Case Study
Compression WorksMedical Device Emergency Management Services
Founded by Dr. John Croushorn and led by CEO Scott Dodson, Compression Works is the developer and manufacturer of the AAJT-S, the abdominal and aortic junctional tourniquet – stabilized. It offers the world the only multi-functional life saving tourniquet for application in the axilla, on the abdomen, in the inguinal region and for control of junctional and pelvic bleeding as well as pelvic fracture stabilization and aortic compression proven to be equivalent to Zone 3 REBOA.
Intro
Strategy & Capital Campaign
The Company’s Board of Directors engaged David to evaluate its strategic alternatives. After delivering our market and competitive intelligence assessment and four strategic scenarios, the company made the decision to hire a highly qualified medical device CEO and raise capital to take advantage of a multi-billion dollar market.
The Capital Campaign has resulted in an oversubscription of the $2m Seed/Growth round to $3.5m.
The company sells the device into both the military and civilian trauma markets worldwide and has distribution in over 23 countries.
Testimonial
“David is an exceptional strategic partner with tremendous experience in the Life Sciences and Healthcare Technology space. His demonstrated leadership in operating companies, fundraising, networking and scaling organizations to commercial success has made him an indispensable partner in running my company.”
Scott Dodson, CEO