Eamonn P. Hobbs
Eamonn Hobbs is a medical executive, entrepreneur and inventor within the fields of Radiology, Oncology and Gastroenterology.[1] [2] [3] [4][5]He is best known as the Co-Founder and past CEO of AngioDynamics, Inc., which he started in 1988 and took public in 2004.[6][7][8] Hobbs is also the former Chairman of the Medical Device Manufacturing Association (MDMA) where he helped to shape industry and FDA legislation.[9][10][11][12] In recognition of his contributions, he was granted an honorary fellowship in the Society of Interventional Radiology (SIR) in 2005, receiving one of ten Honorary Fellowships granted in the nearly 50-year history of the SIR, and one of only three ever granted to a non-physician.[13][6]
Personal[edit]
Eamonn Hobbs was born June 12, 1958 in Springfield, Massachusetts shortly after his parents immigrated from Dublin, Ireland to the U.S. with his three older brothers.[14] He attended Classical High School in Springfield where he was a standout student and athlete.[15] Upon graduating in 1976, Hobbs accepted an appointment to the U.S. Air Force Academy with the goal of joining NASA to become an astronaut.[4][15] After several months at the Academy, Hobbs learned that he had a progressive astigmatism that would disqualify him from being a pilot based on vision requirements.[4][15] With vision restrictions preventing him from becoming an astronaut, he left the Academy in September of 1976 and transferred to Lowell Technical College (now University of Massachusetts Lowell) where he pursued a B.S. degree in Plastics Engineering with a Biomaterials emphasis.[4] [7] Graduating in 1980, he was the winner of “The President’s Medal” for distinguished student performance (Top 1%).[12]
Career[edit]
Hobbs started his career in 1980 at Cook Medical, Inc. in Bloomington, Indiana where he was a Product Development Engineer.[6] In 1983, he returned to the Northeast to start his own company, Hobbs Medical, specializing in trans-endoscopic interventional devices for Gastroenterologists.[16] He sold the company in 1985 and began working for North American Medical Instruments Corporation (NAMIC) as the Vice President of Marketing and Product Development.[6] In 1994 Pfizer acquired the company for $155 million.[17]
Remaining in the radiology field, Hobbs joined E-Z-EM, Inc. (now Bracco) in 1988 as the Senior Vice President of Business Development.[18] Hobbs identified a growing Interventional Radiology market and created a business plan to spin out a subsidiary of E-Z-EM to develop new products.[19] In 1988 Hobbs executed the plan and co-founded AngioDynamics, Inc. in Queensbury, NY along with E-Z-EM CEO Howard Stern.[20] As CEO, Hobbs grew the business from a wholly-owned, green field start-up to an international stand-alone profitable public company with over 700 employees and revenues in excess of $200 million[21][7]
Hobbs took the company public in 2004[8] and AngioDynamics (NASDAQ: ANGO) was considered one of the best performing medical technology IPOs of the class of 2004.[22] ANGO was recognized in Business Week as a “Hot 100 Top Growth Company” for 2005 and 2006[23] and received a #11 ranking in Forbes “Best 200 Small Companies” in 2006.[24]
In 2009 Hobbs stepped down from AngioDynamics and took over as CEO of Delcath, Inc. (NASDAQ: DCTH)[8], an early-stage cancer therapy company for whom he already served on the Board of Directors. During his 4 year tenure, he took the company from a team of 7 to a fully commercial and manufacturing operation[25] with over 65 employees. In 2014 Hobbs assumed the role of interim CEO for Antares Pharma (NASDAQ: ATRS), a specialty pharmaceutical company that focuses on drug/device combination products.[26] Hobbs had also served on the ATRS Board of Directors starting in 2009 prior to becoming CEO.[27]
He currently serves as a Visiting Scholar and Entrepreneur in Residence for the Translational Accelerator at Brigham and Women's Hospital, Harvard Medical School.[16]
Board of Directors Positions[edit]
Hobbs has served on numerous public and private boards throughout his career.
Current board positions include:[edit]
OraSure Technologies 2016 - Present[7]
- Audit and Compensation Committees
Medical Device Manufacturers Association (MDMA) 2004 - Present[12]
- Chairman of the Board 2008 - 2012
Marvao Medical Devices, Ltd. 2013 - Present[28][12]
- Chairman of the Board
Harmonics Medical, Inc. 2014 - Present[29]
Previous Board Positions[edit]
Antares Pharma, Inc. (NASDAQ: ATRS) 2009 - 2016[27]
- Accepted interim CEO position in June 2014.
Glens Falls Hospital 2013 - 2015[30]
Morris Innovative, Inc. 2013 – 2015[30]
Delcath Systems Inc. (NASDAQ: DCTH) 2008 - 2013[31]
- Accepted CEO position in July 2009.
Cappella Cardiovascular Systems, Inc. 2009 – 2013[12][32]
- Chairman of the Board
Sentinelle Medical Inc. 2008 – 2010[30]
AngioDynamics, Inc. (NASDAQ: ANGO) 1988 – 2009[6]
- Co-founder and Vice Chairman of the Board
Society of Interventional Radiology Foundation 2002 - 2008[6]
- Sole Industry member of the Board
Awards[edit]
- 1980 Lowell Tech winner of “The President’s Medal” for distinguished student performance (Top 1%)[12]
- 2005 Honorary Fellowship, Society of Interventional Radiology (SIR)[6][13]
- 2010 U. Mass Lowell “Francis Cabot Lowell Award for Outstanding Achievement in Business"[33]
- 2011 U. Mass Lowell “Plastics Engineering Alumni Innovator Award” for achievement in medical plastics innovations resulting in over 30 issued US patents and over 100 issued patents around the world that directly lead to revenues of over $1 billion.[5]
- 2012 Society of Interventional Radiology Foundation Frederick S. Keller Philanthropist of the Year Award.[34]
Philanthropy[edit]
In 2006, Hobbs established the Eamonn P. Hobbs Scholarship for Excellence Endowment Fund at U. Mass Lowell, which provides scholarship support to students in the Plastics Engineering Department.[35][36]. In 2012 he was awarded the Society of Interventional Radiology Foundation Frederick S. Keller Philanthropist of the Year Award.[34]
References[edit]
- ↑ "Google Patents". patents.google.com. Retrieved 2018-06-04.
- ↑ "MassDevice Q&A: Delcath CEO Eamonn Hobbs - MassDevice". www.massdevice.com. Retrieved 2018-06-04.
- ↑ "Eamonn P. Hobbs Inventions, Patents and Patent Applications - Justia Patents Search". patents.justia.com. Retrieved 2018-06-04.
- ↑ 4.0 4.1 4.2 4.3 McAdams Corbett, Sarah (Fall 2012). "EAMONN HOBBS '80: 30 YEARS OF CHALLENGE, RISK AND CHANGE". U Mass Lowell Magazine for Alumni and Friends. 15:2: 34 – via U Mass Lowell.
- ↑ 5.0 5.1 "Eamonn P. Hobbs '80". Retrieved 2018-06-04.
- ↑ 6.0 6.1 6.2 6.3 6.4 6.5 6.6 Letter, The Pharma. "Eamonn Hobbs". www.thepharmaletter.com. Retrieved 2018-06-04.
- ↑ 7.0 7.1 7.2 7.3 Inc., OraSure Technologies,. "OraSure Technologies Appoints Eamonn P. Hobbs to its Board of Directors". GlobeNewswire News Room. Retrieved 2018-06-04.
- ↑ 8.0 8.1 8.2 "Delcath - Reuters News". delcath.com. Retrieved 2018-06-04.
- ↑ "AngioDynamics President & CEO Eamonn Hobbs Calls On Congress to Act in FDA Bill to Protect Patients By Regulating Compounding Pharmacies | AngioDynamics". AngioDynamics. Retrieved 2018-06-04.
- ↑ "Nation's Largest Hospitals Say Medical Device Group's Proposal on Health Care Group Purchasing Organizations Would Drive Health Care Costs Higher".
- ↑ "Inside Look: MDMA to Target Regulatory Process". MDDI Online. 2011-11-29. Retrieved 2018-06-04.
- ↑ 12.0 12.1 12.2 12.3 12.4 12.5 "Eamonn Hobbs - Medical Device Manufacturers Association (MDMA)". medicaldevices.site-ym.com. Retrieved 2018-06-04.
- ↑ 13.0 13.1 "AngioDynamics' CEO Eamonn Hobbs Granted Honorary Fellowship by Society of Interventional Radiology | AngioDynamics". AngioDynamics. Retrieved 2018-06-01.
- ↑ edemuth@poststar.com, Erin DeMuth. "A dialogue with AngioDynamics' Eamonn Hobbs". Glens Falls Post-Star. Retrieved 2018-06-04.
- ↑ 15.0 15.1 15.2 "Angio Dynamics, Inc. - Dictionary definition of Angio Dynamics, Inc. | Encyclopedia.com: FREE online dictionary". www.encyclopedia.com. Retrieved 2018-06-04.
- ↑ 16.0 16.1 "Meet Eamonn Hobbs, BWH's Entrepreneur in Residence". BWH Clinical & Research News. 2017-06-05. Retrieved 2018-06-01.
- ↑ Freudenheim, Milt. "COMPANY NEWS; Pfizer Obtains Namic and Its Chief". Retrieved 2018-06-01.
- ↑ "Delcath Systems Appoints Eamonn Hobbs CEO - Update". RTTNews. Retrieved 2018-06-04.
- ↑ "History | AngioDynamics". intl.angiodynamics.com. Retrieved 2018-06-04.
- ↑ "OBIT/AngioDynamics Mourns Loss of Co-Founder, Director Howard S. Stern | AngioDynamics". AngioDynamics. Retrieved 2018-06-04.
- ↑ "ANGIODYNAMICS INC (ANGO) IPO". NASDAQ.com. Retrieved 2018-06-01.
- ↑ "https://www.bizjournals.com/albany/stories/2005/01/10/story7.html". www.bizjournals.com. Retrieved 2018-06-01. External link in
|title=(help) - ↑ "AngioDynamics Named One of BusinessWeek's Top 100 Hot Growth Companies for 2005". AngioDynamics.com. Retrieved 2018-06-01.
- ↑ "The 200 Best Small Companies - Forbes.com". www.forbes.com. Retrieved 2018-06-01.
- ↑ "Delcath - Reuters News". delcath.com. Retrieved 2018-06-01.
- ↑ "https://www.bizjournals.com/albany/blog/health-care/2014/07/angiodynamics-co-founder-named-ceo-of-nj-company.html". www.bizjournals.com. Retrieved 2018-06-04. External link in
|title=(help) - ↑ 27.0 27.1 "Antares Pharma Welcomes Eamonn P. Hobbs to Board of Directors". Retrieved 2018-06-04.
- ↑ "Eamonn Hobbs Joins Marvao Medical Board of Directors | Evaluate". www.evaluategroup.com. Retrieved 2018-06-04.
- ↑ "Eamonn Hobbs Joins Marvao Medical Board of Directors – Medical Technology Industry Leader Will Serve as Chairman | Marvao Medical Devices". www.marvaomedical.com. Retrieved 2018-06-04.
- ↑ 30.0 30.1 30.2 "Morris Innovative Names Eamonn Hobbs to Board of Directors". PRWeb. Retrieved 2018-06-04.
- ↑ "Eamonn Hobbs Appointed President & CEO of Delcath Systems (DCTH)". StreetInsider.com. Retrieved 2018-06-04.
- ↑ "Eamonn Hobbs Accepts Appointment as Chairman of the Board of Directors of Cappella | BioSpace". BioSpace. Retrieved 2018-06-04.
- ↑ "OraSure Technologies adds Eamonn P. Hobbs to board". www.poandpo.com. Retrieved 2018-06-04.
- ↑ 34.0 34.1 Radiology, Society of Interventional. "John A. Kaufman Named 2012 Dotter Lecturer by Society of Interventional Radiology Foundation". www.prnewswire.com. Retrieved 2018-06-04.
- ↑ "Eamonn Hobbs '80 Creates Plastics Scholarship Fund". Retrieved 2018-06-01.
- ↑ "Endowments | Alumni | About Us | Plastics Engineering | UMass Lowell". www.uml.edu. Retrieved 2018-06-04.
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