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Cohera Medical, Inc. Announces Closing of Insider Round of Financing for Over $7.6 Million
Date:5/7/2008

a revolutionary line of wound management products and surgical adhesives. Our products are based on a unique chemical design that is purely synthetic, easy to use, biocompatible and fully resorbable. Our lead product in development, TissuGlu(R), is a sprayable bonding agent for plastic surgery procedures. TissuGlu(R) adheres flaps of tissue after surgical procedures, eliminating the spaces where fluid accumulates and reducing wound drainage. Pre-clinical testing has shown that TissuGlu(R) virtually eliminates seroma formation, one of the most common complications of abdominoplasty procedures. Cohera is also developing additional surgical adhesives targeting mesh fixation and small bone fixation, which will fill similar market needs in both orthopedics and general surgery. TissuGlu(R) and the other Cohera products have not yet been approved for medical use by the Food and Drug Administration (FDA) in the US or by any other country's regulatory authority.

Certain statements made throughout this press release that are not historical facts contain forward-looking statements regarding the Company's future plans, objectives and expected performance. Any such forward-looking statements are based on assumptions that the Company believes are reasonable, but are subject to a wide range of risks and uncertainties and, therefore, there can be no assurance that actual results may not differ materially from those expressed or implied by such forward-looking statements.


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