Australian-based reproductive biotechnology company, Memphasys Limited (ASX: MEM), has enhanced its board with the appointment of successful corporate executive Michael Atkins as an independent non-executive director, effective immediately.
Since 1987 Michael has been involved with the formation of, and capital raising for, and management of, many listed companies on the ASX, both as a Chairman/Director and as a corporate advisor.
Importantly for Memphasys, he has direct experience working in many countries throughout Asia, North America, Africa, and Europe.
Mr Atkins was, until November 2021, a Senior Advisor to international stockbroker Canaccord Genuity in Australia. Prior to that he spent more than 16 years in senior corporate advisory roles with several Australian stockbroking roles, including 10 years as Director – Corporate Finance at Paterson Securities. Mr Atkins is currently the Chair of Castle Minerals Limited and non-executive Director of SRG Global Limited, both ASX listed.
Commenting on the appointment, Non-Executive Chairman Robert Cooke, said, "Michael has a proven track record of achieving strong shareholder value and returns for the companies he has led, and we are pleased to have attracted someone with his experience to the board.
"As we continue to advance our commercialistion activities across our portfolio of assets we think this experience will be of immense benefit to the board and executive of Memphasys."
Mr Atkins added, "I have been a shareholder of Memphasys for many years and I welcome the opportunity to work with the board and executive as they continue to execute the company's commercialisation plans.
"I genuinely believe the commercial opportunity for Memphasys, across its portfolio, will rapidly advance in 2024 (and beyond) and am excited to play a role in that activity."
Mr Atkins is a Fellow of the Australian Institute of Company Directors and has a Bachelor of Commerce degree from the University of Western Australia.
About us:
About Memphasys
Memphasys Limited (ASX: MEM) specialises in reproductive biotechnology for high value commercial applications. Reproductive biotechnology products in development include medical devices, in vitro diagnostics, and new proprietary media. The Company's patented bio-separation technology, utilised by the Company's most advanced product, the Felix™ System device, combines electrophoresis with proprietary size exclusion membranes to separate the most viable sperm cells for human artificial reproduction.
Website: www.memphasys.com
The Felix™ System is a registered trademark of Memphasys Limited. All rights reserved.
