Richard G. Sass
Using his entrepreneurial skills, Dick has been instrumental in bringing about innovative technologies that promote and improve quality of life for humankind. Over the past forty-seven years he has successfully founded, directed, and exited companies within the medical technology arena. He continues to consult with companies regarding design and manufacture of medical products with disruptive technologies.
Dick founded Contact Wellness (CW) as part of his personal contribution to healthcare reform. CW represents his desire to move beyond the delivery of innovative medical products to the creation of motivational tools and processes leading to positive changes in attitudes, beliefs and behavior of people living with diabetes and other chronic disease. He serves as Chairman of the Board and is a member of the Executive Committee.
In 2009, Dick founded Biomed Innovation Fund. Biomed is focused on emerging medical device technologies that can be quickly developed into market-moving products. Biomed leverages the operating experience and industry relationships of its fund managers to invest in early stage opportunities, working closely with entrepreneurs to move efficiently through product development to market readiness.
In 1995, Dick founded iSense Corporation, an enterprise focused on the development of a continuous glucose monitor for people with diabetes. From 1995–2008, Dick provided the vision leadership and capital to grow the company from initial concept through product development leading to a state of clinical readiness. The company was sold to Bayer Healthcare in 2008.
In 2001, Dick was successful in leading microHelix, a company he found in 1997, through an IPO. microHelix provided enabling technologies to OEMs focused on next generation products designed to reside within the human body. The company also manufactured miniature and micro-miniature wire and cable assemblies.
Dick founded Precision Interconnect (“PI”) in 1972. PI became a leader in medical ultrasound cable technology under his guidance. Over the course of 19 years, Dick grew the company to over 500 employees at the time of the company’s sale to AMP, Inc, a Fortune 500 company, in 1991. AMP, subsequently acquired by TYCO, was one of the largest connector manufacturers in the world. In addition to serving as its President and CEO, Dick directed the Strategic Planning, Sales, and Marketing efforts of the enterprise. He established overseas markets as well as partnered with large OEM customers domestically.
Dick holds a BA in Business Administration from Michigan State University and is a Fellow of the Royal Society of the Arts, London. He has three children and four grandchildren.
“Expect magic. Entertain the mystical. Dance in wonder.” Leslie Ciechanowski, M.Ed