Polynovo appoints Jean-Marcel Gielen as CFO and company secretary

Company News

by Anna Napoli

Global medical device company, Polynovo (ASX:PNV) has appointed Jean-Marcel Gielen as CFO and company secretary.

He will take up the position on the 12th of December after working as CFO at CardioScan for six years.

The announcement comes on the back of strong growth for the company's NovoSorb product, with full year sales reaching $1.74 million.

The company expects that in FY19 its US business will become profitable when sales reach $1 million a month.

Shares in Polynovo (ASX:PNV) closed 0.84 per cent lower at $0.59 yesterday

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.