Finance Articles

Medical Capital Group, LLC Expands Its Medical Technology Investment-Banking Team

WALTHAM, Mass. (BusinessWire EON) September 24, 2007 -- "We are pleased that Dr. Sundram has joined Medical Capital Group, and we are looking forward to working with him. His clinical and medical knowledge will provide our firm's clients with the deep knowledge and understanding that they need to develop exceptional medical devices for the advancement of healthcare delivery," said Christopher J.P. Velis, Chairman and CEO of Medical Capital Group.

Dr. Sundram will serve as Vice President and Medical Director at Medical Capital Development, working in the business development group and facilitating the evolution of cutting-edge medical technologies into growth companies.

Most recently, he has served as a pain specialist at Massachusetts General Hospital. Dr. Sundram is a member of the Scientific Advisory Board of Acumen Medical, an early-stage medical device firm developing catheters for the placement of leads in Bi-Ventricular pacemakers. Previously, Dr. Sundram co-founded ChemTracker Technologies. Dr. Sundram holds four device patents and has co-authored eight scientific papers. He holds a bachelor of science degree from Wayne State University and graduated from Wayne State University School of Medicine. He also attended the University of Pennsylvania, the School of Anesthesiology and Critical Care. Dr. Sundram completed a pain fellowship at Massachusetts General Hospital/Harvard University.

About Medical Capital Group, LLC

Medical Capital Development partners with engineers, scientists, doctors, and universities in the development and financing of companies--based on exceptional medical technologies. The team is comprised of: experienced entrepreneurs who have founded and run medical technology companies; physicians with clinical experience; and, financial experts with investment banking experience specific to the medical technology sector. Through years of sector-specific medical technology experience, the Group has developed proprietary insight and contacts in the areas of clinical, regulatory, design/engineering, intellectual property, sales/distribution, management, financing, and extensive contacts with major strategic acquirers.

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