Norman R. Weldon

PROFESSIONAL

After obtaining a BS in biochemistry from Purdue University, Norm Weldon began his career as an officer in the U.S. Air Force.  He returned and obtained an MBA and a PhD, also at Purdue University.  He spent the next fifteen years in the electronics industry, with the final period as President of CTS Corporation (CTS NYSE).  Subsequently, he served as President of Cordis Corporation (CORD NASDAQ) from 1979 until 1987.  When Cordis was reorganized in 1987, Mr. Weldon and several others left and started five new medical device companies.  Mr. Weldon was CEO of medical startup Corvita Corporation (CVTA NASDAQ) from 1987 until 1996 when Corvita was sold to Pfizer.

Totally enamored with the efficiencies found in medical startups, he then became a founder of Novoste Puerto Rico, Inc., Novoste Corporation (NOVT NASDAQ), Enable Medical Corporation, AtriCure, Inc. (ATRC NASDAQ), Medivance, Inc. and Neuronetics, Inc.  He was also an early-stage investor in HemoCleanse, Ash Access, Communication Science, ZS Pharma, Zurex Pharma, Surefire Medical, Preceptis and Lithos. 

Mr. Weldon’s major professor at Purdue, Vernon L. Smith, won the Nobel Prize in Economics in 2002 for work done during Weldon’s graduate training (1962 to 1964).  Mr. Weldon was named the Lifetime Achievement Awardee by the Phoenix Medical Device Conference in 2012.  Mr. Weldon and son Tom Weldon were instrumental in founding and funding the Weldon School of Biomedical Engineering at Purdue University.

Norm and Tom Weldon are studying strategies for commercializing and financing some of the research findings made by the Buck Institute for Research on Aging.

EDUCATION

  • BS, Biochemistry, Purdue University
  • MBA, Purdue University
  • PhD, Purdue University

MEMBERSHIPS & AFFILIATIONS | AWARDS & HONORS

  • Member, Buck Advisory Council, The Buck Institute for Research on Aging
  • Lifetime Achievement Award, Phoenix Medical Device Conference, 2012
  • Founder (with Tom Weldon), Weldon School of Biomedical Engineering, Purdue University

PERSONAL

Mr. Weldon and his wife Carol live in Amelia Island, Florida in the winter and in Evergreen, Colorado in the summer.  They have two children:  Tom Weldon, who is also on the Buck Advisory Council, and Cynthia Weldon, an IBM executive.

 

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