Worcester robotics firm tabs WPI professor as CEO
Photo | Courtesy of AiM Medical Robotics
AiM Medical Robotics CEO Gregory Fischer
AiM Medical Robotics in Worcester announced on Wednesday it has appointed Gregory Fischer as the company’s new CEO.The medical device company’s former CEO Robert Cathcart has been named executive chairman of AiM’s board of directors.
AiM was founded in 2008 and is developing MRI-compatible advanced robotics for neurosurgery and other applications. The robotics can be used with any MRI scanner.
Fischer founded AiM while he was a professor of robotic engineering at Worcester Polytechnic Institute. Fischer has been head of the Automation and Interventional Medicine Robotics Research Laboratory at WPI since 2008. Before taking over as the company’s CEO, he acted as AiM's chief scientific advisor. Now he is focusing more effort to work on the technology at AiM as the company continues to grow.
"I am highly enthusiastic about kicking off fast and strong to ramp up our technical developments, and achieve substantial milestones this year, which is why I will be scaling back my role at WPI to work full-time as CEO of AiM Medical Robotics," said Fischer in a press release on Wednesday. "I am also thrilled to continue working with Bob Cathcart in his new role as Executive Chairman of our Board, where his expertise in business development will continue to play a vital role in the Company's success.
In addition to AiM he also founded the Massachusetts state-supported PracticePoint medtech accelerator, a state-of-the-art healthcare development and testing facility for surgical robotics at WP. AiM is a member of Practice Point, which allows the companies the ability to use the equipment and resources, and is located in the same building at 50 Prescott Street in Worcester, which is in Gateway Park.
AiM employs six people. Fischer told WBJ that he is looking to grow the company and has plans for the next round of funding, which could include finding space to continue research at an old mill building in Worcester.
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