Cell Therapy
ThermoGenesis Announces Record Revenues and Key Executive Changes
Published in Medical Patent Business Week, May 11th, 2007
ThermoGenesis Corp. (KOOL) announced it achieved record revenues, exceeding $5 million, for its third fiscal quarter ended March 31, 2007, and key executive management change to support the Company's strategy to accelerate penetration into the high-growth stem cell therapy and surgical wound care markets. Specifically, the Company announced that Chief Executive Officer (CEO) Philip H. Coelho has signed a new employment agreement to become Chief Technology Architect upon the appointment of a new CEO by the Company's Board of Directors, a search for which is underway. Mr. Coelho will remain as Chairman of the Board and continue to serve as CEO until a new CEO is appointed, at which point he...
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