April 3, 2014

Z-Medica taps Calif. leader

Submitted photo
Submitted photo
Z-Medica President and CEO Stephen Fanning

Wallingford medical device manufacturer Z-Medica Inc. said it has hired Stephen J. Fanning as president and CEO.

The privately-held company, which makes blood clotting products under the name QuikClot, said Fanning's hire is meant to accelerate its growth.

Fanning was most recently president and CEO Solta Medical, which was acquired by Valeant Pharmaceuticals in January. He led Solta's predecessor company through an initial public offering in 2006, Z-Medica said.

Previously, he was president and CEO of Ocular Sciences Inc., which was sold in 2005.

Fanning replaces Larry Hicks, who left the company at the end of January to pursue other career opportunities, Z-Medica said.

Hicks was appointed in Sept. 2012 alongside an investment by DW Healthcare Partners, which is the company's majority shareholder.

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