Cohesion Technologies
This article was originally published in The Gray Sheet
Executive Summary
William Mavity is named president and CEO, effective Oct. 1. Mavity, 51, formerly served as president and CEO of InnerDyne, which was acquired by Tyco's U.S. Surgical business a year ago (1"The Gray Sheet" Oct. 9, 2000, p. 14). The exec will take over from outgoing David Foster, CEO, and Frank DeLustro, president and chief operating officer, as part of a planned transition to focus on biosurgical product commercialization efforts with "a more seasoned executive," the firm explains. Palo Alto, California-based Cohesion is awaiting a rescheduling of an FDA panel review of its CoSeal surgical sealant following a Sept. 11 cancellation (2"The Gray Sheet" Sept. 17, 2001, p. 7)