Lighteum Medical, San Diego, California, a manufacturer of precision medical components including high-complexity nitinol-based solutions, appointed Gaurav Agarwal as chief executive officer.

Agarwal has nearly 30 years of leadership experience across medical devices, diagnostics, and healthcare technology, including involvement in more than $15 billion in M&A transactions and $11 billion in private equity dispositions. He most recently served as president and CEO of Capsa Healthcare, where the company delivered more than 20% revenue and EBITDA growth in 18 months and completed two tuck-in acquisitions. He previously served as president and CEO of Vyaire Medical and held senior positions at Acelity/KCI, Smith & Nephew, and GE Healthcare. At Acelity/KCI, he led global commercial roles during the company’s $6.725 billion sale to 3M.

“Gaurav is an accomplished medtech leader and proven growth-oriented operator with a track record of building high-performing organizations and driving results,” said Gregory T. Lucier, chairman of the board.

“I am excited to join Lighteum Medical and advance our mission of providing precision-engineered solutions that enable life-enhancing, minimally invasive medical devices,” said Agarwal.

Lighteum Medical, a Montagu portfolio company, was formed by combining Medical Device Components LLC and Lighteum LLC. The company specializes in platinum group metals and nitinol components and applies expertise in metallurgy, micromachining, femtosecond laser processing, shape setting, and electropolishing. It operates manufacturing centers in San Diego and Oceanside, California; Mexicali, Mexico; and Tullamarine, Australia.

Read further here: https://qmed.com/lighteum-medical-appoints-gaurav-agarwal-as-chief-news129923.html