Differential Sanding Reduces Risk of Adverse Events. The Diamondback Systems are designed to differentiate between hard plaque and soft compliant arterial tissue. Arteries are composed of three tissue layers. The diamond grit coated offset crown at the working end of the devices engages and removes plaque from the artery wall with minimal likelihood of penetrating or damaging the fragile, inner layer of the arterial wall because soft, compliant tissue flexes away from the crown. Furthermore, the Diamondback Systems have rarely penetrated even the middle or outer layers of the arterys wall. The Diamondback 360s perforation rate was 2.4% during our pivotal OASIS trial. Analysis by an independent pathology laboratory of more than 434 consecutive cross sections of porcine arteries treated with the Diamondback 360 revealed there was minimal to no damage, on average, to the middle layer, which is typically associated with restenosis. In addition, the safety profile of the Diamondback 360 was found to be non-inferior to that of angioplasty, which is often considered the safest of interventional methods. This was demonstrated in our OASIS trial, which had a low 4.8% rate of device-related serious adverse events, or SAEs
EX-10.17 2 c60486exv10w17.htm EX-10.17 exv10w17
Exhibit 10.17
CARDIOVASCULAR SYSTEMS, INC.
SUMMARY OF FISCAL YEAR 2011
EXECUTIVE OFFICER BASE SALARIES
SUMMARY OF FISCAL YEAR 2011
EXECUTIVE OFFICER BASE SALARIES
The Companys executive officers are scheduled to receive the following annual base salaries for the fiscal year ending June 30, 2011 in their current positions:
Name and Current Position | Base Salary | |||
David L. Martin | $ | 425,000 | ||
President and Chief Executive Officer | ||||
Laurence L. Betterley | $ | 278,000 | ||
Chief Financial Officer | ||||
James E. Flaherty | $ | 260,000 | ||
Chief Administrative Officer and Secretary | ||||
Robert J. Thatcher | $ | 275,000 | ||
Executive Vice President | ||||
Paul Koehn | $ | 250,000 | ||
Vice President of Manufacturing | ||||
Brian Doughty | $ | 250,000 | ||
Vice President of Commercial Operations | ||||
Paul Tyska | $ | 225,000 | ||
Vice President of Business Development | ||||
Scott Kraus | $ | 225,000 | ||
Vice President of Sales |