Former exec at Closure Medical joins BioDelivery Sciences
Local Tech Wire
RALEIGH, N.C. – Benny Ward, a former chief financial officer at Closure Medical, is joining BioDelivery Sciences International (Nasdaq: BDSI) as its business and strategic development officer.
Closure was acquired by Johnson & Johnson in 2005.
Ward worked at Closure from 1996 to 2005 and then joined InnerPulse from 2006 to 2008. He helped InnerPulse raise some $50 million in funding.
BDSI focuses on acute pain management and oncology.
“We are excited to have someone with Benny’s business and financial acumen and successful transaction experience join BDSI at such an important time in the growth of our company,” BDSI Chief Executive Officer Mark Sirgo said.
“We have reached a stage in our development where our business dictates that we begin to add executive management depth and talent to directly oversee key areas such as business and strategic development. Benny’s experience in building companies will be of significant value to us," he added in a statement.
"In addition, Benny’s experience in working with the investment community on a day–to-day basis will be instrumental in our efforts to enhance our investor relations activities.”
Get the latest news alerts: Follow LTW at Twitter.
Copyright 2012 WRAL Tech Wire. All rights reserved.
Featured
Hot Off The Wire
- Red Hat's new Fedora lead; Cree LED breakthrough; Google, Cisco top 'green' list; Oracle rejects SAP settlement; Yahoo board shakeup
- Will Cisco report progress in its turnaround efforts?
- Cisco server fire threat; Lenovo Android upgrade; cloud startup vs. Cisco; Epic's Blesinski to host awards; Google 'Solve for X'
E-mail Preferences
The Skinny
- Epic Games' Tim Sweeney reaps arts Hall of Fame honor today
- Charlotte's startup efforts pick up steam as more data pours in
- 'Battle in Bay 7' returns - Are you techies ready for some basketball?
- Inside RTP's new angel fund: Founders meeting 'significant' need
- Who won 'Social Bowl'? Super Bowl ads paying fans to play
- RTP broadband firm Overture, minus two top execs, launches new look
- Will RTP-based ChannelAdvisor go public? They're thinking
- What brands are winning Super Bowl hype? Two Durham firms to find out
- In Super Bowl of social media, Patriots win, Triangle firm says
- Big job cuts coming at IBM? Don't be surprised