SAN FRANCISCO, April 28, 2023 (Newswire.com) – Chronicled, the custodian of the MediLedger Network, announces the appointment of Vinod Lakhani as its new Chief Executive Officer. Vinod succeeds Susanne Somerville, who will step down as CEO and remain as an advisor to the company.
MediLedger is a blockchain-based network that creates industry-wide alignment, accuracy, and dispute settlement in life sciences and medical-surgical industries, recapturing lost revenue and optimizing gross-to-net savings. Current network members include AmerisourceBergen, Cardinal Health, Amici Pharmaceuticals, Fortune 500 manufacturers, and a number of other manufacturers, wholesaler, and group purchasing organizations.
Vinod Lakhani brings an extensive background in product management, operations, and emerging technology to his new role. With a passion for building businesses, leading innovation, and driving growth, Lakhani has played a pivotal role in launching products and teams that have generated over $1 billion in revenue. His deep knowledge of blockchain, smart manufacturing, and infrastructure will be invaluable in driving MediLedger’s core solutions and commitment to the life sciences industry.
Lakhani previously served as Chief Operating Officer and Chief Product Officer at Chronicled, prior to his new appointment as CEO. This appointment comes at a pivotal time for Chronicled and MediLedger, as the company shifts its focus towards scaling, capitalizing on its strong existing customer base.
On the appointment, Susanne Somerville said, “Vinod’s impressive track record in technology and driving growth, along with his deep understanding of the life sciences and medical surgical industries, make him the ideal leader to take Chronicled and MediLedger into their next phase of growth. I am confident in his ability to innovate and execute, ensuring the continued success of our shared mission.”
David Aho, Board Member, also shared his thoughts on the leadership transition: “Vinod’s appointment as CEO is a testament to his outstanding track record at Chronicled and his ability to deliver results. We are excited to see Chronicled and MediLedger continue to grow and thrive under his leadership.”
Vinod Lakhani commented on his new role, saying, “I feel privileged to assume the position of CEO at Chronicled and deeply appreciate the opportunity to expand upon Susanne’s accomplishments. Our focus will be on scaling the adoption of MediLedger’s solutions to meet the evolving needs of the life sciences and medical-surgical industries. I’m thrilled to guide our skilled workforce as we continue to deliver and create pioneering, blockchain-enabled solutions that enable industry-wide alignment, accuracy, and dispute settlement across the industry.”
About Chronicled and MediLedger
Chronicled serves as the custodian of the MediLedger Network, an industry-led, blockchain-powered network within the life sciences and medical-surgical industries. Chronicled’s role is to provide administration and build solutions on top of the MediLedger Network to facilitate trust and enable automation between trading partners.