Karl E. Groth
Chairman at Ascent Medical Product Development Centre, Inc.
Profile
Dr. Groth is a co-founder of the Ascent Medical Technology Funds and is President and CEO of the General Partner.
He previously served as President and CEO of First Circle Medical Inc., a manufacturer and marketer of medical devices used in the treatment of patients with chronic intractable diseases.
He also served as President and CEO of Browne Medical Systems, which he guided to a successful sale.
Prior to joining Browne Medical Systems, Dr. Groth was Executive Vice President of InStent, Inc., Director, International Business for Heart Technology, Inc. and Vice President of Marketing for Clarus Medical, all start-ups that were harvested with great success.
He also worked with Medtronic Inc. for a decade in a variety of business development management positions, including product planning, product development, and long range planning for the neuro division, three years in Paris, as Director of Non-Pacing Business for Europe, Middle East and Africa, and Director of Business Development.
Dr. Groth served as Senior Scientist in the Department of Infectious Disease at the University of Minnesota.
His research work focused on the development of antiviral drugs and vaccines.
He also published over 30 peer-reviewed articles in professional journals.
Dr. Groth holds a BS from the State University of New York in Biology, his MS in plant Physiology from New York University and his PhD in Microbiology from the University of Minnesota.
In addition, he continues to publish and present on topics including vascular disease and endovascular intervention.
Karl E. Groth active positions
| Companies | Position | Start |
|---|---|---|
Ascent Medical Product Development Centre, Inc.
 Ascent Medical Product Development Centre, Inc. Miscellaneous Commercial ServicesCommercial Services Ascent Medical Product Development Centre, Inc. provides preclinical and clinical services. The company is headquartered in the Delaware, United States. | Chairman | 2010-11-11 |
Former positions of Karl E. Groth
| Companies | Position | End |
|---|---|---|
Ascent Group (Venture Capital)
 Ascent Group (Venture Capital) Investment ManagersFinance Ascent Group is a venture capital firm located in New York City. The firm is a subsidiary of the Ascent Group of Cos., Inc. | Private Equity Investor | 2012-11-13 |
| U.S. STEM CELL, INC. | President | 2010-06-23 |
University of Minnesota
 University of Minnesota Other Consumer ServicesConsumer Services Digi-Key Corp. distributes electronic components. It also distributes semiconductors, discrete, electromechanical parts. Its products include audio products, batteries, cable assemblies, capacitors, computer & video accessories, connectors, crystals & oscillators, discrete semiconductor products and many more. The company was founded by Ronald A. Stordahl in 1972 and is headquartered in Thief River Falls, MN. | Chief Tech/Sci/R&D Officer | - |
Clarus Corp. /Old/
 Clarus Corp. /Old/ Packaged SoftwareTechnology Services Clarus Corp. is one of leading provider of outdoor equipment and lifestyle products. The company develops, manufactures and distributes a broad range of products including carabiners, protection devices, belay and rappel equipment, helmets, ropes, ice-climbing gear, backcountry gear, technical backpacks, high-end day packs, tents, trekking poles, gloves, skis, ski bindings and ski boots. The Principal brands of the company are Black Diamond Equipment® and Gregory Mountain Products®. It has manufacturing facilities in Salt Lake City and southeast China, a distribution center in Germany and a sales & marketing office located outside Basel, Switzerland. The company was founded in 1991 and is headquartered in Salt Lake City, Utah. | Sales & Marketing | - |
Heart Technology, Inc.
 Heart Technology, Inc. Medical SpecialtiesHealth Technology Part of Boston Scientific Corp., Heart Technology, Inc. is a company that manufactures coronary and arteries treatment medical devices. The company is based in Redmond, WA. The company was founded by Lewis C. Pell, David C. Auth. Heart Technology was acquired by Boston Scientific Corp. on January 02, 1996 for $500 million. | Corporate Officer/Principal | - |
Training of Karl E. Groth
| New York University | Graduate Degree |
| University of Minnesota | Doctorate Degree |
| The State University of New York | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 1 |
|---|---|
| U.S. STEM CELL, INC. | Health Services |
| Private companies | 6 |
|---|---|
InStent, Inc.
 InStent, Inc. Medical SpecialtiesHealth Technology Part of Medtronic Plc, InStent, Inc. is a company that develops self-expanding stents to open passageways in the body. The company is based in Eden Prairie, MN. The company was founded by Warren L. Bielke, Lewis C. Pell. InStent was acquired by Medtronic, Inc., part of Medtronic Plc from January 27, 2015 on June 28, 1996 for $214.60 million. | Health Technology |
Clarus Corp. /Old/
Clarus Corp. /Old/ Packaged SoftwareTechnology Services Clarus Corp. is one of leading provider of outdoor equipment and lifestyle products. The company develops, manufactures and distributes a broad range of products including carabiners, protection devices, belay and rappel equipment, helmets, ropes, ice-climbing gear, backcountry gear, technical backpacks, high-end day packs, tents, trekking poles, gloves, skis, ski bindings and ski boots. The Principal brands of the company are Black Diamond Equipment® and Gregory Mountain Products®. It has manufacturing facilities in Salt Lake City and southeast China, a distribution center in Germany and a sales & marketing office located outside Basel, Switzerland. The company was founded in 1991 and is headquartered in Salt Lake City, Utah. | Technology Services |
| First Circle Medical, Inc. | |
Heart Technology, Inc.
Heart Technology, Inc. Medical SpecialtiesHealth Technology Part of Boston Scientific Corp., Heart Technology, Inc. is a company that manufactures coronary and arteries treatment medical devices. The company is based in Redmond, WA. The company was founded by Lewis C. Pell, David C. Auth. Heart Technology was acquired by Boston Scientific Corp. on January 02, 1996 for $500 million. | Health Technology |
Ascent Medical Product Development Centre, Inc.
Ascent Medical Product Development Centre, Inc. Miscellaneous Commercial ServicesCommercial Services Ascent Medical Product Development Centre, Inc. provides preclinical and clinical services. The company is headquartered in the Delaware, United States. | Commercial Services |
Ascent Group (Venture Capital)
Ascent Group (Venture Capital) Investment ManagersFinance Ascent Group is a venture capital firm located in New York City. The firm is a subsidiary of the Ascent Group of Cos., Inc. | Finance |
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