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Mr. Wensheng Fan is an executive, entrepreneur, and innovator with over 20 years of leadership experience in bringing ambitious, high-tech product ideas to life, including natural speech recognition, real-time imaging systems for self-driving cars, and FDA Breakthrough designated medical devices leveraging AI technologies. Over the past 10 years, Mr. Fan has led Spectral MD to acquire over $250M in US federal government contracts from HHS/BARDA, NSF, NIH, DoD/DHA, and DoD/MTEC to fund the development and commercialization for DeepView®. He has also raised $39M in commercial funding to support large scale clinical applications in the DFU and chronic wound markets. In 2021, Mr. Fan took Spectral MD to IPO on the London Stock Exchange (LSE: SMD) with an oversubscribed round. In 2023, Mr. Fan led the transition to a NASDAQ Global Market listing (Spectral AI, NASDAQ: MDAI).As a Co-Founder and the first employee of Spectral MD, Mr. Fan built and led the team to bring DeepView® - a predictive diagnostic technology leveraging multispectral imaging and AI algorithms - from concept to an FDA Breakthrough designated medical device. DeepView® will address a combined $14.6B wound care market and is now under a Project BioShield contract with the US federal government (HHS/BARDA), moving towards commercial deployment as a US Mass Casualty Countermeasure. Mr. Fan has led Spectral MD’s efforts to develop DeepView® in diagnosing the healing potentials of Burn Wounds, Diabetic Foot Ulcers (DFU), Pressure Ulcers and other acute and chronic wound conditions to reduce patients’ pain and suffering, better guide the clinical treatment pathways, as well as provide systemwide cost savings to payers, physicians, and hospitals.Before Spectral MD, Mr. Fan played pivotal roles in start-ups and large, international companies, including imaging technologies for self-driving cars at Sensata Technologies; broadband wireless communications at Navini Networks (acquired by Cisco); and an early core member of PureSpeech Inc, a Boston based natural speech recognition technology company that was later acquired by Phillips Speech Processing. Mr. Fan received his MSEE degree from Northeastern University in Boston, MA, and BSEE degree from Tsinghua University in Beijing, China.
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CeoDeep Rx Inc.Texas, United States
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Chief Innovation Strategist, Senior AdvisorSpectral Ai Mar 2024 - PresentDallas, Tx, UsSenior Advisor on strategic partnerships and innovation directions. -
Chief Executive Officer (Ceo), Co-FounderSpectral Ai Jun 2020 - Mar 2024Dallas, Tx, UsTook Spectral MD to IPO on the London Stock Exchange (LSE: SMD) with an oversubscribed round in 2021; transitioned to IPO on NASDAQ Global Market listing (NASDAQ: MDAI) in 2023.Secured $149M US federal contract with HHS/BARDA under Project BioShield, towards commercial deployment for DeepView’s Burn AI Assessment system as a US Mass Casualty Countermeasure.Secured $4M grant from the Medical Technology Enterprise Consortium (DoD/MTEC) to support military battlefield burn evaluation via a handheld DeepView device.Cultivated and managed strategic relationships with US Government entities, medical KOLs, clinical champions, key suppliers, contract manufacturers, consulting firms, and investment groups. Collaborated with 4 federal agencies for contract funding, coordinated with over 20 leading research medical centers for clinical trials, and partnered with 25+ technology and component suppliers and contract manufacturers.Spearheaded the Company’s global regulatory strategy with FDA De Novo and EU CE mark developments; acquired UKCA authorization for DeepView Imaging System and AI Software in UK (2023, 2024).Fostered the company culture and cross-functional efforts to obtain ISO 13485 Certification (2023) for the manufacture and distribution of DeepView under the highest standards of quality, reliability, and safety.Awarded “Best Technology,” recognizing “a technology that is innovative, well-funded, and capable of significant commercial success,” by the European Mediscience Awards in 2022 for DeepView. -
Chief Operating Officer (Coo), Co-FounderSpectral Ai Jan 2019 - Jun 2020Dallas, Tx, UsSecured $91M BARDA contract to perform DeepView product development. Conducted clinical studies at 12 leading research hospitals to collect data for DeepView AI algorithm training and initial verification, reaching 91% accuracy for Day-1 burn wound severity assessment.Secured total $2.1M DoD/DHA contracts to develop a fully handheld iteration of DeepView for military.Led design of reimbursement coding strategy, focusing on incorporation of NT-APC, existing CPT, and new CPT codes for DeepView reimbursement. Developed pricing models using CMS and payer databases.Organized nationwide clinical trials with support from professional medical associations, including the American Burn Association (ABA) and the American College of Emergency Physicians (ACEP), to build value propositions with physicians, hospitals, payers, and federal agencies. -
Co-Founder, Executive Vice President, Chief Technology OfficerSpectral Ai May 2009 - Jan 2019Dallas, Tx, UsSecured $2.1M NSF grant (Phase 1, Phase 2, and Phase 2 Supplementals) on 4D non-invasive optical imaging methods to measure micro-circulation, founding Spectral MD Inc. Secured $13.1M BARDA Advance Research Project on using imaging to assess burn wound severity in mass casualty events. Received a total of $26M for the five-year contract period. Delivered 2 FDA 510(k) clearances (2013, 2018), FDA Breakthrough Device Designation status (2018), and 3 vertical clinical applications, establishing a converged value proposition in partnership with the federal contract sponsor (BARDA) and under the guidance of the FDA.Led international IP development for product lines and regions, successfully receive patent awards for key technologies in targeted markets. Obtained 26 issued and allowed patents and 38 pending globally. Developed research publication portfolio for FDA-clearance/clinical society awareness/investment fund-raising, including 8 peer-reviewed journal publications and presented 20+ conference proceedingsBuilt 100+ member teams in technology R&D and product engineering, regulatory and quality, testing and field services, clinical research, government contracts and affairs, marketing and commercialization.Cultivated relationships with various contract manufacturers to align with product development life cycles and commercialization volume forecasts. Established global manufacturing networks in US, EU, and Asia. -
Manager, Global Vision Application EngineeringSensata Technologies Oct 2006 - Apr 2009Attleboro, Ma, UsSensata Technologies is a world leader and early innovator in mission-critical sensors and electrical protection. Wensheng led the Global Vision Application Engineering team in developing products and applications related to automotive safety features used by major automotive OEMs worldwide.TOP ACCOMPLISHMENTS:► Built the global team and bridged cultures and time zones to deliver breakthrough vision solutions in self-driving automotive applications► Directed the pioneering of an imager, imaging module, smart camera, and DSP/uC-based vision sensor platform.► Applications included: Night Vision, HDR rear view, LDW, Blind Spot Detection, Domain Driven Design, and Advanced Driver Assistance Systems (ADAS). -
Staff EngineerNavini Networks Jan 2005 - Oct 2006San Jose, Ca, Us► Navini Networks was the developer of an Internet access system based on WiMAX wireless communication standards.► Wensheng worked on designing and implementing Layer I on base station systems for WiMAX products. -
Staff EngineerPrecision Drilling Aug 2001 - Jan 2005Calgary, Ab, Ca► Precision Drilling is the largest drilling rig contractor in Canada, that also provides oil field rental and supplies. ► Wensheng architected digital signal processing (DSP) communication systems for well logging tools. -
Manager, Technology Development IntegrationPhilips May 1995 - Jul 2001Amsterdam, Noord-Holland, Nl► Wensheng is one of the key contributors to Natural Speech Recognition innovation and commercialization.► Led technical teams for SpeechPearl and SpeechWave product development and customer integrations.► Introduced and managed Natural Speech Recognition Engines into Major Telecommunication OEM Platforms.► Scaled and transitioned technology developments during Philips Speech Processing’s acquisition into Voice Control Systems and PureSpeech Inc.
Wensheng Fan Skills
Wensheng Fan Education Details
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Northeastern UniversityCommunications And Digital Signal Processing -
Tsinghua UniversityAutomatic Control And Instrumentation
Frequently Asked Questions about Wensheng Fan
What company does Wensheng Fan work for?
Wensheng Fan works for Deep Rx Inc.
What is Wensheng Fan's role at the current company?
Wensheng Fan's current role is CEO.
What is Wensheng Fan's email address?
Wensheng Fan's email address is we****@****hoo.com
What is Wensheng Fan's direct phone number?
Wensheng Fan's direct phone number is +197249*****
What schools did Wensheng Fan attend?
Wensheng Fan attended Northeastern University, Tsinghua University.
What skills is Wensheng Fan known for?
Wensheng Fan has skills like Embedded Systems, Start Ups, Digital Signal Processors, Image Processing, Product Development, Testing, Electronics, Software Development, Wireless, Matlab, Semiconductors, Manufacturing.
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