Pacific Edge Appoints Tony Barclay to its Board

Thu, Mar 17 2022 08:50 am


Cancer diagnostics company Pacific Edge (NZX: PEB, ASX: PEB) today announces the appointment of Tony Barclay as an Independent Non-Executive Director.

Mr Barclay, who takes up the role on 21 March 2022, is a highly experienced healthcare industry leader. He brings to Pacific Edge deep experience of taking innovative New Zealand technology to international markets, including the US.
He was formerly Chief Financial Officer and Company Secretary of Fisher & Paykel Healthcare (FPH) from when the healthcare business was separated from Fisher & Paykel Appliances in 2001. From then he led the finance team and was a member of the senior leadership team until 2018, a period which saw FPH grow to be one of the largest and most successful companies on the NZX.

He is currently Independent Chair of Izon Science, a world leading Christchurch-based manufacturer of nano-biological separation and characterisation tools and Chair of Australian-based Baymatob, a pioneer in women’s health and AI-guided monitoring for pregnancy and labour. He is also an Independent Director of Veriphi, an Auckland-based technology company developing intravenous drug identity and concentration verification devices.

Pacific Edge Chair Chris Gallaher said: “We are delighted Tony has agreed to join the Pacific Edge Board. He brings to the company world-class corporate finance expertise and a deep understanding of the challenges fast growing healthcare technology companies face taking their products to the world.

“We expect these perspectives will be of enormous value as Pacific Edge works to incorporate Cxbladder technologies into global standards of care for urolthelial cancer and drives towards their adoption by clinicians and healthcare providers around the world.”

Mr Barclay said: “I am looking forward to joining the Pacific Edge Board. Cxbladder offers clinicians and healthcare providers a compelling proposition. The suite of tests offers clinicians accurate, reliable, cost-effective, non-invasive urothelial cancer diagnostic tools that are backed by a growing body of high-quality peer-reviewed clinical evidence. I am looking forward to working with the team to realise the enormous opportunities the company enjoys around the world.”

Mr Barclay has been a Chartered Accountant in New Zealand since 1990 and is a member of the Institute of Directors and the Institute of Financial Professionals New Zealand (INFINZ). He received his Bachelor of Commerce degree in accounting and finance from the University of Otago, New Zealand.

Images of Mr Barclay can be downloaded from the following link:

Released for and on behalf of Pacific Edge by Grant Gibson, Chief Financial Officer.

For more information

Chris Gallaher
Pacific Edge
P: +61 417 556 691

Richard Inder
The Project
P: +64 21 645 643

Pacific Edge Limited (NZX: PEB) is a New Zealand publicly listed, cancer diagnostic company specialising in the discovery and commercialisation of diagnostic and prognostic tests for better detection and management of cancer. Its Cxbladder suite of non-invasive, simple to use and accurate diagnostic tests provide actionable results, and better detection and management of urothelial cancer. The company is developing and commercialising its range of Cxbladder bladder cancer tests globally through its wholly owned central laboratories in New Zealand and the USA. The company’s products have been tested and validated in international multi-centre clinical studies.

Announcement PDF

Markets News

How to survive a bear market
Dan Brunskill | Fri, 24 Jun 2022

Bear markets can be stressful but they also present opportunities for investors, says Salt Funds' Greg Fleming.  

Markets FREE
Index heavyweights pull NZ shares higher
Ella Somers | Thu, 23 Jun 2022

Peter McIntyre, an investment adviser at Craigs Investment Partners, said it had been a “strong performance” in today’s market.

How we can fix New Zealand's ports – Don Braid
Brent Melville | Thu, 23 Jun 2022

The head of the multinational logistics group says having container cranes sitting idle across the country is a waste of assets

Markets Exclusive
Investment platform Stake brings stock lending to NZ
Dan Brunskill | Thu, 23 Jun 2022

The zero-brokerage fee share trading platform is looking for ways to bring in revenue and make its business model more sustainable. 

Fletcher to deliver at least $850m operating earnings in 2023
Jenny Ruth | Thu, 23 Jun 2022

Fletcher Building achieved second-half profit margins of 9.5%, just below its target of 10% by the 2023 financial year.

Markets market close
NZ shares fall as Eroad near all-time low
Dan Brunskill | Wed, 22 Jun 2022

Eroad had a second day as the index’s biggest decliner, falling more than 5% to $1.57 and bringing its decline over the past year to almost 75%.

Fletcher said Gib orders reached double capacity
Staff reporters | Wed, 22 Jun 2022

Fletcher's new plant at Tauriko, due to open next year, will increase industry capacity by 30%.

Craigs recommends investors be ‘overweight’ Fletcher shares
Jenny Ruth | Wed, 22 Jun 2022

Even under a “bear-case scenario”, the house building pipeline should support Fletcher’s medium-to-long-term performance.

Markets FREE
NZ shares rise as recession fears ease
Ella Somers | Tue, 21 Jun 2022

Some investors in NZ’s market took the opportunity to buy up “beaten up” stock on the index today, Devon Funds' Greg Smith said.

Markets market close
NZ shares flat as recession risk puts investors off trading
Dan Brunskill | Mon, 20 Jun 2022

Trading volumes were unusually light, with US markets closed tonight for a national holiday.

NZSA, Simplicity call for Fletcher chair Bruce Hassall to resign
Jenny Ruth | Mon, 20 Jun 2022

The shareholder representatives say the Fletcher board must bear ultimate responsibility for the company’s poor performance and the Gib plasterboard shortage.

NZME makes up for slow buyback with $10m special dividend
Dan Brunskill | Mon, 20 Jun 2022

NZME has only spent $5.3m of the $30m set aside for share buybacks. 

Macquarie says Australian banks are profiting from low term deposit rates
Dan Brunskill | Mon, 20 Jun 2022

Are banks being too slow to raise term deposit rates? Some analysts say yes. 

Markets Market Close
Cautious trading follows week of share market turmoil
Ella Somers | Fri, 17 Jun 2022

Peter McIntyre, an investment adviser at Craigs Investment Partners, says New Zealand’s market has been "reliably well-behaved over the course of the day".

Fabrum open to listing to keep up with hydrogen demand
Brent Melville | Fri, 17 Jun 2022

The firm has doubled its headcount and is looking to raise capital to expand its manufacturing and engineering focus into green hydrogen applications.

Australia's electricity train wreck has lessons for NZ
Ian Llewellyn | Fri, 17 Jun 2022

Meridian says the fact that Australia's electricity market has turned into a train wreck shows its decision to pull out was the right one.

Primary Sector
Government favours Fonterra’s commercial interests: MPI
Jenny Ruth | Fri, 17 Jun 2022

The Ministry for Primary Industries estimated Fonterra’s restructuring would cost the average farmer between $135,000 and $400,000.

HW Richardson takes 'uncommercial' plunge into hydrogen
Brent Melville | Fri, 17 Jun 2022

New Zealand's biggest transport operator plans to have its first 10 dual-fuel hydrogen trucks on the road next year. 

Markets market close
NZ share market climbs as US Federal Reserve hikes interest rates
Dan Brunskill | Thu, 16 Jun 2022

Oanda market analyst Edward Moya said the absence of a Bitcoin rally could be a troubling sign for some investors.

Wounded Sky under pressure to return cash after MediaWorks U-turn
Daniel Dunkley | Thu, 16 Jun 2022

Sky TV and MediaWorks will be brushing themselves off after a bruising response to their proposal scotched a SkyWorks deal.

Sky pulls out of MediaWorks takeover
Daniel Dunkley | Thu, 16 Jun 2022

Sky TV has backed away from a dalliance with radio and outdoor advertising.

Mere mortals: investor confidence ebbs
Dan Brunskill | Thu, 16 Jun 2022

An annual survey of investor confidence shows the market fall has got some people rattled. 

Primary Sector
Fonterra restructure 'not in the national interest', says report
Jenny Ruth | Thu, 16 Jun 2022

It's important that constraints remain on Fonterra that counterbalance its privileged position in the dairy sector and the national economy, says TDB Advisory.

Markets market close
NZ shares stabilise as US Fed meets
Dan Brunskill | Wed, 15 Jun 2022

BNZ Research said there was now “a good chance” the Reserve Bank of NZ would hike 75 basis points when it meets next month.