News

RIVANNA® Welcomes Craig Loomis to Drive Product Excellence

RIVANNA®, a developer of imaging-based medical solutions, names Craig Loomis as senior director of product management. With over 25 years of extensive experience in global product development and commercialization within the healthcare sector, Craig Loomis will play a vital role in advancing RIVANNA’s new product commercialization strategies.

Before joining RIVANNA, Mr. Loomis held progressively responsible roles at GE Healthcare in product development across CT, MR, X-ray, ECG (diagnostic cardiology) and point-of-care ultrasound. Notably, he spearheaded the introduction of the market-leading Venue product family. His contributions include holding several patents, successfully developing, or launching over 30 products throughout his career and managing portfolios exceeding $200 million.

“I’m thrilled to join at this crucial state of product commercialization,” said Loomis. “With numerous products in development, RIVANNA is poised to impact healthcare significantly. I’m eager to leverage my experience to help RIVANNA bring these innovations to market and improve patient outcomes worldwide.”

RIVANNA has groundbreaking products under development, including a rapid, radiation-free fracture detection system developed in partnership with the Biomedical Advanced Research and Development Authority, part of the Administration for Strategic Preparedness and Response within the U.S. Department of Health and Human Services, and an AI-enabled 3D image-guided system designed to overcome barriers to real-time neuraxial needle guidance through a unique hands-free and split array imaging technology.

Track Record

“Craig’s proven track record in driving revenue growth, launching innovative products and cultivating customer relationships will be pivotal in driving the successful adoption of Accuro 3S within the acute pain neuraxial market and its adjacent indications, which collectively represent a total addressable market exceeding $1 billion,” comments Will Mauldin, PhD, RIVANNA co-founder and CEO.

Craig holds a Master of Business Administration from the University of Chicago Booth School of Business and bachelor’s and master’s degrees in computer engineering from the Rochester Institute of Technology.

The Accuro XV project is funded in whole or in part with funds from the U.S. Department of Health and Human Services, Administration for Strategic Preparedness and Response, Biomedical Advanced Research and Development Authority, under contract 75A50121C00035.

 

Read more here.

Recent News

05/22/2026

BIO Statement on Veto of Prescription Drug Affordability Boards (PDAB) in VirginiaPatrick J. Plues, Senior Vice President of State Government Affairs & Affiliate Relations at the Biotechnology Innovation Organization (BIO) released the following statement on the veto of Prescription Drug Affordability Boards (PDAB) legislation in Virginia: “BIO applauds Governor Spanberger’s decision to veto SB 271 and HB 483 — legislation that would have established a Prescription Drug Affordability Board (PDAB) and imposed arbitrary price controls in Virginia. The Governor’s action recognized an important point: even well-intentioned healthcare policies must be carefully designed to avoid unintended consequences for patients, providers, employers, and Virginia’s innovation economy. “BIO is proud to represent biotechnology companies developing the next generation of life-changing medicines, including many in the Commonwealth. We believe policymakers play a critically important role in helping advance both patient access to treatments and the continued growth of the life sciences sector. “We look forward to working with the Governor’s Administration, the General Assembly, Virginia Bio and other stakeholders to advance practical, patient-centered policy solutions that improve affordability while preserving access to care and the innovation ecosystem patients depend on.”

Patrick J. Plues, Senior Vice President of State Government Affairs & Affiliate Relations at the Biotechnology Innovation Organization (BIO) released the following statement on the veto of Prescription Drug Affordability Boards (PDAB) legislation in Virginia: “BIO applauds Governor Spanberger’s decision to veto SB 271 and HB 483 — legislation that would have established a Prescription

05/21/2026

Virginia Bio Applauds Governor Spanberger’s Veto of SB 271 and HB 483

The Virginia Biotechnology Association (Virginia Bio) today expressed strong support for Governor Abigail Spanberger’s decision to veto Senate Bill 271 and House Bill 483, legislation that would have established a Prescription Drug Affordability Advisory Panel (PDAAP) in the Commonwealth. Virginia Bio and the Virginia Chamber of Commerce sent a joint letter to Governor Spanberger commending

05/21/2026

New Global Clinical Society to Bring Focused Ultrasound Into Mainstream Medicine

The Focused Ultrasound Foundation today announced the launch of the International Focused Ultrasound Society (IFUS), a new organization dedicated to advancing clinical practice and accelerating adoption of focused ultrasound – a revolutionary, noninvasive therapeutic technology. Established as a program of the Focused Ultrasound Foundation, IFUS aggregates and expands the Foundation’s activities related to clinical implementation