BioStem Technologies Strengthens C-Suite with Shawn McCarrey Appointment
BioStem Technologies (OTC: BSEM) continues to invest in its leadership in 2024 with the appointment of proven life sciences sales leader, Shawn McCarrey, as Chief Commercial Officer. Mr. McCarrey brings a strong track record of success and deep experience in regenerative medicine markets to the role.
BioStem Technologies CEO, Jason Matuszewski, said, “I am thrilled to announce Mr. McCarrey’s arrival at BioStem and eagerly anticipate the valuable insights and dynamic strategies he will contribute. His extensive background, marked by significant achievements in transforming care standards in diverse fields such as regenerative medicine, wound care, and podiatry, is highly impressive. Mr. McCarrey’s history of success is a testament to his capabilities. We are confident that his involvement will greatly benefit BioStem’s commercial endeavors, as well as our customers and investors.”
Mr. McCarrey said, “BioStem has reached an important inflection point and has a unique opportunity to realize a number of market opportunities in the coming year. I am very pleased to join BioStem to champion the company’s talented team as it capitalizes on these opportunities.”
Highlights
Prior to joining BioStem, Mr. McCarrey held the position of Chief Commercial Officer at BLUEWAVE, successfully leading the commercialization of their proprietary system in Orthotics & Prosthetics (O&P), Wound Care, and Podiatry markets.
He also served as VP of Sales at Glytec, and prior, SVP of Sales in the regenerative medicine sector at the medical device company, AxoGen. During his tenure at AxoGen, Mr. McCarrey was instrumental in boosting the company’s annual growth rate from 39% to an impressive 60%.
Additionally, he brings valuable leadership experience from his time at Bayer, where he significantly expanded the company’s install base by 910% and grew its sales force by 250%.
About BioStem Technologies, Inc. (OTC: BSEM)
BioStem Technologies is a leading innovator focused on harnessing the natural properties of perinatal tissue in the development, manufacture and commercialization of allografts for regenerative therapies. The Company is focused on manufacturing products that change lives, leveraging its proprietary BioREtain® processing method. BioREtain® has been developed by applying the latest research in regenerative medicine, focused on maintaining growth factors and preserving tissue structure. BioStem Technologies’ quality management system and standard operating procedures have been reviewed and accredited by the American Association of Tissue Banks (AATB). These systems and procedures are established per current Good Tissue Practices (cGTP) and current Good Manufacturing Processes (cGMP). Our portfolio of quality brands includes AmnioWrap2™, VENDAJE®, VENDAJE AC® and VENDAJE OPTIC®. Each BioStem Technologies placental allograft is processed at the Company’s FDA-registered and AATB-accredited site in Pompano Beach, Florida. For more information, visit biostemtechnologies.com and follow us on Twitter and LinkedIn.
Disclaimer
This communication was produced by Prism MarketView, an affiliate of PCG Advisory Inc., (together “PCG”). PCG is an integrated investor relations, communications and strategic advisory firm. The information contained on this is ‘Paid Advertising’ for purposes of Section 17(b) of the Securities Act of 1933, as amended (together with the rules and regulations there under, the “Securities Act”). “PCG” and its affiliates are compensated by respective clients for publicizing information relating to its client’s securities. For more information in terms of compensation received for services provided by PCG, see the pertinent advertising materials relating to the respective client. By accessing this Site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy…