Endotronix

Endotronix Announces Expansion of U.S. Headquarters in Naperville, Illinois

The company is constructing a new commercial manufacturing facility and anticipates expanding its workforce to support the launch of its comprehensive patient management platform for heart failure

Endotronix, Inc., a digital health and medical technology company dedicated to advancing the treatment of heart failure (HF), today announced plans to relocate and expand their headquarters in Naperville, Illinois to support the full U.S. commercial launch of its Cordella™ Heart Failure System and Pulmonary Artery (PA) Sensor, pending pre-market approval (PMA) of the sensor by the U.S. Food & Drug Administration (FDA). The new building will significantly increase Endotronix’s manufacturing and operating capacity, allowing for a 30% workforce expansion as well as continued growth opportunities in the years to come. In addition to the U.S. office, Endotronix will maintain their European office in Ireland.

“This is an exciting time for Endotronix. As we approach full enrollment in our PROACTIVE-HF clinical trial, we are looking ahead toward scaling our manufacturing and operations in anticipation of commercialization of our proactive digital heart failure system,” stated Harry Rowland, CEO of Endotronix. “Naperville offers an ideal location to plant our roots, offering a skilled workforce, affordable quality of life for our employees, desirable proximity to Chicago, and strong sense of community.”

Headquartered in the Chicago-land area since 2013, Endotronix recently signed a lease for an 80,000+ square feet facility that will more than double their current footprint. The new facility is located in the HUB 1415 building (1415 Diehl Road, Naperville, IL) and is currently undergoing custom enhancements to include a state-of-the-art cleanroom, manufacturing, quality, and administrative space. The first phase of construction is scheduled to be completed in early 2023 with hybrid workspace specifically designed to accommodate a flexible workforce. The company is represented by Newmark.

“It’s a pleasure to welcome Endotronix to Naperville,” said Steve Chirico, Mayor of Naperville. “As a fiscally-sound, business-friendly community that provides an unparalleled quality of life to its residents, we are a premier destination for growing companies like Endotronix. We look forward to being the home of their expanded commercial manufacturing and operations.”

The safety and efficacy of the company’s novel Cordella PA Sensor is currently being studied in a global investigational device exemption (IDE) clinical trial called PROACTIVE-HF that is on track to complete enrollment in the coming months. In addition, the company recently announced positive clinical data for the Cordella Sensor from the European SIRONA 2 clinical trial that was presented at the European Society of Cardiology’s Heart Failure Association (HFA) in May.

About Endotronix

Endotronix, Inc., a medical technology company, delivers an integrated platform that provides comprehensive, reimbursable health management innovations for patients suffering from advanced heart failure. Their solution, the Cordella™ Heart Failure System, includes a cloud-based disease management data system and at home hemodynamic management with a breakthrough implantable wireless pulmonary artery pressure sensor for early detection of worsening heart failure. Learn more at www.endotronix.com.

The Cordella System, without the sensor, is available for commercial use in the U.S. and E.U. and is currently in cardiology centers across the U.S. The Cordella PA Sensor is currently under clinical investigation and is not currently available for commercial use in any geography.

Glenn Mazade Named Private Sector Co-Chair of Choose DuPage Board

Choose DuPage is pleased to announce Glenn Mazade, senior vice president at Old National Bank, has been named private sector co-chair of the Choose DuPage Economic Development Alliance, joining Chairman of DuPage County Board and Public Sector Co-Chair Dan Cronin. Mazade will serve as elected private sector co-chair for a two-year term.

“There are nearly 90,000 businesses in DuPage County that represent almost 620,000 jobs. Having an organization like Choose DuPage focusing on the retention and expansion of these businesses, while also attracting new businesses, is critical to the success of DuPage County,” said Mazade. “I’m proud to be working alongside public- and private-sector leaders to advance DuPage County as a premier global business location.”

Mazade has been with Old National Bank since 2019. Based in the Westmont office, he focuses on assisting family-owned, closely held businesses and organizations reach their financial goals. In addition to his involvement with Choose DuPage, Mazade serves on the Board of Directors for Metropolitan Family Services and Co-Chairs the Woodridge Neighbors Helping Neighbors Disaster Recovery Organization.

“As public sector co-chair of Choose DuPage I am pleased to work with Glenn Mazade to support economic growth in our region. Glenn has demonstrated his commitment to Choose DuPage and our economic development efforts for many years, including being integrally involved with our Small Business Relief Programs and strategic planning. Glenn’s knowledge and experience will be a significant asset to Choose DuPage and will greatly benefit our business and government partners,” said The Honorable Dan Cronin, chairman of the DuPage County Board and public-sector co-chair of Choose DuPage.

Mazade assumes the position of private-sector co-chair following Hugh Elliott, a principal shareholder at Dugan + Lopatka CPAs. Elliott served as private-sector co-chair for two years from 2020-2022.

In addition to Mazade being named private sector co-chair, Karyn Charvat of PowerForward DuPage has been named private sector vice chair; Mike Roth of Ice Miller LLP has been named secretary; and Suzanne Pittacora of Corterra Solutions has been named treasurer. To view a full list of board members, click here.