DELPHINUS MEDICAL TECHNOLOGIES - Key Persons


Dr. Ellen Mendelson

Job Titles:
  • Professor of Radiology
Dr. Ellen Mendelson is Lee F. Rogers Professor of Radiology in Medical Education and Professor of Radiology at the Feinberg School of Medicine, Northwestern University in Chicago, Section Chief of Breast and Women's Imaging, and Director of the Fellowship in Breast and Women's Imaging at Northwestern Memorial Hospital in Chicago. Her medical training, radiology residency, and fellowship were all accomplished at Northwestern. Dr. Mendelson is active in the American College of Radiology where she is a member of the Breast Commission and chairs the Breast Economics Committee. She also chaired the ACR committee that wrote the first edition of BI-RADS [Breast Imaging Reporting and Data Systems®] for Ultrasound, currently in wide use, as well as the committee that prepared the second edition for 2013 publication. Her major research interests are in new technologies for diagnosis particularly involving automated ultrasound and MRI, applications of automated ultrasound and workflow issues, and imaging guided breast interventional procedures. Dr. Mendelson was co-investigator of the multicenter ACRIN 6666 trial of screening with ultrasound and mammography versus mammography alone in women with elevated risk of breast cancer. Dr. Mendelson is widely published and an invited speaker nationally and internationally on breast imaging and imaging-guided interventional procedures. She is co-author with Prof. Helmut Madjar of a textbook, The Practice of Breast Ultrasound (Theime, 2008). Dr. Mendelson is also on the faculty of The International Breast Ultrasound School.

Elizabeth Morris

Job Titles:
  • Department Chair of Radiology at University of California
Dr. Morris is Department Chair of Radiology at University of California, Davis - School of Medicine. She was formerly the Chief of the Breast Imaging Service at Memorial Sloan Kettering Cancer Center (MSKCC) and Professor of Radiology at Weill Cornell Medical College and the Larry Norton Endowed Chair. She is a fellow of the American College of Radiology (ACR), Society of Breast Imaging (SBI) and International Society of MR in Medicine (ISMRM). She currently serves as President of the SBI. Dr. Morris graduated summa cum laude from the University of California Davis and received her medical degree from the University of California, San Francisco (UCSF). She completed her residency at Cornell University Medical College and breast imaging fellowship at MSKCC. Her research focus is on how best to use newer techniques such as MRI for early breast cancer detection and to improve the workup of breast lesions. In collaboration with her colleagues, she has written over 130 papers, chapters, and books about breast disease with an emphasis on the use of MRI. She has lectured widely both nationally and internationally at over 300 conferences. Currently, she chairs the MR section of the ACR BI-RADS® Lexicon. She has authored a book "Breast MRI: Diagnosis & Intervention. Her recent research efforts have involved looking at imaging biomarkers to assess risk and treatment response.

Hugo Braun

Job Titles:
  • Investor
  • Director / Partner & Co - Founder, North Coast Technology Investors
  • Partner and Co - Founder of North Coast Technology
Mr. Braun is a partner and co-founder of North Coast Technology Investors, a Michigan-based venture capital firm with $100 million under management. North Coast focuses on early stage investments in IT, advanced materials and life sciences. Prior to North Coast, Mr. Braun worked in San Francisco co-managing Bank of America's venture capital portfolio. Previously, he was a management consultant with Strategic Planning Associates, a spin-off of the Boston Consulting Group based in Washington, DC. He holds an M.S. in Management from the Sloan School of Management at MIT and a B.A. in Economics from Yale University. Hugo joined the Delphinus Board of Directors at the time of its formation in May 2010.

John Neis

Job Titles:
  • Director / Managing Director, Venture Investors LLC
  • Managing Director of Venture Investors LLC
Mr. Neis is a Managing Director of Venture Investors LLC, an early stage venture capital firm with offices in Madison, Wisconsin and Ann Arbor, Michigan. The firm's venture capital funds are focused on opportunities emerging from leading research universities in the Midwest. John leads the firm and heads the firm's Health Care practice. He also currently serves on the Board of Directors of Cellectar BioSciences, Inc., Virent, Inc., Deltanoid Pharmaceuticals, Inc., and Great Lakes Pharmaceuticals, Inc. He was appointed by the Governor to the Board of the Wisconsin Technology Council, the science and technology advisor to Wisconsin's Governor and Legislature. He also serves on the Dean's Advisory Board and the Weinert Applied Ventures Program Advisory Board in the School of Business and chairs the Tandem Press Advisory Board in the School of Education at the University of Wisconsin - Madison. He holds a B.S. in finance from the University of Utah, and received a M.S. in Marketing and Finance from the University of Wisconsin - Madison. He is a Chartered Financial Analyst.

Lee F. Rogers

Job Titles:
  • Professor of Radiology

Marilyn Roubidoux

Job Titles:
  • Professor of Radiology at the University of Michigan School of Medicine
Dr. Roubidoux is Professor of Radiology at the University of Michigan School of Medicine, and a board certified radiologist and is MQSA qualified. She is a Fellow of the American College of Radiology, as well as a Fellow of the Society of Breast Imaging. Her primary area of research is in breast imaging and new technologies for breast cancer detection.

Mark J. Forchette

Job Titles:
  • Investor
  • Director / President & CEO, Delphinus Medical Technologies, Inc.
  • Medical Technology Executive
Mr. Forchette is an accomplished medical technology executive with demonstrated success transforming industries and driving breakthrough technologies to market leadership. Prior to joining Delphinus, Forchette was president and chief executive officer of OptiMedica Corporation, an ophthalmic medical device company that dramatically changed the standard of care in retina, glaucoma and cataract. He led the start-up venture through development and growth, successfully completed multiple rounds of financing, and oversaw the company's acquisition by Abbott Laboratories in 2013. He began his career in the medical technology industry as a sales representative at Greishaber and Company, Inc., where he ultimately became vice president of U.S. sales and marketing and led the company through its acquisition by Alcon. During his tenure at Alcon, he steered the tactical integration of Grieshaber, advanced to Vice President of vitreoretinal sales and global marketing, and led the retina portfolio through substantial market share gain. Mr. Forchette has a bachelor's degree in marketing from Auburn University and completed the Harvard Program for Management Development. He is currently on the Dean's Advisory Board of the Harbert College of Business at Auburn and is a member of the board of directors of VisionCare Technologies in Saratoga, California.

Michael Fulton

Job Titles:
  • Investor
  • Director / Managing Director, Hopen Life Sciences Ventures
Dr. Fulton has over 20 years of experience in the life sciences space, including 14 years as a successful early stage investor and entrepreneur. Prior to joining Hopen, Mike served in the roles of founder, director, and CEO at startup medical device and services companies, including Lanx, Inc., the second largest private company in the $7B spinal implant market. As CEO of Lanx, he built the organization from a single employee, pre-revenue company into an international corporation with over 200 employees. His accomplishments included raising over $50M in equity and venture debt, building a world-class team of medical device professionals, and launching an innovative fusion product that advanced a new paradigm in spinal treatment. Mike also played a key leadership role, served on the Board, and helped raise over $46M of equity for ProNerve, LLC, an Intraoperative Monitoring company he co-founded in 2007. Mike is an inventor of multiple neurosurgical and spinal devices with over 50 issued and pending U.S. and international patents. He received his B.A. from Northwestern University, his M.D. from Cornell University Medical College, and completed two years of neurosurgery residency at the Cleveland Clinic.

Michael Gross

Job Titles:
  • Investor
  • Director / Managing Director, Beringea, LLC
  • Managing Director at Beringea
Mr. Gross is Managing Director at Beringea, LLC and is responsible for investment sourcing, deal execution and portfolio management, with a focus on healthcare, technology enabled services, and sustainability. He joined the Board of Directors for Delphinus Medical Technologies in 2010. Within the Beringea portfolio of companies, he serves on the boards of Molecular Imaging, InTouch Health, Intervention Insights, Xanitos, Freeosk, and Fiber By-Products, and is a board observer for MedVantx. Previous portfolio companies include Pioneer Surgical Technology (acquired by RTI Biologics), Relume Technology (acquired by Revolution Lighting), and Ecosynthetix (TSX: ECO). Prior to joining Beringea, Mr. Gross was vice president of investment banking with P&M Corporate Finance as well as the investment banking group at Stout Risius Ross, Inc. He is a CFA charterholder and earned a B.A. in Finance from Michigan State University.

Paul McCreadie

Job Titles:
  • Investor
  • Chairman / Managing Director, Arboretum Ventures
  • Managing Director at Arboretum Ventures
Mr. McCreadie is a Managing Director at Arboretum Ventures, a healthcare focused venture capital firm located in Ann Arbor, Michigan. Paul is responsible for sourcing and leading new investments in promising Medical Technology and Health IT companies. He led Arboretum's investments into Delphinus Medical Technologies, Wellfount Pharmacy, ArborMetrix, and Advance Medical and currently serves on the Board of Directors of each company. He is the former Chief Operating Officer for CerviLenz, a portfolio company based in Ohio, where he led the re-design of the company's first commercial product from concept to launch. Prior to joining Arboretum in 2006, Paul worked at Ford Motor Company for eight years in product development, manufacturing, and business strategy. Paul earned a BS and MS in Mechanical Engineering from the University of Michigan and an MBA from the Ross School of Business at the University of Michigan.

Rachel Brem

Job Titles:
  • Director / Director, Breast Imaging and Intervention, the George Washington University
  • Founder of the Brem Foundation to Defeat Breast Cancer
Dr. Brem is one of the nation's most renowned radiologists and experts on breast imaging and intervention. She is currently the Director, Breast Imaging and Intervention at The George Washington University and the Program Leader, Breast Cancer, at The George Washington Cancer Center. She also serves as the Director of the Breast Imaging and Intervention Fellowship and Vice-Chair for Research and Faculty Development in the Department of Radiology at The George Washington University. Dr. Brem is founder of the Brem Foundation to Defeat Breast Cancer, an organization with the mission to maximize women's chances of finding curable breast cancer through expert education, access to diagnostic tests, and physician training. Dr. Brem played a key role in the development of Computer Aided Design (CAD) and was involved in the first FDA cleared artificial intelligence product for mammography. In addition, she is actively involved in the advancement of Automated Breast Ultrasound Systems (ABUS), Molecular Breast Imaging (MBI) and Magnetic Resonance Imaging (MRI) as supplemental breast imaging modalities. Dr. Brem earned her medical degree from Columbia University. She completed her internship in internal medicine at the Sinai Hospital of Baltimore and her residency in radiology at the Johns Hopkins Hospital. She pursued further training in magnetic resonance imaging and breast imaging as a fellow at Johns Hopkins Medical institutions.

Ronald Ho

Job Titles:
  • Director
Mr. Ho's career has included multiple executive positions spanning 25 years within the medical device industry. He was President and CEO of U-Systems from 2008-2013, developer of the somo•V automated whole breast ultrasound system. During his tenure, the company completed the largest clinical trial of its kind and achieved a first and only FDA approval for a breast ultrasound screening indication. Following this, Mr. Ho directed U-Systems through the successful acquisition by GE Healthcare, occurring in November 2012. Prior to U-Systems, he served as President and CEO of Metron Systems, guiding the technology start-up to develop and commercialize advanced optical measurement systems. With 16 years in various executive positions at Siemens Medical Solutions, he led R&D and Operations for the entire portfolio of ultrasonic transducers, including the highly successful AcuNav line of intracardiac echocardiography imaging catheters and the creation of the multi-dimensional family of transducers. Prior to Siemens, Mr. Ho spent 4 years in product development with Quantum Medical Systems, a venture-backed company that pioneered color flow ultrasound and was subsequently acquired by Siemens. Mr. Ho serves on Boards of Directors and as advisor for several medical device companies. He earned a BS and MS degree in Mechanical Engineering from the University of Washington and holds several ultrasound-related patents.