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Catheter Technology From MUSC Wins Grant

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Our state’s research universities are constantly looking for ways to monetize their research and a recent example just came across our radar screen.  A Lowcountry company recently received a grant from the National Institutes of Health to continue developing a double-balloon catheter using technology licensed from the Medical University of South Carolina.

Mike Switzer interviews Cephus E. Simmons, Sr., founder & CEO of SealCath in Mt. Pleasant, SC.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.