TrivarX Limited (ASX: TRI) has strengthened the composition of its board with the appointment of John Mathias II as a Non-Executive Director, effective 1 October 2024.
Mr Mathias is an accomplished healthcare focused operations and business development executive, with a clinical background in respiratory care. He has a demonstrated track record of success over a 30-year career in the US healthcare industry. Currently, he holds the role of Chief Development Officer at Medbridge Healthcare, one of the largest sleep disorder diagnostic outsourced service providers in the US which performs over 80,000 sleep diagnostic procedures annually. MedBridge also has a number of professional partnerships that support adjacent services including hospital readmission reduction programmes (HRRP), product and drug research, occupational health, professional services and therapeutic sleep offerings. As CDO, he plays a central role in building partnerships with stakeholders across the US healthcare system in the field of sleep medicine including hospitals, medical research institutions, clinical partnerships, and insurance companies.
Prior to his role as CDO, Mr Mathias also served as Chief Operating Officer and President of Sleep Services of America Inc., an entity of Johns Hopkins Health System, where he managed operations for sleep diagnostics and therapeutic coordination, oversaw strategic M&A and led a business turnaround which returned the division to profitability.
Throughout his career, Mr Mathias has been recognised for building and leading high-performing healthcare managers and sales teams and implementing strategic business plans to drive consistent growth in revenue and margin levels. With direct experience across several US healthcare industries, his core areas of expertise include contract management services for sleep and respiratory services, along with acute care hospital operations and developing improved patient solutions in the aged care industry.
Mr Mathias’ appointment provides the Board with additional depth and expertise as it moves from clinical development towards regulatory approval and commercialisation for its proprietary MEB-001 algorithm with the effective screening of a current Major Depressive Episode (cMDE) in the US market.
“It’s my pleasure to welcome John to the Board at this important juncture in the company’s development and commercialization pathway. As we advance our strategy for regulatory approval and commercialisation for MEB-001, we continue to maintain dialogue with regulators, research partners and healthcare providers,” Non-Executive Chairman, David Trimboli, said.
“In that context, John’s extensive experience across the US health system, with a specific expertise in the operation of sleep diagnostic centres, is ideally suited to assist with both business development as well as logistics and planning for the potential application of our technology.”
