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Barry Allen
Chairman, President and Chief Executive Officer Urodynamix Technologies Ltd. |
Mr. Allen brings 20 years of medical technology management experience to Urodynamix. Most recently, he was Entrepreneur-in-Residence at Ventures West Management Inc., a venture capital investor focused on North American life science and technology firms.
From March 1999 to February 2004, Mr. Allen was President and CEO of VSM MedTech Ltd. During his tenure at VSM, the company grew from five to over 150 employees and evolved from a research and development company into a world-class manufacturer and marketer of medical products. Under Mr. Allen’s leadership, VSM generated sales of approximately $20 million in 2003. He successfully raised more than $65 million in capital and led VSM’s migration from the CDNX Venture Exchange to the Toronto Stock Exchange with a corresponding increase in market capitalization from $2 million to a high of approximately $400 million.
Mr. Allen serves on a number of for-profit and charity boards including Medical Ventures Corp (TSX-V:MEV), LifeSciences British Columbia and the Manning Innovation Awards. He is Chairman of the BC Excels Professional Skills Program and a co-founder of the Western Canadian Pediatric AIDS Foundation. In 2003, he was recognized as one of “Canada’s Top 40 under 40” by The Globe and Mail and The Report on Business.