BCAL Diagnostics (ASX:BDX) - CEO , Dr John Hurrell
CEO , Dr John Hurrell
Source: LinkedIn
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Breast cancer screening and diagnostic company BCAL Diagnostics (BDX) names Dr John Hurrell as its new Chief Executive Officer
  • The incoming CEO’s remuneration is set at $300,000 per annum, plus a short-term incentive of 30 per cent of total employment cost for 2022
  • Dr Hurrell will commence in his new role on February 14, with his time divided between Australia and the US
  • BDX shares last traded at 12.5 cents at 1:05 pm AEDT

Breast cancer screening and diagnostic company BCAL Diagnostics (BDX) has appointed Dr John Hurrell as its new Chief Executive Officer.

The company said Dr Hurrell, whose career spans 35 years, brings with him a wealth of experience in commercialising multiple products and services in life sciences and diagnostics.

He joins BCAL from JanaCare, a remote chronic disease patient management company focused on kidney disease and diabetes, where he held the role of Chief Commercial Officer.

Dr Hurrell’s remuneration will be $300,000 per annum, plus a short-term incentive of 30 per cent of total employment cost (TEC) for this year and 50 per cent of TEC for 2023.

He takes the reins at BCAL as the company progresses its vision to develop a non-invasive blood test for the detection of breast cancer.

BCAL Executive Chair Jayne Shaw said the company was excited to appoint a candidate as experienced and suitably skilled as Dr Hurrell.

“He has a strong track record in starting, building and improving the profitability, performance and value of life science and healthcare companies, demonstrated by his many years across international roles,” Ms Shaw said.

“We believe this will be ideal for BCAL as we continue to drive development of our technology to provide early and accurate breast cancer diagnosis to improve outcomes for patients.”

The incoming CEO will commence in his new role on February 14, with his time divided between Australia and the US.  He will manage the current scientific and clinical activities based in Sydney, while preparing the company for future product launch in North America.

BDX shares were trading almost steady at 12.5 cents at 1:05 pm AEDT.

BDX by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX has a red sector day on reports of Israeli strikes on Iran

The ASX200 has seen red, closing down 0.98% as reports of Israel launching retaliatory attacks on Iran ripped through global markets on …

Week 15 Wrap: USA uncertain, ECB shrugs at the Fed & gold, gold, gold

Depending on what interests you more, there were two big stories this week for the international…

Week 16 wrap: VIX jumps; IMF eyes US debt; Oz CPI & Mag7 reports next week

Uncertainty reigns, and not just because Israel has reportedly attacked Iran. The VIX hitting a six…

Strike pins hopes on seismic show to brighten Perth Basin prospects

Strike Energy has started two rounds of seismic exploration in the Perth Basin, with the first…