Ondine Biomedical Inc. NPV (CDI) (OBI)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

 13.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 14.50p
  • 52 Week Low: 5.63p
  • Currency: UK Pounds
  • Shares Issued: 443.43m
  • Volume: 105,158
  • Market Cap: £60.97m
  • Beta: 0.06

Ondine's Steriwave adopted by Ottawa Heart Institute

By Josh White

Date: Thursday 05 Jun 2025

LONDON (ShareCast) - (Sharecast News) - Ondine Biomedical announced on Thursday that the University of Ottawa Heart Institute (OHI) had adopted its Steriwave nasal photodisinfection therapy as a standard of care for all cardiac surgeries, marking a major institutional endorsement of the infection prevention technology.
OHI, the largest cardiac care centre in Canada and a globally-recognised leader in cardiovascular treatment and research, was integrating Steriwave into its pre-surgical protocols to enhance patient safety.

The AIM-traded firm said the adoption followed successful deployments at other leading institutions, including Vancouver General Hospital and the University of Alberta Hospital.

Steriwave is a light-based nasal decolonisation therapy designed to reduce surgical site infections.

Ondine said clinical use of the technology had shown meaningful reductions in infection rates, further validating its role in hospital infection control strategies.

The company said it was continuing to expand its footprint across Canada and the UK as hospitals seek innovative solutions to combat healthcare-associated infections.

"We are extremely pleased to be supporting the Ottawa Heart Institute's efforts to address multidrug resistance and enhance their patient protection protocols," said chief executive officer Carolyn Cross.

"By adopting Steriwave as standard of care, OHI is once again demonstrating its leadership in clinical excellence and its commitment to staying at the forefront of infection prevention.

"We are honoured to partner with such a forward-thinking institution, and we look forward to supporting OHI as they continue to set new benchmarks in patient protection and antimicrobial stewardship."

At 1045 BST, shares in Ondine Biomedical were up 11.76% at 9.5p.

Reporting by Josh White for Sharecast.com.

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OBI Market Data

Currency UK Pounds
Share Price 13.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 14.50p
52 Week Low 5.63p
Volume 105,158
Shares Issued 443.43m
Market Cap £60.97m
Beta 0.06

OBI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.59% below the market average69.59% below the market average69.59% below the market average69.59% below the market average69.59% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
79.35% above the market average79.35% above the market average79.35% above the market average79.35% above the market average79.35% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income Not Available
Growth
38.95% above the market average38.95% above the market average38.95% above the market average38.95% above the market average38.95% above the market average
43.75% above the sector average43.75% above the sector average43.75% above the sector average43.75% above the sector average43.75% above the sector average

OBI Dividends

No dividends found

Trades for 11-Jul-2025

Time Volume / Share Price
16:13 72,159 @ 13.85p
16:20 600 @ 14.00p
16:20 1,912 @ 13.50p
16:20 70 @ 13.50p
10:04 14,620 @ 13.72p

OBI Key Personnel

Chair Jean Charest
CEO Carolyn Cross

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