ARLINGTON, Va.--(BUSINESS WIRE)--The Medical Device Innovation Consortium (MDIC), announced that CVRx’s President and CEO Nadim Yared has been named chairman of the MDIC Board of Directors and Executive Committee for a two-year term. Yared has served on the MDIC Board of Directors since 2013. He will succeed Abiomed President and CEO, Michael Minogue who will remain on the Board.

“Since its inception, MDIC has worked to transform regulatory processes to deliver critical, innovative medical technologies in a timely manner to U.S. patients who need them,” said Yared. “I am excited to take on this role as Chairman of the Board for MDIC, and to work alongside fellow board members, MDIC leadership, and its membership as we deepen the organization’s commitment to bring together government, industry, and non-profit partners to support timely, safe, and cost-effective medical device innovation.”

Yared is currently President and CEO of CVRx, a private company that has developed an implantable medical device to treat high blood pressure. He previously served as Vice President and General Manager of Medtronic Navigation, the leading supplier of integrated image-guided surgery products in the world. He joined Medtronic Navigation in 2002 after a 10-year career with GE Medical, where he held engineering and marketing management positions of increasing responsibility, including Vice President and General Manager of GE's European X-ray business. Yared received an engineering degree from Ecole Nationale Supérieure des Télécommunications and an MBA from INSEAD in France. Yared was recognized as one of the “100 people to know in 2017” Minneapolis’ Twin Cities Business Magazine.

“Nadim has extensive experience in the medtech industry and has made significant contributions as a member of MDIC’s Board of Directors over the past six years,” said Pamela Goldberg, president and CEO of MDIC. “I look forward to working even more closely with Nadim as we continue to accelerate patient access to innovative medical technologies.”

About the Medical Device Innovation Consortium

Founded in 2012, the Medical Device Innovation Consortium (MDIC) is the first public-private partnership created with the sole objective of advancing medical device regulatory science throughout the total product life cycle. MDIC’s mission is to promote public health through science and technology and to enhance trust and confidence among stakeholders. MDIC works in the pre-competitive space to facilitate the development of methods, tools, and approaches that enhance understanding and improve evaluation of product safety, quality, and effectiveness. Its initiatives aim to improve product safety and patient access to cutting-edge medical technology while reducing cost and time to market. For more information, visit http://www.mdic.org.