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E&Y Entrepreneurs of the Year announced: life sciences winner is founder of a patient-monitoring device manufacturer
Life sciences runners-up include executives of Spectrum Pharmaceuticals, Dohmen Group and Gauthier Biomedical
The Ernst & Young Entrepreneur of the Year is Joe Kiani, founder and chairman of Masimo Corp., a manufacturer of patient-monitoring devices. The company, founded in his garage, now employs 2,300. The E&Y writeup includes mention of a situation that many pharma manufacturers can sympathize with: clinicians were enthusiastic users of the company’s devices, but “more established companies and group purchasing organizations (GPOs) were reluctant to let Masimo Corporation succeed in the market.”
The finalists include:
- Dr. Rajesh Shrotiya, chairman of Spectrum Pharmaceuticals (Henderson, NV)
- Cynthia LaConte, CEO of Dohmen (Milwaukee)
- Michael and Staci Gauthier, president and VP, respectively, of Gauthier Biomedical (Grafton, WI)
A gala awards ceremony was held in Palm Springs, CA in mid-November, culminating the months-long regional and national competition; awards are also given in nine other business categories. More details are available here.