Ondine Biomedical Inc. NPV (CDI) (OBI)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

17.17p
   
  • Change Today:
    -0.33p
  • 52 Week High: 18.00
  • 52 Week Low: 5.63
  • Currency: UK Pounds
  • Shares Issued: 444.23m
  • Volume: 169,280
  • Market Cap: £76.26m
  • Beta: 0.03

Ondine to pilot Steriwave at Mexico City hospital

By Josh White

Date: Wednesday 13 Aug 2025

LONDON (ShareCast) - (Sharecast News) - Ondine Biomedical announced Wednesday that it will pilot its Steriwave nasal photodisinfection system at ABC Medical Center in Mexico City from September, marking the technology's first hospital deployment in Mexico.
The AIM-traded firm said the pilot would target reducing surgical site infections and healthcare-associated infections in orthopaedic and neurosurgery patients.

"The Mexican market is a key pillar of our long-term strategic growth plans, and we are thrilled to partner with a world-class institution in ABC Medical Center," said chief executive Carolyn Cross.

"Their dedication to clinical excellence and patient safety makes them the ideal pilot partner for Steriwave's initiation in Mexico."

Ondine said Mexico's private healthcare sector, comprising around 3,000 hospitals and performing about a quarter of all surgeries in the country, faced SSI rates nearly double those in the US, compounded by rising antimicrobial resistance.

Dra. Roxana Trejo Gonzalez, ABC's director of infection control, said piloting Steriwave "reflects our commitment to adopting evidence-based interventions against antimicrobial resistance. Reducing nasal pathogen load is a crucial step in preventing SSIs and protecting our local and international patients."

Steriwave, already used in hospitals in Canada, the UK and other markets, was described by Ondine as a non-antibiotic, light-activated therapy that decolonises nasal passages - a primary reservoir for multidrug-resistant organisms - without contributing to antimicrobial resistance.

At 1400 BST, shares in Ondine Biomedical were up 7.41% at 14.5p.

Reporting by Josh White for Sharecast.com.

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OBI Market Data

Currency UK Pounds
Share Price 17.17p
Change Today -0.33p
% Change -1.90 %
52 Week High 18.00
52 Week Low 5.63
Volume 169,280
Shares Issued 444.23m
Market Cap £76.26m
Beta 0.03

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 21-Aug-2025

Time Volume / Share Price
09:55 31,000 @ 17.00p
09:52 20,000 @ 17.00p
09:52 25,000 @ 17.00p
09:51 20,000 @ 17.03p
09:49 14,192 @ 17.25p

OBI Key Personnel

Chair Jean Charest
CEO Carolyn Cross

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