Phraxis, Inc.
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About Phraxis

Management and Advisors
The executive management group of Phraxis, Inc has extensive experience in general management, product development, clinical and regulatory affairs, and startup to commercialization experience in medical device companies (MJK), as well as clinical experience in interventional nephrology (ASY).

James Hickey Photo

James B. Hickey, Jr.,  has over 35 years of experience in the healthcare industry as an operating executive and director.  Before joining Phraxis Mr. Hickey was President and CEO of two private and two public medical device companies which include:  Myocor, Pulmonetic Systems, Angeion, and Aequitron Medical.  Product areas covered  mitral valve repair, portable ventilators, implantable defibrillators and sleep diagnostic systems. The companies ranged from start-up to well established businesses.  Prior to that, Mr. Hickey spent 15 years with American Hospital Supply Corporation/Baxter Healthcare, serving as President of their Hospitex and Respiratory/Anesthesia Divisions.  Mr. Hickey served as a member of the Board of Directors of the above companies as well as Allied Healthcare Products, Inc., NAMSA, Ionix Medical, the International Fraternity of Phi Gamma Delta, including two years as National President, Ventec Life Systems, and Vital Images, Inc.  Jim was the Board Chairman of Vital Images (VTAL), when it was acquired by Toshiba Medical Systems in June 2011.  In 2005 Jim was recognized by Twin Cities Business as an Outstanding Director for his service on the Vital Images Board of Directors. 


Michael Kallok, PhD Photo
 Chief Technology Officer(CTO). 
Dr. Kallok has over 30 years of experience in Companies ranging from very large (Medtronic, Boston Scientific) to smaller public and private companies (Angeion, Myocor). Most recently, Dr. Kallok was President and CEO of Cardiovascular Systems, Inc., (Nasdaq CSII), leading the Company from a new startup to a valuation of $150M in five years. He stepped aside in 2007 to assume the role of Chief Scientific Officer until his retirement with the public debut of CSII in 2009. Dr. Kallok holds over 17 US patents, has published over 90 manuscripts, abstracts, and book chapters, and was the recipient of Medtronic’s highest technical award (Bakken Fellowship) and management award (Wallin Leadership Award). He has served on several public and private Boards.

Alexander S. Yevzlin, MD photoAlexander S. Yevzlin, MD, Chief Scientific Officer and Founder.  Dr. Yevzlin is currently an Associate Professor of Medicine at University of Wisconsin, Director of Interventional Nephrology and CKD clinic. After receiving his undergraduate degree magna cum laude from Dartmouth College he attended medical school at Ohio State University, internship and residency training at the University of Michigan, and his Nephrology fellowship at Northwestern University. Dr. Yevzlin has published or presented over 100 manuscripts, abstracts, and invited lectures. He is the founder of several start-up companies and has served in the roles of CMO, CSO, and board member in the vascular access space. He is the inventor of the Phraxis technology and a Founder of the Company.

Shelley Chase Olsen photo

Shelley Chase Olsen, CFO.  Shelley has held Finance and Administration management positions for 25 years, the last 13 in the medical device field.  She operates a consulting practice providing full finance, accounting and human resource support for development stage medical device companies.  Prior to beginning her business, she was V.P. of Finance for Gyrus ACMI, and also worked at Tyco Healthcare and the Miner Group. She holds a BS in Business-Accounting from the Carlson School of Business and is a CMA.


Paul Robinson PhotoPaul J. Robinson, Director of Operations Mr. Robinson has more than 30 years of experience in the medical device industry in the disciplines of Design, Manufacturing, and Quality/Regulatory including 20 years in management positions. Prior to joining Phraxis, Mr. Robinson held positions at Cardiovascular Systems Incorporated, Urometrics, InStent, Sterling Critical Products,  SciMed Life Systems, Medtronic, and Cardiac Pacemakers Incorporated (CPI). Mr. Robinson has undergraduate degrees in Engineering and Business Administration as well as an MBA from the University of St Thomas. Mr. Robinson is the holder of 12 US Patents.

Cindy Setum PhotoCindy M. Setum, PhD.Director of Clinical Affairs.  Dr. Setum has over 20 years of experience in the medical device industry, including R&D, product development, clinical marketing, and clinical/regulatory affairs.  Before joining Phraxis, Dr. Setum held senior management positions at Advanced Circulatory Systems, Inc.  Topspin Medical, Cardiovascular Systems, Inc., and Possis Medical, Inc.  She has designed and managed multiple US and international investigational and post-market clinical studies.  Dr. Setum has published and presented multiple manuscripts and abstracts in the medical/scientific arena.  She holds 14 patents.