Ventria Announces
Randy Semadeni, Vice President of Finance and Business Development
March 7, 2007 – Ventria Bioscience
announced today that Randy Semadeni would be joining the company
as Vice
President of Finance and Business Development.
Semadeni joins Ventria’s
management with more than 15 years of experience in Finance and
Business Development. Prior to joining
Ventria, Randy led the commercial launch of two business units
for Rembrandt Enterprises. Randy has also held finance leadership
positions with Murphy Farms, a division of Smithfield Foods,
and Koch Industries.
"
Randy’s demonstrated success in finance and business development
will provide the expertise needed for Ventria to commercialize
its product pipeline,” said Scott Deeter, President and
CEO, Ventria Bioscience.
“I am excited to join Ventria’s team and contribute to the mission
of delivering affordable healthcare products to children who need it most,” said
Semadeni. He continued, “It is a unique opportunity to make a difference
for children on a global basis by applying my experience to achieve Ventria’s
vision.”
A recent child health study showed that Ventria’s Lactiva and Lysomin
helped reduce the duration of diarrhea in children by 30 percent, from 5.2
days to 3.7
days, as part of an oral electrolyte solution. Childhood diarrhea is
the second leading killer of children, claiming 2 million lives annually according
to the
World Health Organization.
For more information, see our website at Ventria Bioscience
http://www.ventria.com
Or contact:
Brandy Sargent, Corporate Communications
BSargent@Ventria.com
(916) 921-6148 ext. 27
Statements in this announcement other than historical data and
information constitute forward looking statements that involve
risks and uncertainties that could cause actual results to differ
materially from those stated or implied by such forward-looking
statements. Potential risks and uncertainties may include, but
are not limited to, recent changes in senior management, fluctuations
in operating results, market conditions and changes in technology
and increased competition.
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