EDAP Realigns Executive Team to Focus on US Opportunities

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EDAP TMS SA of Lyon, France has relocated its Chief Executive Officer Marc Oczachowski to the US. “The U.S. market is critically important for EDAP,” said Philippe Chauveau, Chairman of the company’s Board of Directors. “We see significant growth drivers in the US, both in the lithotripsy market and in continuing to drive our Ablatherm-HIFU program toward FDA submission, targeted for fourth quarter 2012.”  

The realignment impacted the accountabilities of the company’s Chief Financial Officer Eric Soyer and Japanese subsidiary CEO, Jean Francois Bachelard. NEWS RELEASE