Ehmet Health management team expands with veteran CMO and CFO to prepare for full commercialization

Key Takeaways

  • The need for advancement in breast cancer radiation therapy has been compounded by the pandemic.
  • Dr. Farber will lead a host of federal grant and academic partnerships to expand the company’s research and development, potentially including other modalities and clinical applications.
  • Kevin Murphy, MBA will bring his extensive experience and relationships to create new markets within healthcare as Ehmet enters into delivering the first static and mobile breast cancer unit.

PLYMOUTH, Mich., August 27, 2020 - Ehmet Health, a medical device company, whose MammoKnifeTM is the first LINAC built specifically to treat breast cancer, announced the hiring of two significant leaders to round out their management team. 

Leonard A. Farber MD, Chief Medical Officer, brings over 20+ years of clinical and entrepreneurial expertise in Radiation Oncology in both private practice and in academia, with a concentrated focus on emerging technologies in breast cancer.

His experience strengthens the product, as well as the clinical work that is putting Ehmet at the forefront of a movement that addresses the shortfalls in the treatment of breast cancer. “There have been few significant treatment advances to this extent in over 20 years,” Dr. Farber said. “The opportunity to build a new, more precise, more personal way to provide care is truly our passion.” 

The need for advancement in radiation therapy has been compounded by the pandemic. “Our mission has become even more critical to address a global market and an unmet need for improved accuracy and accessibility in treating breast cancer,” said Michael Teicher, CEO, Ehmet Health. “Patients simply cannot get to hospitals for treatment the way they used to. MammoKnife™ gives patients higher quality care than previously available--and in a much more comfortable, local setting.”

Dr. Farber will also lead a host of federal grant and academic partnerships to expand the company’s research and development, potentially including other modalities and clinical applications.

Ehmet Health also announced that Kevin Murphy, MBA, has joined as Chief Financial Officer. Murphy is a seasoned healthcare executive who has completed over $100 billion dollars in M&A during more than 20 years on Wall Street and several more in finance and operational administration in both the public and private sectors. Kevin graduated from MIT and holds an MBA from Columbia.

Murphy will bring his extensive experience and relationships to create new markets within healthcare as Ehmet enters into delivering the first static and mobile breast cancer unit. 


Ehmet Health is a privately held, emerging medical device company with an innovative device for providing radiation as a treatment for breast cancer. Radiation therapy remains a mainstay of treatment for breast cancer patients, yet hospitals and medical centers face significant challenges in providing all patients safe and cost-effective care. Moreover, meaningful logistical impediments keep many patients in rural areas of the country from receiving treatment. Ehmet’s MammoKnife™ was designed to address many of these challenges. The product targets a multi-billion dollar market opportunity with a rapid path to clinical use in the U.S. and Europe.

Key Takeaways

  • The need for advancement in breast cancer radiation therapy has been compounded by the pandemic.
  • Dr. Farber will lead a host of federal grant and academic partnerships to expand the company’s research and development, potentially including other modalities and clinical applications.
  • Kevin Murphy, MBA will bring his extensive experience and relationships to create new markets within healthcare as Ehmet enters into delivering the first static and mobile breast cancer unit.

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Quotes

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For women with early-stage breast cancer..., studies indicate that breast-conserving surgery plus radiation therapy results in long-term outcomes e...
Cancer Facts and Figures 2018 — American Cancer Society

Related Bios

Michael Teicher
Chief Executive Officer
Michael brings over 20 years of experience in operations, financing and advising senior executives of medical companies on strategy, operations, and capital market exposure. He most recently led the turnaround of one the largest point of care CT companies. With the previous proposed exit, Michael and his team were contracted by one of the nation’s leading oncology providers and became integral members of the team that led the completion of a complex proton system in addition to developing an innovative integrated CBCT imaging system that received FDA 510(k) clearance for use at that center.
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Leonard A. Farber MD
Chief Medical Officer
Leonard A. Farber, MD is a successful executive in the field of healthcare with extensive experience in developing and growing centers and departments within the oncology sector. He is acknowledged for his ability to recognize emerging technologies and position them for success amongst complex markets in both the academic and private practice environments and for his expertise in strategizing and enhancing organizational relationships, growing hospital departments, launching startups, and bringing new and innovative technologies into clinical practice.

Dr. Farber is currently Senior Medical Director and Section Chief of Radiation Oncology for Care to Care, a multi-specialty management system. He wrote the Radiation Oncology guidelines for insurance approval for Care to Care on all types of radiation delivery techniques and clinical indications that are used for insurance approvals for private carriers. He is the Senior Medical Director of Anatom-e information system where he is involved with product development and integration with AR and VR into clinical practice. Actively sought after for his knowledge and application of technology into the marketplace, Dr. Farber is a Scientific Advisory Board member of Genomic Health, Adgero Biopharmaceuticals, and the Global Pain Foundation/National Pain Foundation. He has served as Chief Medical Officer for the start-up Woodmont Pharmaceuticals, Inc, a biopharmaceutical company, where he was instrumental in implementing a multiphase clinical trial of a novel allergy immunotherapy delivery system and working closely with the FDA during the trial period.
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Kevin Murphy, MBA
Chief Financial Officer
Financial leader with proven operating experience building new business in venture and private equity environments, refining strategy, developing sales and marketing partnerships and managing resources. Successfully turned around Healthcare startup and commercialized patented SaaS platform. Skilled at negotiating, team building, product management, capital raising and managing resources. During my prior experience on Wall Street, I demonstrated a capability for idea generation for corporate and private equity clients and executed over $100 billion of public and private transactions for Healthcare, Media & Telecom and Consumer businesses.

Specialties: Leadership, Management, Sales, Turnarounds, Strategy, Negotiating, Partnerships, Governance and Board Management, Scaling Businesses, Product Development, Mergers and Acquisitions, Corporate Finance, Strategic Development, Private Equity, Equity, High Yield Debt, Investment Grade Debt, Investment Banking, Fund Raising, Commercializing Technologies, Communication Skills
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Neal Clinthorne
Chief Technology Officer
Neal is a world-renowned Research Professor Emeritus in Radiology from the University of Michigan. He has written nearly 100 peer-reviewed articles, has been granted over 20 patents, and has extensive experience in technology commercialization.
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Alan Sliski
Chief Scientific Officer
Alan is a prolific entrepreneur and scientist with a specialty in radiation therapy systems. He has founded several companies, written numerous highly regarded publications, and most notably founded photo Electron (now Zeiss), as well as Mevion Medical Systems, and currently holds 24 patents.
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Cancer Facts and Figures 2018
American Cancer Society
...
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Chelli Miller
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