Biolife, LLC
Tim Capp's work experience includes the following roles:
- CFO at Biolife, LLC since 2018, with a focus on improving working capital, financial reporting accuracy and timing, business transaction support, and systems/process improvement.
- CFO at Sunbelt Chemicals Corp since 2011.
- Vice President of Finance at SkyCross from February 2010 to February 2011.
- Vice President of Finance at LRM Industries from February 2008 to February 2010.
- Controller of Medical Devices at Philips Medical Systems (formerly Invivo Corporation) from June 2006 to December 2007, where they directed the Shared Services Group and improved controls and month-end close processes.
- Controller at Clariant from 1994 to 2006.
- Controller at Sonoco from 1989 to 1994.
- Supervising Auditor at Grant Thornton from 1986 to 1989.
- Staff Auditor at Ernst & Young from 1984 to 1986.
Tim Capp attended Calvin University from 1979 to 1981, but no specific degree or field of study is mentioned. Tim then went on to Northern Illinois University from 1981 to 1984, where they earned a Bachelor of Science degree in Accounting.
Biolife, LLC
Biolife, LLC is a privately-owned medical device company headquartered in Sarasota, Florida, that manufactures innovative healthcare and first aid solutions that improve patient outcomes and quality of life. All Biolife products are comprised of a powder with two main ingredients: potassium ferrate and a hydrophilic, or water loving, polymer. StatSeal devices for the healthcare industry are available in both powder and disc form; the disc is made of compressed powder that is encased in a white medical-grade foam. WoundSeal devices for the consumer and occupational health industries are available in powder form. All Biolife devices are manual pressure adjuncts and work via a two-step mechanism of action that occurs simultaneously to form a low pH seal or physical barrier over the wound, protecting it by letting nothing in or nothing out. The hydrophilic polymer rapidly dehydrates the blood and absorbs exudate, stacking up desiccated blood solids beneath to form a seal (scab). The potassium ferrate binds the blood solids and proteins together, adhering the seal (scab) to the wound to stop bleeding and oozing. Beneath the seal the pH is neutral, and the blood solids and proteins continue to stack naturally. Above the seal, the hydrophilic polymer exchanges protons for cations, resulting in desiccation and a pH of 2, creating a hostile barrier to microbial penetration. All Biolife devices work independently of the clotting cascade to create an occlusive seal over the wound or procedural site, while accelerating hemostasis. The low pH seal created by the powder helps reduce risk of infection and helps improve recovery time. The seal remains over the wound as the body’s healing mechanism begins. As the wound heals, the scab is naturally sloughed off.