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Case Studies

Minnesota Resuscitation Solutions
Minnesota Resuscitation Solutions (MRS) is developing a revolutionary method and associated product systems to deliver “Head Up” Cardio Pulmonary Resuscitation (Head-Up CPR) to victims of sudden cardiac arrest. ProSavant’s Faris co-founded MRS with the physician Founder of Advanced Circulatory Systems. ProSavant team members provide CEO leadership for all functions (except pre-clinical and clinical research) including attaining FDA regulatory clearance for MRS’ initial product; managing prosecution of US and OUS Intellectual Property; managing product development of the company’s first product system; providing financial planning, management, fund raising, accounting and administrative services; and providing RA/QA services.


Vidacare Corporation
As CEO of Vidacare, Faris successfully developed the company and commercialized its patented
intraosseous technology platform globally. Under his leadership, Vidacare’s sales grew from $30K
per month to over $40MM run rate, with market adoption in over 70% of EMS services and ~50% of
hospitals in US, and international adoption in over 50 markets. Today, Vidacare’s primary product
is the market leader in each of its geographic markets. In addition, Faris led the company’s
technology platform expansion into additional large opportunity applications in cancer and IR markets.
The company was acquired by Teleflex Inc. in December 2013 in a deal valued at $290 million.


Innovative Trauma Inc.
Strategy Development. Business Plan Development. Team Recruitment. Series A and B Capital Raises.
Commercial Business Start Up. Design and Build out of San Antonio and Edmonton, Canada offices.
Active Management of company operations through Executive Chairman, CEO and Director of Corp
Administration and HR services.


Advanced Circulatory, Inc.
Strategy Development and Execution. Senior Executive Coaching. Lead Director. Compensation and
Retention Program and Development. The Company was acquired by Zoll Medical, a global leader in
resuscitation technology, in January 2015.


Vivo Biosciences, Inc.
Business Assessment. Strategy Development. Board of Directors. Business Plan Development. Support
of CPRIT application. Vivo Biosciences was acquired by LifeNet Health, a leader in transplant solutions and
regenerative medicine in November 2016.


Well Aware Holdings
Business Operations Start Up. Team Recruitment. Temporary (start up) facilities and current facilities set up.


UTSA
Development of Framework and Plan for application to establish South Texas Accelerator in cancer diagnosis
and treatment space.


InCube Laboratories-San Antonio
Establish and build out San Antonio facilities. Provide Administrative Management Services to operation during
first two years of operations.


StemBioSys
Managed the design, build out, and commencement of operations of the Company's initial clean room
and laboratory space in the T3DC Incubator facility.


Through his career, Faris has had a prominent role in the development
of new markets including:

Intraosseous Vascular Access

Powered bone marrow biopsy,
aspiration and stem cell harvesting

Powered bone access for diagnostic
and therapeutic procedures

Internet based delivery of interactive
medical care with real time multi media
patient record information

 

 

 

Mobile computing in medicine at the
point of care

Electronic Health Records – Ambulatory
Practice venues

Electronic Health Records with closed
system outcome measurement for
Perioperative Care venues

Control of bleeding in trauma