NZ's disease-free sheep stomachs key to Aroa's success

NZ's disease-free sheep stomachs key to Aroa's success
Aroa CEO Brian Ward says the firm will stay in NZ, close to that sheep supply. (Image: Aroa Biosurgery)
Rebecca Stevenson
Soft tissue repair company Aroa says it has myriad reasons to be confident about its outlook with expansion of its Auckland manufacturing site, new machinery to boost output, a new device approved in the US and chunky product margins. Aroa Biosurgery is listed on the Australian securities exchange but has no plans to leave NZ with the country’s ample and uniquely disease-free stock of sheep guts underpinning the company’s output. Aroa has two sites near Auckland airport where it turns ovine abattoir leftovers into medical...

More Markets

Being AI: Charter schools 'business opportunity'
Markets

Being AI: Charter schools 'business opportunity'

It started for personal reasons, but it also makes business sense, Being AI founders say.

Fletcher should avoid capital raise 'at all costs'
Markets

Fletcher should avoid capital raise 'at all costs'

Fletcher's debt concerns analysts, but largest shareholder not keen on raising cash.

NZ sharemarket down, Ryman Healthcare up
Markets Market close

NZ sharemarket down, Ryman Healthcare up

The S&P/NZX 50 Index closed at 11,618.09, a decline of 34.07 points or 0.29.

Graham Skellern 14 May 2024
Clicks to bricks: shoppers evolve as covid trends fade
Retail

Clicks to bricks: shoppers evolve as covid trends fade

Consumers are evolving, not reverting to old habits.

Gregor Thompson 14 May 2024