Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Manhattan Scientifics Welcomes Founder’s Return as Chairman - Medical Product Outsourcing

What are you searching for?

Sign in
Columns

Manhattan Scientifics Welcomes Founder’s Return as Chairman

Founder Marvin Maslow has rejoined New York, N.Y.-based Manhattan Scientifics Inc.’s (MSI) board, and has been named chairman.
In a related decision, the company has retained Imperial Capital LLC to explore strategic alternatives for its Metallicum division. MSI acquired Metallicum, which makes nanostructured metals used in medical devices and prosthetics, in 2008.

“In reacquiring our nano-metals technology from our former licensee we believe we added in excess of $10 million in non-cash assets to our balance sheet, plus $8 million in cash,” said CEO Manny Tsoupanarias. “We believe our metals technology is more vital now than ever before. Accordingly we retained the M&A services of Imperial Capital, an investment bank, to explore strategic alternatives to capitalize on our metals technology as it relates to Metallicum Inc.”

“I am delighted that Marvin has agreed to return to active duty on the board,” Tsoupanarias continued. “Since stepping down in 2008, Marvin has remained a valuable source of guidance and wisdom to our company, to our board, corporately and personally. Marvin’s return to lead the board of the company he founded is a reflection of MSI’s growth and expanding need for talented, experienced management. Marvin is dedicated to assisting management to enhance shareholder value.”

MSI has offices in New Mexico, New York and Montreal, Canada. It is focused on technology transfer and commercialization of transformative technologies in the nano medicine space.

Add us as a preferred source on Google

Get the latest Medical Product Outsourcing news, insights and analysis in your Google Search and AI experiences.

Add Medical Product Outsourcing as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Medical Product Outsourcing Newsletters