Why has the BARD1 (ASX:BD1) share price vanished from the ASX boards?

Where are BARD1's shares hiding?

| More on:
A male doctor wearing a white lab coat shrugs his shoulders and holds his hands up in the air looking confused

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The BARD1 Life Sciences Limited (ASX: BD1) share price isn't going anywhere on Thursday.

In fact, the BARD1 share price has vanished completely from the ASX boards today.

Where is the BARD1 share price?

The good news is that nothing bad has happened to the BARD1 share price or the company itself.

The reason you can't see it on the ASX boards is because this morning the company's name and ticker change came into effect.

Following the approval of shareholders at its annual general meeting at the end of November, the diagnostic and exosome-based products company has now renamed itself INOVIQ Ltd (ASX: IIQ).

Why did BARD1 become INOVIQ?

The company changed its name to INOVIQ as it feels this better reflects the strategic vision, broader intellectual property assets, and its expanded product portfolio since its acquisition of Sienna Cancer Diagnostics in 2020.

This is because the original name of BARD1 related to its BARD1 technology and doesn't reflect its broader interests across other technologies such as the SubB2M, NETs and hTERT.

INOVIQ's CEO, Dr Leearne Hinch, explained: "The name change to INOVIQ represents the evolution of the Company's expanded focus on developing and commercialising innovative diagnostic and exosome-based products to improve the diagnosis and treatment of cancer and other diseases. The new name future-proofs the continued growth and expansion of our business, capabilities, and product portfolio. We thank shareholders for their support of the name change and look forward to unveiling the new brand and website in coming weeks."

Prior to the name change, the BARD1 share price was up approximately 59% in 2021. Investors will no doubt be hoping the INOVIQ share price picks up from where BARD1 left off.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Healthcare Shares

smiling health care workers in a medical setting
Healthcare Shares

'Critical unmet need': Why everyone is talking about this ASX 200 healthcare stock

This healthcare stock has been given a boost from the US FDA today.

Read more »

Senior woman with caregiver in the garden
Healthcare Shares

Why this ASX 200 stock is a retiree's dream

I think this is a very healthy and resilient stock.

Read more »

A doctor appears shocked as he looks through binoculars on a blue background.
Healthcare Shares

3 ASX 200 healthcare stocks that could deliver big returns for investors

Analysts see a lot of value in these stocks at current levels.

Read more »

A team of people giving the thumbs up sign representing APA and Wesfarmers doing a deal to study green hydrogen transport using an APA gas pipeline
Healthcare Shares

Why are so many top fundies overweight on CSL shares?

This is a healthy opportunity, according to a number of fund managers.

Read more »

Scientist looking at a laptop thinking about the share price performance.
Share Fallers

Why did this ASX All Ords stock just crash 16%?

Investors are punishing this ASX All Ords stock on Thursday. But why?

Read more »

woman in lab coat conducting testing representing biotech
Healthcare Shares

Can the CSL share price really reach $500 in just 3 years?

Leading analysts are expecting big returns from CSL shares in the months ahead.

Read more »

Two businesspeople walk together in an office, smiling as they enjoy a good business relationship.
Healthcare Shares

Why two brokers have named this ASX 200 stock as a best buy

Investors may want to pounce on this high-quality stock before it's too late.

Read more »

A young man goes over his finances and investment portfolio at home.
Healthcare Shares

What could $5,000 invested in CSL shares become in 1 year?

Let's see what sort of returns analysts are tipping for this ASX giant.

Read more »