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RCT hires Partha P. Ray for its Medical Devices team

11.22.2010

Partha P. Ray has joined Research Corporation Technologies in Tucson as a director on the company’s Medical Devices team.

Ray’s responsibilities include the assessment and evaluation of new opportunities, and the acquisition and management of investments and projects for RCT. He has a strong background in medical device design and marketing, and has worked in various engineering, consulting and strategy roles at leading technology companies.

RCT is a Tucson, Ariz.-based technology investment and management company that provides early-stage funding and development for promising biomedical companies and technologies. RCT has assets of more than $200 million to advance technology development through flexible, long-term investment options.

Ray has more than 13 years of industry experience in the medical device and technology sectors. Before joining RCT, he completed the Biodesign Fellowship at Stanford University, focused on medical device innovation. He also worked at Medtronic as a Senior Manager for Strategy & Ventures and Senior Global Product Manager, driving product strategy, planning, development and commercialization efforts for several distinct product lines in the diabetes area.

Ray remains affiliated with the Stanford School of Medicine as a Clinical Instructor of medical-device and medical-simulation design in the Department of Surgery.
He earned his MBA, emphasizing marketing and finance, from the Anderson School of Management at the University of California at Los Angeles, and he received a bachelor’s degree in electrical engineering from Northwestern University.

“We are very pleased to welcome Partha to RCT,” said Shaun A. Kirkpatrick, RCT president and CEO. “His background in medical-device design and development, will serve us well, as will his leadership experience in the successful commercialization of innovative products.”