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

Where are BARD1's shares hiding?

| More on:

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.

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

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

A woman researcher holds a finger up in happiness as if making the 'number one' sign with a graphic of technological data and an orb emanating from her finger while fellow researchers work in the background.
Healthcare Shares

CSL led the ASX healthcare shares rebound. Can it continue?

The rebound of healthcare stocks looks promising, but proving the recovery is real remains.

Read more »

Three guys in shirts and ties give the thumbs down.
Healthcare Shares

Ingenia Communities Group rejects takeover offer, backs growth strategy

Ingenia Communities Group has rejected a takeover offer from Warburg Pincus, reaffirming its strategy and Peet acquisition plans.

Read more »

a man in a shirt and tie holds his chin in thoughtful contemplation and looks skywards as if thinking about something while a graphic of a road with many ups and downs unfurls behind him.
Healthcare Shares

CSL shares are up 94% from their low. What are brokers forecasting next?

Can CSL’s improving fundamentals justify the optimism now priced into shares?

Read more »

Woman with $50 notes in her hand thinking, symbolising dividends.
Dividend Investing

Looking to bank the upcoming CSL dividend? You better hurry!

Not only have CSL shares surged 91% since June, but the final dividend payout is still up for grabs. Though…

Read more »

a group of surgeons in full surgery dress including masks, gloves and head coverings stands together with arms folded and smiling eyes as if happy with the outcome of their efforts.
Healthcare Shares

Top 3 ASX healthcare shares to buy after a brutal year

Three very different ways to back healthcare.

Read more »

A kid stretches up to reach the top of the ruler drawn on the wall behind.
Healthcare Shares

Why brokers see 85% upside for this ASX biotech stock

This biotech combines growing revenue, pipeline catalysts, and significant upside.

Read more »

A female scientist in a laboratory setting using a tablet to review data, with a male scientist working in the background.
Healthcare Shares

Is the ResMed share price too cheap to ignore?

I think this stock still has a huge global growth opportunity, and the current valuation doesn't capture this.

Read more »

Doctor with stethoscope holding a tablet and smiling.
Healthcare Shares

Could this ASX healthcare stock really be set to rise 400%? Morgans thinks so 

This exciting stock could be set to explode.

Read more »