24th Oct 2018 12:01
LONDON (Alliance News) - AI technology firm Sensyne Health PLC on Wednesday said Chairman John Bell has stepped down from the firm due to potential conflicts of interest.
Bell currently advises the UK government on its strategy for Life Sciences.
Non-Executive Director Charles Swingland will step up as interim chairman until a replacement is found, when he will return to his old role.
Sensyne Chief Executive Paul Drayson said: "On behalf of the board, I thank John for his significant contribution to this company and his leadership of the board through the successful IPO.
"Sensyne is committed to transparency and good corporate governance so we understand his obligation to step away from Sensyne as we pursue our commitment to improve patient health, medical practices and NHS healthcare costs and efficiencies through the analysis of both larger volumes of anonymised UK patient data and additional healthcare data sets."
Shares were untraded on Wednesday, last quoted at a price of 195 pence each.
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SENS.L