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MedTech Outlook | Tuesday, January 04, 2022
Dr. C. Randall Mills has been named Interim President and Chief Executive Officer of Aziyo Biologics.
FREMONT, CA: “Randy and I started Aziyo in 2015 with a vision of building a company that would help improve the lives of patients by developing and commercializing a pipeline of cutting-edge regenerative medicine products," states Kevin Rakin, executive chairman. Aziyo Biologics, Inc., a commercial-stage regenerative medicine business focused on generating the next generation of differentiated medicines and improving surgical outcomes for patients, has appointed C. Randal (Randy) Mills, Ph.D., as interim president and CEO. Ronald Lloyd will resign from these posts, but he will remain with the organization until the end of the third quarter to aid with the transition. Kevin Rakin, the co-founder of Aziyo, has also acquired the position of executive chairman.
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“Under Rons leadership, the company has made tremendous progress, including guiding the organization through its initial public offering (IPO), establishing commercial partnerships with major medical device companies and, most recently, the filing of a premarket notification with the FDA for the CanGaroo® RM Antibacterial Envelope. Randy and I thank Ron for his efforts and look forward to building upon the momentum that this impressive foundation affords,” adds Rakin.
"Kevin and I have been very fortunate to have both led companies that successfully developed biosurgical innovations for patients in need, and in doing so, helped create significant value for shareholders," comments Randy Mills, Ph.D., interim president, and CEO. "It is my honor to work with the team and board through this transition while we advance our operational, clinical and R&D efforts with the goal of solidifying our proprietary products as clear, evidence-based market leaders."
The company repeats its previous forecast that net sales for 2022 will range between $47 and $50 million.
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