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Innovotech ( (TSE:IOT) ) just unveiled an update.
Innovotech Inc. has strengthened its executive leadership by appointing long-time Keystone Labs leader Jodi McDonald as Chief Operating Officer and former Keystone Vice President of Marketing and Business Development Rod Szarka as Chief Commercial Officer, moves aimed at deepening operational discipline and building a more robust commercial engine across its life sciences business lines. The company also signed a 14‑month lease, with flexible month‑to‑month extensions, for a new facility in Edmonton that will replace the expiring Keystone space, supporting the integration of its recently consolidated lab operations while preserving flexibility as it evaluates longer-term infrastructure needs.
More about Innovotech
Innovotech Inc., listed on the TSX Venture Exchange, operates as a life sciences contract research organization (CRO) with combined capabilities in analytical chemistry, microbiology and specialized testing, serving regulated life sciences and medical device clients. Through its Innovotech Labs Corporation unit, formed by the recent amalgamation of Keystone Labs Inc. and Innovotech Labs Corporation, the company focuses on delivering high-quality, regulated laboratory services and expanding its commercial reach within the broader life sciences market.
Average Trading Volume: 29,733
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$14.7M
Learn more about IOT stock on TipRanks’ Stock Analysis page.