready to overshadow the competition, reach out to Bonnie!

Industry Spotlight

Visit SteveSapot.com to connect with Steve and gain clarity on how your company can avoid early-stage commercialization mistakes.

Click here to see Steve’s 10 Stage Pre-Commercialization Audit for Med Device & Med Tech CEOs.

This seasoned sales executive possesses over 15 years of experience in sales, specializing in capital equipment, software, information technology, and healthcare services. With a focus on the healthcare sector, he has demonstrated proficiency in navigating complex environments and delivering results-driven solutions.

Highlights include:

• In his most recent role as Sr. Regional Sales Manager, he successfully led the sale and launch of a groundbreaking surgical intelligence platform across a wide geographic area, achieving significant sales targets and earning recognition for his performance.
• Prior to this, he held positions where he strategically engaged with clients over extended periods, focusing on understanding their needs and delivering tailored solutions.
• Throughout his career, he has consistently surpassed sales quotas and received accolades such as President's Club and Manager of the Year recognition.
• He has a proven track record of building and maintaining strong client relationships, driving consensus among stakeholders, and effectively managing the sales process from initiation to implementation.

Interested in Regional Sales Manager, Area Director, and Area Vice President roles.

If you wish to speak to this candidate, call Neal at 985-789-0490 or use the link below to schedule a meeting!

In honor of Jazz Fest, we wanted to include a recipe for one of the most beloved festival foods in the state, crawfish bread. This recreation is a little different than the fan favorite served at Jazz Fest, which is more like a crawfish calzone, but it’s much easier and doesn’t require baking your own special bread for the filling! But if you’re experiencing FOMO and can’t make it to Jazz Fest, you can order the authentic, New Orleans Crawfish Bread straight from the original creator at https://www.nolacrawfishbread.com/.

Recipe:

• ¼ teaspoon cayenne pepper
• ¼ cup chopped green onions
• ½ cup mayonnaise
• 1 teaspoon Creole mustard (or other whole-grain spicy mustard)
• 8 ounces grated provolone or mozzarella cheese
• 2 (15-inch) loaves of poboy bread (soft French bread)

Instructions:

1. MELT butter over medium heat in large skillet; when hot, add onion, celery, and bell pepper.
2. COOK, stirring occasionally, until vegetables have wilted, about 5 minutes. Add garlic; cook and stir for 2 minutes.
3. ADD crawfish tails, Worcestershire, hot sauce and salt; cook and stir until crawfish have warmed through and released any liquid and the liquid has evaporated, about 3 minutes. Stir in green onions, then set crawfish mixture aside to cool.
4. PREHEAT oven to 350°F.
5. STIR mayonnaise, Creole mustard and cheese into cooled crawfish mixture until well combined. Taste and adjust seasoning if necessary.
6. CUT both loaves of bread nearly in half lengthwise and divide crawfish mixture evenly on bottom portion of each loaf.
7. FOLD top portion of bread back over crawfish filling, then wrap each loaf tightly in aluminum foil. Place on a baking sheet and bake until filling is heated through and cheese is melted, 25 to 30 minutes.
8. SLICE loaves into desired portions and serve hot.

We build executive teams.

Experts in medical device specializing in your key leadership positions

1099/Independents

R&D

Sales & Marketing

Regulatory/Quality

Engineering/Manufacturing

Neal Hightower, Owner and Managing Partner

[email protected]
(985) 789-0490

Neal specializes in C-level and International Leadership executive search.

www.sanfordrose.com/schmidtgroup

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