Ondine Biomedical Inc. NPV (CDI) (OBI)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

14.61p
   
  • Change Today:
    -0.39p
  • 52 Week High: 18.00p
  • 52 Week Low: 5.63p
  • Currency: UK Pounds
  • Shares Issued: 518.37m
  • Volume: 505,400
  • Market Cap: £75.75m

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 14.61p
Change Today -0.39p
% Change -2.58 %
52 Week High 18.00p
52 Week Low 5.63p
Volume 505,400
Shares Issued 518.37m
Market Cap £75.75m

OBI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.11% below the market average70.11% below the market average70.11% below the market average70.11% below the market average70.11% below the market average
95.12% below the sector average95.12% below the sector average95.12% below the sector average95.12% below the sector average95.12% below the sector average
Price Trend
76.81% above the market average76.81% above the market average76.81% above the market average76.81% above the market average76.81% above the market average
95.45% above the sector average95.45% above the sector average95.45% above the sector average95.45% above the sector average95.45% above the sector average
Income Not Available
Growth
41.68% above the market average41.68% above the market average41.68% above the market average41.68% above the market average41.68% above the market average
51.72% above the sector average51.72% above the sector average51.72% above the sector average51.72% above the sector average51.72% above the sector average

OBI Dividends

No dividends found

Trades for 01-Sep-2025

Time Volume / Share Price
14:08 70,000 @ 15.00p
13:34 54,123 @ 14.89p
13:15 6,715 @ 14.89p
09:48 100,000 @ 14.73p
11:17 1,638 @ 14.89p

OBI Key Personnel

Chair Jean Charest
CEO Carolyn Cross

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