Privacy Policy

Thank you for visiting our website. This Privacy Policy tells you how we use personal information collected on this website – www.sonicinyctes.com. By using this website, you are accepting the practices described in this Privacy Policy, therefore please read this page carefully before using the website or submitting any personal information.

This Policy may be changed periodically. Any changes will be posted on this page and changes will only apply to activities and information on a going forward, not retroactive basis. You are encouraged to review the Privacy Policy whenever you visit this website, to make sure that you understand how any personal information you provide will be used.

Note, the privacy practices set forth in this Privacy Policy are for this website only. If you link to other websites, please review the Privacy Policies posted at those websites.

What personal information do we collect through our website?
We collect personally identifiable information (PII), like names and email addresses, when voluntarily submitted by our visitors, i.e. if you sign up for our mailing list, we will collect your email address and name. We may collect information about your location and device or other details as appropriate to help improve your experience.

When do we collect information?
We collect information from you when you register on our website, sign up for our mailing list, subscribe to a newsletter, fill out a form or survey, or otherwise enter information on our website voluntarily.

Cookie/tracking technology
Our website may use cookie and tracking technology depending on the features offered. Cookies are useful for gathering information such as browser type, tracking the number of visitors to our website, and understanding how visitors use our website. Information gleaned from cookies helps us continue to improve the website and offer the best possible user experience. Personal information cannot be collected via cookies and other tracking technology, however, if you previously provided personally identifiable information, cookies may be tied to such information. Aggregate cookie and tracking information may be shared with third parties.

You may opt out of using cookies via your browser’s content settings. Disabling cookies will not affect the basic functions of the website or the information contained on the website.

Third-party disclosure
We do not sell, trade, or otherwise transfer to outside parties your PII. This does not include website hosting partners and other parties who assist us in operating our website or conducting our business, so long as those parties agree to keep this information confidential. We may also release information when necessary and appropriate to comply with the law, enforce our website policies, or protect ours and others’ rights, property, or safety.

Distribution of information
We may share information with governmental agencies or other companies assisting us in fraud prevention or investigation. We may do so when: (1) permitted or required by law; or, (2) trying to protect against or prevent actual or potential fraud or unauthorized transactions; or, (3) investigating fraud which has already taken place. The information is not provided to these companies for marketing purposes.

Commitment to data security
Your personally identifiable information is kept secure. Only authorized employees, agents and contractors (who have agreed to keep information secure and confidential) have access to this information. All emails and newsletters from this website allow you to opt out of further mailings.

Personal information protection and electronic documents act (pipeda).
The Office of the Privacy Commissioner of Canada requires commercial websites and online services to post a privacy policy stating exactly the information being collected and those individuals with whom it is being shared, and to comply with this policy.

Privacy contact information
Please contact us if you have any questions, concerns, or comments about our privacy policy.
We reserve the right to make changes to this policy. Any changes to this policy will be posted here.

Cindy WooChief of Staff

Cindy has over a decade of experience supporting C-suite executives and senior leadership teams across finance, energy, and Indigenous governance sectors. As Chief of Staff at Sonic Incytes, she partners closely with the leadership team to drive operational efficiency, manage strategic priorities, and support key organizational and people initiatives.

Cindy brings deep expertise in executive operations, corporate governance, human resources, and board coordination. Known for her organizational rigor, discretion, and proactive approach, she ensures the leadership team remains focused on strategic execution at every stage of the company’s growth.

Kerry DavisonDirector of Operations & Human Resources

Kerry brings extensive experience in operations, human resources, and organizational development to her role at Sonic Incytes. Prior to joining the company, she served as Operations Manager at Accel-Rx Health Sciences Accelerator Fund — a federally supported initiative advancing early-stage life sciences companies across biotech, medtech, and therapeutics — where she was instrumental in building and managing the Accel-Rx Mentorship Program, connecting founders and CEOs with experienced global leaders to accelerate commercialization and business execution. Earlier in her career, Kerry held operational and risk management roles at XL Catlin, Tokio Marine Kiln, Odyssey Re, and the Earthquake Commission, building a strong foundation in organizational operations and governance.

As Director of Operations and Human Resources at Sonic Incytes, Kerry leads cross-functional initiatives that drive organizational effectiveness, scale internal processes, and enable high-performing teams across the business. Her combination of life sciences ecosystem experience and operational discipline makes her a key contributor to the company’s growth infrastructure as Sonic Incytes scales globally. Kerry holds a Certificate in Human Resources Management from BCIT and a Bachelor’s degree in English Literature and Publishing from Oxford Brookes University.

Paul StoicescuDirector of Operations

Paul brings over 20 years of leadership experience in medical device operations, product development, and quality assurance, with a career defined by building manufacturing and supply chain infrastructure from the ground up. At Novadaq Technologies, he developed and scaled GMP manufacturing operations from startup through acquisition by Stryker, supporting growth to over $100 million in revenue while maintaining full ISO 13485 and FDA compliance. At Tryten Technologies, he tripled revenue from $5M to $16M, achieved ISO 9001:2015 certification, and reduced field defect rates from 0.5% to 0.07%.

As Director of Operations at Sonic Incytes, Paul oversees manufacturing, quality systems, and global supply chain as the company scales commercial production of the Velacur platform. His expertise in Class II and III medical device manufacturing, new product introduction, and risk-based quality frameworks is central to Sonic Incytes’ execution as it transitions to a global commercial organization. Paul holds an MSc in Electronics and brings deep proficiency in Six Sigma, Lean/Kaizen manufacturing, and quality standards including ISO 13485 and ISO 14971.

Paulo JelmoniChief Commercial Officer

Paolo brings over 25 years of medical technology leadership experience, with a career defined by building high-performing commercial organizations and driving sustained revenue growth in complex, innovation-driven markets. He has operated across the full commercialization lifecycle — from early market development and go-to-market strategy through global expansion, market access, and strategic partnerships.

At Brainlab, Paolo contributed to significant commercial expansion across neurosurgery, spine, integrated ORs, intraoperative imaging, and robotics, helping double North America revenues. At BK Medical, he played a central role in scaling the business globally through a customer-centric strategy, delivering consistent double-digit revenue growth and expanding ultrasound adoption in surgical workflows — contributing to the company’s acquisition by GE HealthCare for $1.45 billion.

As Chief Commercial Officer of Sonic Incytes, Paolo leads global commercial strategy, overseeing sales, marketing, market access, and partnerships as the company scales adoption of the Velacur platform. His deep expertise in capital equipment and point-of-care technologies, combined with a strong track record of translating clinical differentiation into commercial momentum, positions him as a key driver of Sonic Incytes’ growth in non-invasive liver diagnostics.

Dr. Caitlin SchneiderClinical Director

Caitlin has spent over 15 years advancing ultrasound and elastography technology, working across applications ranging from robotically controlled probes for laparoscopic surgery to quantitative assessment of fibrosis in transplant kidneys. She completed her PhD in Electrical and Computer Engineering at the University of British Columbia in 2017 and has been with Sonic Incytes since, playing a central role in translating research-stage innovation into clinically validated technology.

As Clinical Director, Caitlin bridges the technical and clinical dimensions of the Velacur platform, leading the Company’s clinical research programs supporting commercializations and product development, physician engagement, and the ongoing refinement of Sonic Incytes’ diagnostic capabilities. Her passion for moving technology from academic research into the hands of clinicians is at the heart of the company’s mission.

Julio LoboVice President, Research & Development

As a founding team member of Sonic Incytes, Julio has been instrumental in shaping the company’s technology and guiding product development from early concept through commercialization. He leads the company’s R&D function, overseeing engineering, product development, and design control activities while ensuring alignment with quality and regulatory requirements across the full development lifecycle.

Julio brings nearly 15 years of medical device and medtech experience spanning radiation therapy simulation, surgical robotics, and quantitative ultrasound systems. His ability to translate complex technologies into clinically impactful products has been central to the development of the Velacur platform. Julio holds a Master of Applied Science in Electrical Engineering and a Bachelor of Applied Science in Engineering Physics from the University of British Columbia.

Kevin MurreySenior Vice President, Sales

Kevin is a senior commercial and sales leader with more than 15 years of experience driving revenue growth and market adoption for innovative medical technology companies. He specializes in scaling early-stage and growth-phase organizations, building high-performing sales teams, and commercializing disruptive technologies within complex healthcare systems.

Kevin’s background includes building commercial operations from the ground up, accelerating revenue growth at Summit Clinical Research, and driving over $31 million in strategic growth at Echosens through national pharmaceutical partnerships and government health system engagements. As an experienced thought leader in MASH and MASLD, he brings a strong network across hepatology, medtech, and clinical research ecosystems. At Sonic Incytes, Kevin leads the North American sales organization with a focus on driving Velacur adoption across academic medical centers, integrated delivery networks, and specialty physician practices.

Richard RawnsleyChief Financial Officer

Richard is an experienced CFO and strategic finance leader with deep expertise in scaling growth-stage companies through capital formation, international expansion, and complex strategic transactions. He combines financial discipline with commercial acumen, having guided companies through pivotal inflection points including equity and debt financings, M&A integration, and public market preparation.

Most recently, Richard served as CFO of Alpha Foods, where he led corporate strategy, fundraising, and operational scaling through to the company’s acquisition by the LiveKindly Collective. Prior to that, he built global tax and treasury operations at Hootsuite during a period of rapid international expansion. He began his career at Ernst & Young in international tax and audit, developing a rigorous foundation in financial governance and cross-border transactions.

As CFO of Sonic Incytes, Richard brings extensive board and investor relations experience to the company at a critical stage of commercial growth, supporting the financial strategy that underpins Velacur’s global market expansion.

Barry AllenPresident & Chief Executive Officer

Barry brings a rare combination of visionary leadership and operational discipline built across decades of company-building in diagnostics, medical imaging, financial services, consumer products, and deep tech. He has founded, scaled, and exited multiple ventures, with a consistent track record of creating durable enterprise value.

As Founding CEO of VSM Medtech, Barry grew the company to over 250 employees and a $400 million valuation on the Toronto Stock Exchange. As Founding CEO and Chair of Zolo Ventures, he scaled the business to 900 employees before a successful exit to a major financial institution. He has also served as CEO of Urodynamix and PureWeb, both achieving successful exits.

A committed ecosystem builder, Barry established and funded BC Excels — a medical incubator generating over $1 billion in enterprise value — and served as Entrepreneur in Residence for Ventures West, managing in excess of $1 billion in assets. He has served as Chair and Director of Orpyx Technologies, Medical Ventures, and NeoVasc, and remains actively engaged across a portfolio of private and public boards. A frequent speaker and lecturer on innovation and entrepreneurship, Barry has mentored with Creative Destruction Labs (CDL) for years, championing the next generation of transformative founders.

As CEO of Sonic Incytes, Barry leads the company’s mission to make non-invasive liver diagnostics the global standard of care — advancing better outcomes for patients and delivering value for investors.

Dr. Kenneth MortisuguDirector

Dr. Kenneth Moritsugu is the President and Chief Executive Officer of First Samurai Consulting, LLC, a firm specializing in health consulting focused on public health systems and policies, “putting the patient at the center of everything we do.”

Dr. Moritsugu is the former Vice President for Global Professional Education and Strategic Relations for Johnson & Johnson’s Diabetes Solutions Companies, and former Worldwide Chairman of the Johnson & Johnson Diabetes Institutes (JJDI). He retired from Johnson & Johnson in 2013.

Rear Admiral Moritsugu was the Acting Surgeon General of the United States, in 2002 and again from July 2006 until his retirement from the Commissioned Corps of the US Public Health Service (USPHS) in September 2007. As Acting Surgeon General, he served as the nation’s top doctor, communicating the best available science and information to the American people to help protect, promote, and advance their health and safety. He was the operational commander of the 6,500 Commissioned Corps health professionals. A career officer in the USPHS for 37 years, he served as the Deputy Surgeon General of the United States from 1998. In these roles, he was responsible for the development and issuance of twenty major documents from the Office of the Surgeon General.

Dr. Moritsugu was born and raised in Honolulu, Hawaii. After attending Chaminade College for two years, he received his Baccalaureate Degree with Honors in Classical Languages from the University of Hawaii in 1967, his MD from the George Washington University School of Medicine in 1971, and a Master of Public Health in Health Administration and Planning from the University of California, Berkeley, in 1975.

Dr. Moritsugu has been a leader in the physician assistant profession since his tenure as Director of the Division of Medicine of the DHHS, from 1978 through 1983, when he supported the emerging group of new health professionals with grants for PA programs. As the Director of the National Health Service Corps from 1983 through 1987, he assigned PAs to NHSC sites including community health centers, as integral members of the health care team. Subsequently, as the Assistant Bureau Director and Medical Director of the Federal Bureau of Prisons, he was instrumental in establishing the key role of physician assistants in correctional health. He was responsible for the commissioning of the first PA in the US Public Health Service in 1989. He was appointed a Lifetime Member of the American Academy of Physician Assistants in May 1997. In May 2000, he received the Lifetime Achievement Award from the Veterans Caucus of the AAPA, and was designated a Lifetime Member. In May 1993, he received the President’s Award from the AAPA. After several terms on the board of the Physician Assistant Foundation, he received the distinction of Emeritus Trustee in 2002. In his role as Deputy Surgeon General, and Surgeon General of the United States, he continued to champion and to advance the concept of the PA in local, community, and national venues.

A member of Alpha Omega Alpha, Delta Omega, and Omicron Delta Kappa, Dr. Moritsugu is Board Certified in Preventive Medicine; holds Fellowships in the American College of Preventive Medicine, the Royal Society of Public Health, the Royal Society of Medicine, and the National Academy of Public Administration; and is a Certified Correctional Health Professional. He is an Adjunct Professor of Global Health at the George Washington University School of Public Health, and Adjunct Associate Professor of Preventive Medicine at the Uniformed Services University of the Health Sciences.

Dr. Moritsugu resides in Great Falls, VA with his wife, Lisa R. Kory. He has two daughters, Erika Lizabeth Moritsugu, Assistant Secretary for the U.S. Department of Housing and Urban Development, in Washington, DC; and Emily Renee Moritsugu.

To watch an interview by Dr. Moritsugu, please click here.

Acknowledgments: This biography was prepared by Dr. Moritsugu, with editorial assistance by Alfred M. Sadler Jr., MD, and submitted to the PA History Society in August 2016. The photo is courtesy of Dr. Moritsugu.

When using information from this biography, please provide the proper citation as described within the PA History Society Terms of Use.

Natalie DakersBoard Chair

Natalie Dakers is a leading figure in the Canadian health sciences sector. Natalie has been the founding CEO of several high impact and first-of-its kind national organizations including Accel-Rx Health Sciences Accelerator, the Centre for Drug Research and Development (CDRD) now Admare BioInnovations, and the commercial arm of CDRD, CDRD Ventures. She co-founded Neuromed Pharmaceuticals, a biotechnology company in the neurological space developing drugs for chronic pain and epilepsy. Early in her career she enabled the technology transfer for over a dozen start-ups while at the University of British Columbia (UBC)’s Industry Liaison Office. Natalie is an Adjunct Professor at UBC’s Faculty of Pharmaceutical Sciences.

Ms. Dakers has served on many public and private boards including BIOTECanada, Canada Foundation for Innovation (CFI), Genome Canada, Genome BC, LifeSciences BC and others. She currently serves on Augurex, BioTalent Canada, Pender Private Investments Inc., Sonic Incytes, and Stemcell Technologies.

Natalie has continued to support the health sciences ecosystem as a mentor to early stage innovation companies through programs provided by the Creative Destruction Lab (CDL), eUBC, LifeSciences BC, SFU Venture Labs, and WXN.

Among her many awards are BIV BC500 (2021), LifeSciences BC Milton Wong Award for Leadership 2019, Startup Canada’s Entrepreneur of the Year 2015, WXN’s Top 100 Most Powerful Women and Business in Vancouver’s Most Influential Woman 2016, 2018 and Industry Leadership BIOTECanada 2009.

Paul GeyerDirector

Paul brings over 25 years of experience as a seasoned entrepreneur in the medical device sector, having successfully founded and led three companies. With more than two decades as a successful angel investor, Paul’s unique operator background, extensive industry knowledge, and vast network have made him one of British Columbia’s most sought-after angel investors.

He is a trusted first call for aspiring ventures, particularly in the health technology space, providing him exceptional access to promising early-stage companies. His refined heuristic and deep market insights enable him to identify opportunities with the potential for substantial long-term returns.

Dr. Nezdam AfdahlClinical Advisor

Distinguished Professor of Medicine Harvard Medical School

Nezam H. Afdhal, MD, DSc, is the Chief of the Division of Gastroenterology at Beth Israel Deaconess Medical Center in Boston, Massachusetts. He is also Professor of Medicine at Harvard Medical School. Dr. Afdhal received his MD degree in 1981 from the Royal College of Surgeons in Ireland and did fellowship training at University College Dublin and at Boston University School of Medicine. Dr. Afdhal’s clinical expertise focuses on the management of the complications of liver disease, including cirrhosis and portal hypertension. His research has been on liver fibrosis, hepatitis B and C. Dr. Afdhal has served on multiple State, National and International advisory boards for liver disease. He has served as on the Editorial Board and as a reviewer for multiple journals in Gastroenterology and Liver Diseases. He has published more than 250 original manuscripts, reviews and editorials in journals such as New England Journal of Medicine, Gastroenterology, Hepatology, Gut, and Journal of Hepatology, as well as 40 book chapters and 2 books. He has received many awards, including the American Liver Foundation Award for Excellence, a Fullbright Scholarship and an Honorary Doctor of Science from the Royal College of Surgeons in Ireland.

Dr. Naim AlkhouriClinical Advisor

Naim Alkhouri, M.D., is the Director of the Fatty Liver Program and Medical Director of Research at the Clinical Research Institute of Ohio (CRIOH).  He also severs as the VP of Academic Affairs, Chief of Transplant Hepatology, and Director of the Fatty Liver Program at Arizona Liver Health (ALH) in Phoenix, AZ. Prior to joining CRIOH and ALH, Dr. Alkhouri served as the director of the Metabolic Health Center at the Texas Liver Institute and Associate Professor of Medicine and Pediatric at the University of Texas (UT) Health in San Antonio, TX.

Dr. Alkhouri completed his Gastroenterology and Transplant Hepatology training at the renowned Cleveland Clinic in Cleveland, OH where he was also appointed Assistant Professor of Medicine and Director of the Metabolic Liver Disease Clinic at the Cleveland Clinic Digestive Disease and Surgery Institute. Dr. Alkhouri is a key opinion leader in the field of NASH therapeutics and an advisor/ consultant to many pharmaceutical and biomarker development companies.  He is Principal Investigator on several multicenter global NASH trials and a member of the AASLD NASH Special Interest Group (NASH SIG).

Dr. Alkhouri has been published in over 200 publications and presents his work at both national and international medical conferences. Among many research awards, Dr. Alkhouri received the American College of Gastroenterology Junior Faculty Development Award to study the analysis of breath volatile organic compounds to diagnose nonalcoholic fatty liver disease. Dr. Alkhouri’s specialty interests include nonalcoholic fatty liver disease, metabolic liver diseases, viral hepatitis, autoimmune hepatitis, alpha 1 antitrypsin deficiency, and liver transplantation.