ATLANTA, May 19, 2011 /PRNewswire/ -- CardioMEMS, Inc ., an Atlanta-based medical device company that has developed and is commercializing a proprietary wireless sensing and communication technology for the human body, announced today that its founder and CEO, Jay Yadav, M.D. , is a finalist for the Ernst & Young Entrepreneur Of The Year® award in the Alabama/Georgia/Tennessee region.
Dr. Yadav, an interventional cardiologist, founded CardioMEMS in 2000 to develop new devices for the treatment of chronic cardiovascular diseases such as heart failure. Dr. Yadav's most recent success is the Champion™ Heart Failure Monitoring System, the first permanently implantable, wireless, battery-free device that provides crucial cardiac information from home for patients suffering from heart failure. In 2010, CardioMEMS completed its clinical trial for the Champion System, demonstrating a 38% reduction in heart failure related hospitalizations.
The winner of the 25th annual Ernst & Young Entrepreneur of the Year award for the Alabama/Georgia/Tennessee region will be announced at a black tie awards dinner to be held at the InterContinental Buckhead Hotel on June 23, 2011. The winner will be inducted into the Ernst & Young Entrepreneur Of The Year Hall of Fame and will become eligible for the national awards. Recognized as the most prestigious business award for entrepreneurs, the Ernst & Young Entrepreneur Of The Year Award has grown to 26 programs in the U.S., and in 50 countries. More information is located at www.ey.com .
About CardioMEMS, Inc.
CardioMEMS is a medical device company that has developed and is commercializing proprietary wireless sensing and communication technology for the human body. The company's technology platfo