ANN ARBOR ? Biopharmaceutical start up NanoBio on Monday announced it has appointed David Peralta, former chief financial officer at Arbortext, to vice president and chief financial officer at NanoBio.
While at Arbortext, Peralta played a key role in transforming the company to a fast-growing software business, which ultimately led to Arbortext being acquired in 2005 for $190 million in cash. Before joining Arbortext, Peralta served for six years as the chief financial officer of Mechanical Dynamics, a publicly-held engineering software company. Peralta directed all finance and investor relations activities at Mechanical Dynamics during the company?s initial public offering in 1996, and up through the sale of the company in 2002.
?We are delighted to add an executive of Dave?s caliber to the NanoBio management team,? said NanoBio chief executive officer Michael Nestor. ?His arrival coincides with a very exciting period for NanoBio. We will certainly benefit from his vast experience as we seek to develop and commercialize our robust product pipeline of topical antimicrobial products, and pursue new opportunities for value creation in the future.?
Peralta holds a Bachelor?s degree in business administration from the University of Michigan, and is a certified public accountant.
