Healthcare >> CEO Interviews >> November 24, 2003


JEFF RANDALL is Senior Vice President and Chief Financial Officer of i- STAT Corporation. He spent eight years with Digital Equipment Corporation, where he held a variety of senior financial and administrative management positions. In the early 1980s, he left DEC and over the next 20 years served as CFO of six early stage companies, three private and three public. In three of these situations, he subsequently served as Chief Executive Officer. These companies included capital equipment suppliers to the electronics industry, along with a development-stage pharmaceutical and a medical device manufacturing company. His financing experience includes many rounds of venture capital, private placements and an underwritten IPO and follow-on offering. Independent of his primary professional focus, he has been a founder of three companies, providing counsel, capital, personal time and service as a Director, including service as Audit Committee Chairman of a public company. He received a Master's in Business Administration from Northeastern University. Profile
TWST: Could we begin with a brief historical sketch of i-STAT and a

picture of things as they are now?

Mr. Randall: The company is about 20 years old. It has been distributing

its product for