PITTSBURGH, June 30 /PRNewswire/ -- Cohera Medical Inc. today named Richard L. Wonsettler to the newly created position of vice president of finance and CFO.
The addition of Wonsettler, who has nearly 20 years of financial management experience with emerging private and public companies, comes at a time that Cohera Medical is preparing to enter the clinical stage of development with its lead surgical adhesive product, TissuGlu(R).
"We are entering an important phase in the company's growth," said Patrick Daly, president and CEO of Cohera Medical. "In conjunction with our product development activities, we are ramping up our financing activities. Richard has the proven experience in working with companies in positions similar to ours. He will be integral to our plans moving forward."
Prior to joining Cohera Medical, Wonsettler was the CFO and treasurer of Active Media/ClubCom Inc., venture-capital-backed, start-up companies in Pittsburgh for which he built the accounting and treasury departments. Before this, Wonsettler worked with Wexford, Penn.-based SMT Health Services Inc. (SMT) as CFO and treasurer. He was the head of SMT's finance department when the company was owned by private equity firm Apollo Management L.P. Earlier in his career, Wonsettler was an audit professional with KPMG L.L.P. in Pittsburgh.
Wonsettler is a certified public accountant. He received a bachelor's degree in accounting, summa cum laude, from Washington and Jefferson College in Washington, Penn.
About Cohera Medical
Cohera Medical Inc. is a Pittsburgh-based company that is developing a
revolutionary line of wound management products and surgical adhesives.
Cohera Medical's products are based on a unique chemical design that is
purely synthetic, easy to use, biocompatible and fully resorbable. The
company's lead product in development, TissuGlu, is a sprayable bonding
agent for plastic surgery procedures. TissuGlu adheres flaps of tissue
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