HeartFlow Appoints Timothy Barabe to its Board

REDWOOD CITY, Calif., Jan. 18, 2022 (GLOBE NEWSWIRE) — HeartFlow Holding, the leader in revolutionizing precision heart care, today announced the appointment of Timothy Barabe to its Board of Directors.

“We are honored to have an accomplished leader like Tim join the HeartFlow Board,” said William C. Weldon, Chairman of the Board of Directors, HeartFlow. “Tim’s background and expertise in financial strategy, operations and stewardship will add important perspectives to the Board as we enter our next phase of growth.”

Mr. Barabe brings more than 30 years of experience in the life sciences industry, across a broad range of financial and strategic roles. Most recently, Mr. Barabe served as the chief financial officer and executive vice president at Affymetrix Inc., where he led the company’s financial functions as well as the treasury, investor relations, and information technology departments. Previously, he served as senior vice president and chief financial officer at Human Genome Sciences, where he worked with the leadership team to drive the financial strategy and operations of the company. For more than 20 years, he held senior international executive roles in finance, general management, and strategic planning at Novartis AG. His roles included chief financial officer of the Sandoz Generics Business Unit, president of the CIBA Vision Corporation Specialty Lens Business Franchise, and group vice president and chief financial officer of CIBA Vision Corporation.

Mr. Barabe currently serves as a Board member and Audit Committee Chair of Selecta Biosciences, Inc., and on the board of Vigilant Biosciences, a privately-held medical device company. He previously served on the Boards of Veeva Systems, Inc., ArQule, Opexa Therapeutics, Autonomous Technologies and BioCure, Inc. As an active philanthropist, Tim is involved in a range of charitable causes and served on the board of Project Open Hand, a San Francisco-based non-profit organization focused on serving nutritious meals to vulnerable populations from 2014 to 2020.

“I am thrilled to join the Board of Directors for HeartFlow as the company is at a key inflection point in its growth trajectory,” said Barabe. “I look forward to leveraging my experience and working with the team to make HeartFlow’s game-changing technology broadly available to more patients worldwide.”

Mr. Barabe has a Bachelor of Business Administration in finance from the University of Massachusetts (Amherst) and an MBA from the University of Chicago.

About the HeartFlow FFRct Analysis

Starting with a standard coronary computed tomography angiogram (CTA), the HeartFlow Analysis leverages algorithms trained using deep learning (a form of AI) and highly trained analysts to create a digital, personalized 3D model of the heart. The HeartFlow Analysis then uses powerful computer algorithms to solve millions of complex equations to simulate blood flow and provides FFRct values along the coronary arteries. This information is used by physicians in evaluating the impact a blockage may be having on blood flow and determine the optimal course of treatment for each patient. A positive FFRct value (≤0.80) indicates that a coronary blockage is impeding blood flow to the heart muscle to a degree which may warrant invasive management.

Data demonstrating the safety, efficacy and cost-effectiveness of the HeartFlow Analysis have been published in more than 500 peer-reviewed publications, including long-term data out to five years. The HeartFlow Analysis offers the highest diagnostic performance available from a non-invasive test.1 To date, clinicians around the world have used the HeartFlow Analysis for more than 100,000 patients to aid in the diagnosis of heart disease.

About HeartFlow

HeartFlow is the leader in revolutionizing precision heart care, uniquely combining human ingenuity with advanced technology. HeartFlow’s non-invasive HeartFlow FFRct Analysis leverages artificial intelligence to create a personalized three-dimensional model of the heart. Clinicians can use this model to evaluate the impact a blockage has on blood flow and determine the best treatment for patients. HeartFlow’s technology is reflective of our Silicon Valley roots and incorporates over two decades of scientific evidence with the latest advances in artificial intelligence. The HeartFlow FFRct Analysis is commercially available in the United States, UK, Canada, Europe and Japan. For more information, visit www.heartflow.com.