By Jessie Yount, Orange County Business Journal
Modulim has named Charlie Huiner chief executive.
Huiner comes from the Irvine-based firm after nearly six years with Santa Barbara-based Sientra, Inc. (NASDAQ: SIEN), where he helped raise $375 million in equity financing including a successful IPO.
In his new role, Huiner will oversee Modulim’s Series C fundraising efforts and lead commercial strategy for its Clarifi imaging device, the company said.
“With Charlie’s experience and expertise, we are poised to build from a number of key milestones recently achieved by the Company to accelerate commercialization,” said Chief Technology Officer David Cuccia.
Modulim received CE Mark certification this month for its noninvasive, radiation-free imaging system, which produces images that resemble a thermal heat map. Warmer colors signal better blood perfusion, while darker ones indicate low oxygenation.
The company’s product is largely focused on diagnosing and preventing the effects of diabetic foot ulcers.
Cuccia invented Modulim’s imaging technology at the UCI Beckman Laser Institute and introduced Clarifi to the U.S. market last fall.
The company has raised more than $21 million in public and private funds to date.
Read the full Orange County Business Journal article.