The OZOP Surgical Story
Ozop Surgical Corp. (OTCPK:OZSC), invents, designs, develops, manufactures, and globally distributes innovative endoscopic instruments, surgical implants, instrumentation, devices and related technologies focused on spine, neurological, and pain management procedures and specialties. Our mission is to economically disrupt the orthopedic and neurosurgical markets by providing premium quality surgical devices that result in immediate significant savings for providers, payors, and patients; and to continue to design and manufacture cutting-edge surgical solutions, with an emphasis on our innovations in the rapidly growing field of minimally invasive surgery.
The Company controls an IP portfolio of innovative products and technologies that it is beginning to successfully commercialize. Products in the pipeline include visualization tools for MIS, such as light filtration that presents a better anatomical view of the surgical field in real time, and 3D technology that offers improved depth perception, better visualization of anatomic details, and improved overall surgical performance. Also in development is a revolutionary orthopedic device and procedure, the first truly MIS interbody device and fusion procedure.
OZOP Surgical Executive Management Team
Michael Chermak, CEO, Director
Michael Chermak has over 30 years of experience in healthcare-related ventures. Previously, he was the founder and CEO of Healthdemographics, Inc., a company in the healthcare predictive data and decision support business. Healthdemographics had over 1,200 clients worldwide and was regularly cited by the Wall Street Journal in articles about the healthcare industry. He sold the company in 1997 to Medirisk.
In 1998, he was the co-founder, initial investor, and original Chairman of Medibuy.com, an Internet healthcare supply vendor. Medibuy raised over $140 million in its first 18 months of operation backed by leading VCs such as Kleiner Perkins, Sequoia, Oak, and institutional investors including Alianz. Medibuy acquired the ecommerce initiatives of two leading GPOs, Premier and Columbia HCA, that at one time accounted for nearly 70% of healthcare product expenditures in the US. Medibuy was sold to GHX (Global Health Exchange), an ecommerce company founded by General Electric, Abbot, Baxter, Medtronic. Becton-Dickinson, Braun, Guidant, Tyco, Siemens, and others.
He worked in China for over 6 years and was the former Chairman and CEO of Bridgetech Holdings International (OTC: BGTH), which focused on introducing Western medicine into China. He has served on the Board of Directors and as an Audit Committee member of Beijing Origin Seed (NASDAQ: SEED).
Michael graduated from the University of New Mexico, Anderson School of Management. Michael and his wife fund and run a 501(c)(3) focused on animal rescue and the support of rescue organizations.
Eric Siu, Chairman, Founder
Eric Siu has been focused on endoscopic surgical approaches for more than 25 years. He has spent over a decade creating IP and developing minimally invasive endoscopic products, including four different neuroendoscopic systems (Viewing Endoscope, Pituitary Endoscope, Intraventricular Endoscope, Subcortical Space endoscope with visible tube) and four types of spine endoscopes (MED, MED with retractor, PELD and Cervical). Eric currently holds dozens of patents in the PRC and abroad.
OZOP is an extension of his expertise on Spine and Neuro endoscopes; and his focus on molecular MIS recognizes the future potential for endoscope systems. His experience in product development and in the laboratory add stability and bring tremendous value to the company as it pursues its great future.
Eric has established academic research collaborations with the Chinese University of Hong Kong and Hong Kong University as well as leading institutions in the PRC. He has a long history of collaboration with the MOH (Ministry of Health), where he has organized over 200 workshops for leading Chinese surgeons working with international medical device manufacturers as well as the CDA (Chinese Doctors Association) regarding physician and surgeon training and continuing education initiatives. He also has extensive experience in working with China’s regulatory body, the CFDA, and has successfully registered over 100 products for international medical devices manufacturers.
Eric has maintained an office in Tuttlingen, Germany for over 15 years; from that location, he has sourced products for introduction and sale in the PRC. Eric, a Canadian citizen based in Hong Kong and Beijing, holds degrees in Applied Mathematics and Physics from the University of London.
Salman J. Chaudhry, Chief Operating Officer
Prior to joining OZOP Surgical as Chief Operating Officer, Salman Chaudhry was the Managing Director of Appello Real Estate Brokers LLC, a boutique real estate brokerage company dealing in residential and commercial properties in Dubai. Before that, Salman worked in the banking industry and his 10 years of experience in that field spanned both the North American capital markets and Middle East. Salman has led and completed pioneering equity transactions in Saudi Arabia, Bahrain and the UAE.
From June 2001 until March 2008, he held the position of Vice President of Investment Banking in Gulf International Bank B.S.C. During that time, he led private placements and IPOs in various sectors, including manufacturing, banking, hospitality, retail, and healthcare. His experience includes corporate restructurings, mergers and acquisitions, valuation of business interests, and provision of consultancy services to some of the largest healthcare groups and medical device distributors in the Middle East, including Dallah Healthcare, a leading Saudi hospital group, and El Seif Development Company, the Saudi sole distributor for GE, Draeger, Cerner and other US brands. Prior to GIB, Salman worked as an Associate for RP Associates, a California-based venture capital incubator of start-ups focusing on medical devices, B2B internet, and other companies. Salman started his career in 1996 with the Corporate Finance Group of the National Commercial Bank, Saudi Arabia, one of the largest banks in the Middle East.
He holds a BSc. (Hons) degree in Business Management from Kings College, University of London and a MSc. in Accounting and Finance from the London School of Economics.
Barry Hollander, Chief Financial Officer
Barry Hollander has 38 years of business experience, including 20 years as Chief Financial Officer of various private and public companies. In 2010, Mr. Hollander founded Venture Equity, LLC, a Florida-based company that offers financial and business consulting services. He was named Chief Financial Officer of Cabinet Grow, Inc. (“CBNT”) on May 14, 2014, and is also the current CEO of CBNT. Since 2011, Mr. Hollander has been the Chief Financial Officer of Agritek Holdings, Inc. (“Agritek”), formerly known as MediSwipe, Inc. Agritek provides real estate management and health and wellness product lines for the medicinal marijuana industry.
Barry began his career in 1981 in the accounting department of Macgregor Sporting Goods, and rose through the ranks to become a critical part of the executive management team. Over his career, Barry contributed to mergers and acquisitions, assisting companies preparing to go public and taking on public reporting responsibilities. He holds a degree from Fairleigh Dickinson University.