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MedTech Outlook | Wednesday, March 23, 2022
As the Chairman of UroMems’ Board of Directors, Steffen Hovard will be responsible for the company's growth in financial, clinical development, and commercial footprint in the U.S.
Fremont, CA: "Steffen has been a key contributor to the Companys development since he joined our Board in 2020. We are grateful that he has accepted the additional responsibility as Chairman of our Board of Directors. His strong reputation within the medical device industry will be of great assistance as we transition from being a French emerging medical device company into a global, clinical stage medical device company," comments Hamid Lamraoui, Chief Executive Officer and co-founder of UroMems. UroMems, the creator and manufacturer of UroActiv, the first active medical implanted device for treating stress urinary incontinence, has promoted Steffen Hovard, who is currently a member of UroMems Board, to the position of Chairman of the Company's Board of Directors. Mr. Hovard is a leader in the U.S. medical device sector, with a great track record in urology. As chairman, he will concentrate on expanding UroMems' financial, clinical development, and commercial presence in the United States.
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“I joined UroMems Board in 2020 because I believed that the UroActive "¢ device is truly innovative and potentially transformational treatment for the millions of men and women worldwide who suffer from stress urinary incontinence or SUI,” states Mr. Hovard. “Now as we approach the initiation of clinical trials in the U.S., I was offered the opportunity to increase my involvement with UroMems by taking on the responsibility as Chairman of the Board. I hope to further assist the Company in reaching its goals of increasing U.S. investors interest, launching clinical trials and anticipating the commercial launch in the U.S. and other geographies.”
Mr. Hovard has been a significant leader in the urology medical device sector for more than 20 years. He has held numerous executive positions with Coloplast, a publicly-traded worldwide medical device manufacturer, subsidiaries. From 2011 to 2019, he worked as the President of the global Interventional Urology business, a $300 million, rapidly expanding business with a vast range of both single-use and implantable devices. Mr. Hovard now serves on the Boards of several medical device companies. Mr. Hovard, who has worked worldwide throughout his career and now resides in the United States, provides a geographical and business perspective to UroMems, providing a solid basis for the company's transformation as it prepares for clinical testing and ultimate commercialization.
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