Healthcare >> CEO Interviews >> April 6, 2009
DAVID LAVANCE is the Chairman of the Board and CEO of Scivanta Medical
Corporation, a publicly traded medical device company focused on development of
the Hickey Cardiac Monitoring System. He also is a co-Founder and President of
Century Capital Associates LLC. In addition to his Board membership at Scivanta,
he also serves on the Boards of Directors for Hologic, Inc., Algynomics, Inc.,
Healthy Rebates, Inc., and Agile Sciences, Inc. Mr. LaVance specializes in
developing life science and other emerging technology companies as well as in
advising companies about mergers, acquisitions, divestitures and strategic
alliances. Mr. LaVance has extensive experience in strategic planning for
biotechnology and medical device companies, technology licensing and
international distribution. Prior to co-founding Century Capital Associates, Mr.
LaVance was a Managing Director of KPMG Health Ventures (1995-1997), a
healthcare consulting group providing M&A, licensing and strategic advisory
services. Before joining KPMG Health Ventures, Mr. LaVance was a Founder of
Physicians Data Corporation, a startup health informatics company (1994) and the
President of Nuclear Care, Inc., a nuclear imaging clinical services provider
(19921995). For both companies, he raised venture capital and recruited
management. He was the President of Dornier Medical Systems (Japan), Inc., a
subsidiary of DaimlerBenz AG, and held a series of operating positions with
Dornier in the United States (1987-1992). Dornier was the inventor of and world
market leader in lithotripter technologies. Before joining Dornier, Mr. LaVance
was Associate Counsel at Healthdyne, Inc. (1985-1986) where he led licensing,
OEM and acquisition transaction efforts; and he was engaged in the private
practice of law in Atlanta, Georgia (1979-1985). During his career, Mr. LaVance
has raised venture capital for several startup businesses and has led the
acquisition or sale of numerous medical or high-tech companies. Mr. LaVance
holds a BA, cum laude, from Furman University (1976) and a JD from the
Washington College of Law of the American University (1979). Profile
TWST: We'd like to begin with a brief historical sketch of the company and a picture of the things you are doing now.
Mr. LaVance: This company was first incorporated back in the 1980s and