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Pin to quick picksBatm Advanced Share News (BVC)

Share Price Information for Batm Advanced (BVC)

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Share Price: 18.05
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IN BRIEF: BATM Advanced Communications appoints new ADOR CEO

Tue, 19th Jul 2022 11:08

BATM Advanced Communications Ltd - Hod Hasharon, Israel-based networking and medical technology company - Appoints Eran Zahavy as the chief executive officer of associate firm ADOR Diagnostics. It says Zahavy has more than 20 years' experience in government and private bioscience organisations. Zahavy had served as chief technology officer at Bio-Medical division and as senior scientific consultant to ADOR.

"During this time, he has been instrumental in the progress made in the group's molecular diagnostics activities," BATM notes.

Chief Executive Officer Zvi Marom says: " [Zahavy] has an impressive track record of bioscience development and has been critical to the fantastic progress that we have made in our Bio-Medical Division in recent years. It is an exciting time for ADOR as we move to the pre-production phase and towards becoming a commercial clinical solution."

ADOR is developing the NATlab system, which is a molecular diagnostics platform that uses the isothermal amplification process to provide rapid sample-to-answer testing of pathogens.

Current stock price: 32.74 pence, down 1.3%

12-month change: down 62%

By Xindi Wei; xindiwei@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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