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AXIM® Biotechnologies Appoints Kurt Phinney as Chief Operating Officer to Drive Scaling and Optimization of Manufacturing Unit
AXIM® Biotechnologies Appoints Kurt Phinney as Chief Operating Officer to Drive Scaling and Optimization of Manufacturing Unit.
About this update from Axim Biotechnologies, Inc.
[{"type":"text","content":"\n Leading Diagnostic Healthcare Company Selects Accomplished Operations Executive to Spearhead Growth of Diagnostic Assays Manufacturing SAN DIEGO, CA, May 23, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- AXIM Biotechnologies, Inc. (OTCQB: AXIM) (“AXIM Biotech,” “AXIM” or “the Company”), an international healthcare diagnostic solutions development company, announced today the appointment of Kurt Phinney as its new Chief Operating Officer. Phinney, a seasoned healthcare operations executive, will play a vital role in scaling and optimizing AXIM's manufacturing operations for its proprietary ophthalmological diagnostic assays to meet the rising demand. With an extensive background in healthcare operations management and scaling diagnostic companies, Phinney brings valuable expertise to AXIM. In previous roles, he successfully reduced costs, increased capacity, and shortened production time, boosting manufacturing output from 11,000 assays to an impressive 225,000 assays per week. Phinney also enjoys a track record of implementing and managing Quality Management Systems (QMS) and has successfully teamed to obtain CLIA-waiver applications with the FDA, which he aims to replicate at AXIM. \"We are thrilled to welcome Kurt to our team as we continue to expand our manufacturing operations to meet the increasing demand for our diagnostic assays,\" said John Huemoeller II, CEO of AXIM Biotechnologies. \"Previously, AXIM's manufacturing capacity was limited to smaller runs primarily used for research purposes. However, we are now experiencing significant interest in the commercial use of our assays. To ensure we meet this demand, we sought a proven leader with expertise in scaling similar organizations, regulatory compliance, and cost efficiency. Kurt's experience aligns perfectly with our requirements, and we eagerly anticipate his contributions as we scale up manufacturing to fulfill the nationwide demand for DED diagnostics.\" AXIM recently commenced manufacturing of its proprietary Ocular Immunoglobulin E (IgE) and Lactoferrin diagnostic assays to fulfill orders from its commercialization partner, with a current manufacturing capacity of up to 25,000 units per month. The addition of Kurt Phinney to the team aims to increase this capacity by at least 50% by Q4 2023. This expansion is essential to me...