MINNEAPOLIS, Minn. (CitizenWire) — DesignWise Medical, a nonprofit pediatric device organization, announced today that it has appointed DealPen, a professional corporate development advisory firm to guide DesignWise Medical on growth and capital formation strategies. With DealPen’s leadership, DesignWise has established its Charter Campaign, a one-time sponsorship opportunity for individuals and organizations to join DesignWise Medical in developing appropriate medical devices for children and to become a permanent member of the DesignWise Medical legacy.
“I am excited to surround DesignWise Medical with industry professionals like Patrick Donohue and his DealPen team. DealPen’s corporate experience will help us execute our mission of developing appropriate medical devices for children,” said DesignWise Medical’s founder and Chairman, Brad Slaker.
One of the first activities of DealPen’s involvement is to steer DesignWise Medical’s Charter Campaign. To launch this campaign, DesignWise Medical is holding a series of open house events at their headquarters in NE Minneapolis. The first event was held on January 13, 2011 where a full house saw exhibits of current pediatric medical device projects and heard Mr. Slaker speak about plans for 2011. The next open house will be held January 27, 2011 from 4:30 to 6:00 p.m.
Patrick E. Donohue, founder and CEO of DealPen commented, “DesignWise Medical is a beacon of light to solving critical solutions for children’s unmet medical needs. Establishing a financial base from which DesignWise can achieve its goals is our top objective.” Donohue went on to say, “I have already had several friends comment that DesignWise Medical’s products in development would have been crucial in their own circumstances. I am proud to align DealPen with DesignWise Medical’s mission as DealPen actively seeks to give back to the communities in which we work and live.”
For biographies on the full board of directors as well as key volunteers for DesignWise Medical, please visit our website.
Additional information can be obtained by contacting Brad Slaker, founder and CEO at: 612-385-2015 or brad.slaker@designwisemedical.org. You may also visit our website at: www.designwisemedical.org .
About DesignWise Medical:
DesignWise Medical is a unique volunteer-based nonprofit pediatric medical device organization focused on developing solutions to children’s unmet medical needs. Through the sustained involvement of pediatric clinicians, parents, sponsors, volunteers and students we are able to identify, create and deliver collaborative solutions to an under served population. DesignWise Medical lies within the heart of the world-renowned medical device industry of the Upper Midwest with access to the regions highly regarded children’s hospitals and engineering and technical schools. DesignWise Medical is committed to changing the dynamics of the children’s medical device landscape by facilitating the collaboration of volunteer and philanthropic resources enabling us to develop pediatric medical devices at a fraction of the cost of the traditional approach to product development. By removing the predominant, financial barrier, we can ensure appropriate medical devices get made for children that need them.
About DealPen:
DealPen is a professional capital markets advisory firm providing conflict-free advice on navigating corporate lifecycle events. DealPen is an independent voice on best practices for executing growth and capital formation strategies.
DealPen was founded by Patrick E. Donohue, CFA and is dedicated to client-centric capital markets solutions. DealPen is committed to giving back to the community in which our team members work and live. Learn more at www.dealpen.com .
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