SANUWAVE Health, Inc. Announces Shri P. Parikh to Step Down from His Role as President, Healthcare of the Company, Effective June 30, 2020
May 18, 2020 at 04:02 pm EDT
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SANUWAVE Health, Inc. announced that on May 14, 2020, Shri P. Parikh notified the Board of Directors of the company, of his decision to step down from his role as President, Healthcare of the company, effective June 30, 2020
(Separation Date). The Board has accepted the resignation of Mr. Parikh. Mr. Parikh has not expressed any disagreement with the company on any matter relating to the company’s operations, policies or practices.
Sanuwave Health, Inc. is an ultrasound and shock wave technology company. The Company is a provider of Food and Drug Administration (FDA)-approved wound care products. It is focused on the research, development, and commercialization of its patented, non-invasive and biological response-activating medical systems for the repair and regeneration of skin, musculoskeletal tissue, and vascular structures. The Company applies and researches its patented energy transfer technologies in wound healing, orthopedic/spine, aesthetic/cosmetic, and others. Its two primary systems are UltraMIST and PACE. The UltraMIST system provides, through a fluid mist, low-frequency, non-contact, and pain free ultrasound energy deep inside the wound bed that promotes healing from within. The PACE systems use acoustic pressure shockwaves generated by the Company's Pulsed Acoustic Cellular Expression (PACE) technology to converge at precise selected targets to produce an extremely short duration compression burst.