Life Science Partner places business-savvy surgeon to manage
promising new interventional spine therapy division
Life Science Partner announces the placement of Gregory J. Vaughn, MD, as general manager of the new interventional spine business unit, at Medtronic Sofamor Danek, a subsidiary of Medtronic. In his new role for the early-stage spinal therapy division, Dr. Vaughn assumes leadership over strategic planning, technology and competitive assessment, operations, research and development, sales and marketing, and finance. Medtronic Sofamor Danek develops and manufactures a variety of products for use in treating spinal and cranial disorders.
“Greg’s accomplishments make him an excellent choice to grow this high-potential division within a well established medical products company,” says Thomas H. Callaway, Life Science Partner’s founder and president. “His clinical knowledge as a surgeon and his experience in organizational performance will help him lead this division in pursuing
innovative therapies for spinal health and reconstruction.”
With Dr. Vaughn’s arrival at one of Medtronic Sofamor Danek’s key new business units, the company gains an informed, strategic thinker with exceptional collaborative and organizational talents. And Dr. Vaughn’s experience as a maxillofacial and ophthalmic surgeon lends him a deeper understanding of the medical community’s concerns.
Dr. Vaughn comes to Medtronic Sofamor Danek from NDCHealth, where, as vice president and general manager for the company’s point-of-service pharmacy information systems division, he oversaw a $100-million-revenue business and more than 200 managers in four locations. He was originally recruited to NDCHealth as vice president of strategy and planning. In that capacity, he guided the chief executive and the board through the development of a five-year corporate plan.
With McKinsey & Company as engagement manager, he led a range of cross-industry business consulting projects for clients such as Wake Forest University, Duke University, Skanska and CIBA Vision/Novartis. His assignments included organizational efficiency improvement at Wake’s technology transfer office, supply chain cost reduction for Duke, talent identification and retention for Skanska, and strategic integration plans for CIBA Vision.