Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Aroa Biosurgery appoints experienced Aus-based director

Auckland, NZ. Aroa Biosurgery Limited (Aroa), a New Zealand-headquartered, privately held soft-tissue repair company has appointed highly experienced Australia-based, Non-executive Director, John Diddams to its Board.

Aroa Chair, Jim Mclean says Mr Diddams’ appointment is timely as the company considers its options for raising further capital to fund its next growth phase, which could include seeking new investors in Australia and elsewhere.

“John brings a wealth of governance and advisory experience from his previous roles on the boards of, and providing advisory services to, growing mid-sized companies. Having previously worked with both medical and digital health companies, he is really well placed to help Aroa prepare for the next phase of its growth,” said Mr Mclean.

Mr Diddams has over forty years’ experience as a CFO, CEO and director of both private and publicly listed companies. He leads a CPA firm providing corporate advisory services to SME and mid-cap companies and has managed IPO’s, secondary capital raisings and ASX listings in the oil and gas, food and retail, telecommunications, biotechnology and dental and medical sectors.

He is currently a director of Volpara Health Technologies Limited and Experience Co Limited, and is Fellow of the Australian Society of CPAs and a Fellow of the Australian Institute of Company Directors.

Mr Diddams says he is excited to join the Board of Aroa as it gears up for its next stage of growth.

“Aroa has shown themselves to be strategic, agile and determined to deliver on their vision. Aroa manufactures and markets soft-tissue repair medical products to improve healing in complex wounds and soft tissue reconstructions, and has helped improve the lives of many patients. I look forward to supporting the company strategy, drawing on my past commercial experiences and relationships to help Aroa push forward with its growth aspirations,” Mr Diddams says.

“Aroa continues to grow strongly and is considering its options for a possible IPO and capital raising in 2020, as it looks to grow and develop to the next level of scale, consolidate its footprint in the United States, broaden into other markets and introduce several new products,” said Mr Mclean.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Paymark: Lockdown Equals Slowdown For Some

The three days of lockdown for Auckland earlier this month made a clear impression on our retail spending figures. While only Auckland moved into Level 3 lockdown, the impact was felt across the country, albeit at different levels. Looking at the ... More>>

Infrastructure Commission: Te Waihanga Releases Report On Water Infrastructure

The New Zealand Infrastructure Commission, Te Waihanga’s latest discussion document highlights the importance of current reforms in the water sector. Its State of Play discussion document about water infrastructure is one of a series looking at the ... More>>

Sci-Tech: Perseverance Rover Lands On Mars – Expert Reaction

NASA has landed a car-sized rover on the red planet to search for signs of past life. The vehicle has more instruments than the four rovers preceding it, and it’s also carrying gear that could help pave the way for human exploration of Mars. The ... More>>


ASB: Quarterly Economic Forecast Predicts OCR Hike As Early As August 2022

Predictions of interest rate rises have been brought forward 12 months in ASB’s latest Quarterly Economic Forecast. Chief Economist Nick Tuffley now expects the RBNZ to begin raising the OCR from its current level of 0.25% as early as August ... More>>

ACT: Matariki Almost A Half Billion Dollar Tax On Business

“Official advice to the Government says an extra public holiday at Matariki could cost almost $450 million,” ACT Leader David Seymour can reveal. “This is a perfect example of the Prime Minister doing what’s popular versus what’s responsible. ... More>>

Genesis: Assessing 6,000 GWh Of Renewable Generation Options For Development By 2025

Genesis is assessing 6,000 GWh of renewable generation options for development after starting a closed RFP process with 11 partners. Those invited to participate offer a range of technologies as Genesis continues to execute its Future-gen strategy to ... More>>

OECD: Unemployment Rate Stable At 6.9% In December 2020, 1.7 Percentage Points Higher Than In February 2020

The OECD area unemployment rate was stable at 6.9% in December 2020, remaining 1.7 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market. [1] In December, the unemployment rate was also stable ... More>>

Stats NZ: Unemployment Drops To 4.9 Percent As Employment Picks Up

The seasonally adjusted unemployment rate dropped to 4.9 percent in the December 2020 quarter, from 5.3 percent in the September 2020 quarter, Stats NZ said today. Last quarter’s unemployment rate of 5.3 percent followed the largest increase observed ... More>>