Australia's Next Science appoints new CEO, shares rise

Next Science

16/06/2023 05:27

** Shares of Next Science  NXS.AX  rise as much as 6.6% to
A$0.565
    ** Stock on track for highest intraday gain since June 1 if
trends hold
    ** Co says it has appointed Harry Thomas Hall IV as Managing
Director and CEO
    ** Says Hall IV has held various roles in the global medical
device industry
    ** Co says it is focusing on commercialising its XBIO
technology which aims to reduce the impact of biofilm-based
infections
    ** Says outgoing CEO Judith Mitchell will remain with co
until the end of July to aid in a smooth handover
    ** Stock down 22.6% YTD, as of last close

 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))