It is with great sadness that i360medical confirms the untimely passing of Founder and CEO Derek Young. Mr. Young, 51, had battled with an underlying illness for many years and passed away at the Hermitage Clinic in Dublin earlier this week.
Mr. Young established i360medical in 2009. Over the last decade the company established itself as a preferred ‘one stop’ supplier of outsourced R & D for a number of global and national healthcare systems and medical technology companies.
Describing Mr. Young as a visionary and one of Ireland’s leading healthcare entrepreneurs and innovators, the Chair of the company and interim CEO Bob Mitchell extended his sympathies on behalf of everyone at i360 to Mr. Young’s family and friends.
“Derek was the proud founder and driving force behind i360medical. He was a deeply connected, accomplished innovator and leader in the medical device industry but the true legacy he leaves behind is that of a husband, father, and friend.”
“Our thoughts first of all are with Derek’s wife Suzanne, children India, Xavier and Pixie, his family and his wide circle of friends in Wexford, Dublin, New Zealand, the United States, Europe and beyond, on their terrible loss.”
“Derek’s vision for i360medical was to improve patient care and outcomes by firstly identifying and then providing innovative solutions. i360medical is now recognised as a global leader in the medical device innovation sector. As a Board and Management Team we are committed to delivering on the sustainable vision Derek and his colleagues have created and ensuring it continues into the future.”
A named inventor of over 32 patents with commercial success globally, Derek Young was involved in a number of successful European medical device start-up companies including Medtech, Advanced Surgical Concepts and Haptica before spinning into the Royal College of Surgeons (RCSI) in Dublin.
He spearheaded and completed at least a dozen medical device exits with key multinational healthcare corporations over the last 12 years.
Mr. Young’s funeral will take place at St Brigid’s church, Blackwater, Co. Wexford at 11am on Saturday, 4th of December.