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Aroa Biosurgery Ltd ( (AU:ARX) ) just unveiled an update.
Aroa Biosurgery Limited has announced the appointment of Paul Shearer as a Non-Executive Director, bringing his extensive experience in the medical device industry to the company. Shearer’s global commercial expertise, particularly in the United States, is expected to bolster Aroa’s growth strategy as it continues to expand its market presence. Concurrently, John Pinion will retire from the Board after a decade of service, during which he contributed significantly to the company’s milestones. This leadership transition is poised to enhance Aroa’s strategic oversight and operational execution, potentially impacting its industry positioning and stakeholder interests.
The most recent analyst rating on (AU:ARX) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Aroa Biosurgery Ltd stock, see the AU:ARX Stock Forecast page.
More about Aroa Biosurgery Ltd
Aroa Biosurgery is a soft-tissue regeneration company focused on developing, manufacturing, and distributing medical and surgical products for complex wounds and soft tissue reconstruction. The company utilizes a proprietary AROA ECM™ technology platform, derived from ovine forestomach, and has commercialized four product families targeting chronic wounds, hernia, soft tissue, and breast reconstruction. Aroa Biosurgery is headquartered in Auckland, New Zealand, and is listed on the Australian Securities Exchange.
Average Trading Volume: 246,444
Technical Sentiment Signal: Buy
Current Market Cap: A$260.5M
For a thorough assessment of ARX stock, go to TipRanks’ Stock Analysis page.