Polymer Engineering Alumnus Rings the Nasdaq Closing Bell in Honor of New Company02/23/2018
With the ring of a bell, CPSPE alumnus Murthy Simhambhatla announced to the world that his company, Evolus Inc., is officially on the market. After over a decade in the industry, Simhambhatla still calls his time in the Department of Polymer Engineering a life-changing experience.
Simhambhatla, who graduated with a Ph.D. from the Department of Polymer Engineering in 1994, actually took his company public on Nasdaq under the ticker symbol EOLS on February 8, 2018. The organization is defined as a “medical aesthetics company focused on providing physicians and their patients with expanded choices in aesthetic procedures and treatments.” It opens up new possibilities for practitioners of medical aesthetics, such as plastic surgeons and dermatologists.
Now that the company has been public for over two weeks, Simhambhatla visited the Nasdaq MarketSite in Times Square and was able to ring the Closing Bell. While today he serves as President and CEO of Evolus, he has also served those seats in the parent company, ALPHAEON, since August of 2016. Before that, he served as an advisor to various healthcare firms and held several leadership positions at numerous healthcare businesses and organizations, including Abbott Medical Optics and Abbott Laboratories.
“Many of the faculty members I used to work with have either moved on or passed, but I do owe a debt of gratitude to the DPE for an amazing period of discovery, friendships and personal growth,” says Simhambhatla.
Dean Eric Amis congratulated him on his momentous achievement and stated, “We look forward to hearing more good news of [Simhambhatla’s] successes as the business grows and continues in the marketplace.”