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Dr Akers steps down as Akers Bioscience chairman

Mon, 25th Apr 2016 14:07

(ShareCast News) - Rapid health information technology developer Akers Biosciences saw its founder and namesake Dr Raymond Akers step down as executive chairman on Monday, instead focusing on the firm's products and research.The AIM-traded company's current non-executive co-chairman, Thomas Knox, would become the company's sole chairman.Knox is a Philadelphia-based businessman with high level corporate and governance experience, Akers' board said, adding he has owned, managed and sold multiple companies in the software, banking and health insurance industries.They include Disc Systems, Crusader Bank, Gimco International, Kasser Industries and Fidelity Insurance Group.He also serviced as chief executive officer for United HealthCare of Pennsylvania and as special deputy rehabilitator and chief executive of Fidelity Mutual Life Insurance Company.Knox was candidate for Mayor of Philadelphia in 2007 and for Governor of Pennsylvania in 2010.Dr Akers, currently co-founder and executive chairman, was being reappointed as co-founder and chief scientific director.Akers invented the company's platform technologies on which its products are based, including Particle ImmunoFiltration Assay, and will continue to lead the scientific development of the firm's product pipeline and enhancements to its commercialised products.Akers remains a director of the firm and will continue to interface with shareholders as co-founder."Having our recently appointed CEO focusing successfully on product commercialization and operations enables us to deploy the strengths of the Board of Directors more effectively," said Knox of the changes."I am pleased that this allows Dr. Akers to focus on accelerating the development of our pipeline of rapid diagnostic tests."Dr Akers said the new delegation of responsibilities was a good thing for the company, allowing him to more effectively utilise his technical strengths and advance the firm to the next level of scientific excellence, particularly in the fields of health and wellness, and infectious and respiratory diseases."I look forward to continuing to communicate the Akers Bio story to the investment community."
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8 Oct 2018 13:10

Akers Biosciences appoints chief executive after settling legal battle

(Sharecast News) - Akers Biosciences appointed Howard Yeaton as chief executive on Monday as the company reached a settlement in its legal dispute with Pulse Health.

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15 Aug 2018 08:04

Akers Biosciences profits hit over antigen difficulties

(Sharecast News) - Akers Biosciences' losses burgeoned as second-quarter revenues were cut in half after softer sales of its flagship Heparin rapid assay products had offset a stronger showing in its breathalyser unit.

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3 Apr 2018 13:45

Akers Biosciences 2017 Revenue Rises But Loss Widens On Higher Costs

LONDON (Alliance News) - Akers Biosciences Inc on Tuesday said revenue grew in 2017, but its loss widened due to increased costs across the business.The AIM-listed firm

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16 Mar 2018 18:11

Akers Biosciences Nets USD49,000 From Warrants Exercise (ALLISS)

LONDON (Alliance News) - Akers Biosciences Inc, a developer of health screening and testing products, said Friday that it has netted USD48,750 from warrants to

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16 Feb 2017 08:44

Akers Biosciences gains US patent for disposable cartridge

(ShareCast News) - Akers Biosciences, a developer of rapid health information technologies, has been granted a US patent for its wellness disposable markers. The US Patent and Trademark Office has given a patent for its proprietary cartridge for the optical scanning device used in the company's Brea

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10 Jan 2017 12:06

Akers Biosciences to raise $2m in US placing

(ShareCast News) - Rapid diagnostic test manufacturer Akers Biosciences said it plans to issue $2m of new shares plus warrants over another $1m worth of shares. The AIM- and Nasdaq-listed outfit said funds will be used for working capital as well as to accelerate growth in the US and in internationa

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19 Dec 2016 14:52

Akers Biosciences signs three year deal with US hospital group

(ShareCast News) - Rapid health information technology developer Akers Biosciences announced on Friday it has signed a three-year agreement with the Greater New York Hospital Association to introduce its flagship rapid tests for heparin-induced thrombocytopenia across the association's network of ov

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12 Dec 2016 16:03

UK Shareholder Meetings Calendar - Next 7 Days

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1 Dec 2016 12:13

Akers Agrees Deal For First Check To Sell Cholesterol Test In US

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10 Nov 2016 09:46

Akers Biosciences gains European patent for ketone breath device

(ShareCast News) - Akers Biosciences, a developer of rapid health information technologies, gains a European patent for its ketone acid breath device. The European Patent Office has issued a patent covering the company's breath ketone detector, a breath device to monitor ketone levels, which follows

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19 Aug 2016 12:18

Akers Biosciences, ChubeWorkx settle lengthy legal dispute

(ShareCast News) - Akers Biosciences has reached a settlement agreement with former distributor ChubeWorkx Guernsey Ltd, allowing it to recover $1.25m in product and cash and end a lengthy legal dispute between the pair. ChubeWorkx would recover what it was owed from a promissory note by taking deli

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18 Aug 2016 07:22

Akers Says Test Results "Highly Successful" For BreathScan OxiChek

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30 Jun 2016 08:56

Akers Says Rapid Chlamydia Test Trial "Highly Successful"

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27 Jun 2016 08:16

Akers Biosciences Signs First Distribution Deal For BreathScan OxiChek

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26 May 2016 16:27

DIRECTOR DEALINGS: Akers Biosciences Chief Executive Buys First Shares

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