LONDON (Alliance News) - Sphere Medical Holding PLC on Thursday said it has appointed a new chairman as it said it has made progress on its main objectives for the year.
Sphere said Non-Executive Chairman Anthony Martin is to step down from his role with immediate effect and will be replaced by David Martyr, who joined the board as a non-executive director in January.
Elsewhere, the company said it has made progress on its target of commercialising its Proxima 3 in-line patient-attached arterial blood gas analyser in the UK market and on the finalisation of the development of its Proxima 4 product.
Sphere shares were untraded Thursday, having last traded at 17.60 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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