Early-stage investor Versant Ventures has hired James Mazzo as an operating partner.
Mazzo, who was formerly CEO of Advanced Medical Optics and senior vice president of Abbott Labs, will be based in Newport Beach, California.
Versant said Mazzo would be focused on patient needs, new technology advancements and investment opportunities in global healthcare.
William Link, Versant managing director, said, “We are very pleased to have Jim join the firm.
“His accomplishments and contribution to the healthcare industry as a successful CEO, and past president of AdvaMed, the US medical devices association, and his global reputation as a leader in the healthcare industry, gives us great confidence in the value he will offer to our organization and portfolio companies.”
Mazzo, who has a 35-year career in the healthcare industry, said, “My decision to join Versant is based on the firm’s successful track record in advancing medical innovation, revolutionizing patient care and improving quality of life.”
In March last year Versant Ventures hired biopharma development expert Guido Magni to help strengthen its investment team and expand into Europe.
He was also closely involved in investments in musculo-skeletal disorder therapeutic specialist Flexion and neurological disorder-focused Synosia.
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