Harvard Bioscience appoints Stephen DeNelsky to its Board of Directors, enhancing governance and financial strategy in life sciences.
Quiver AI Summary
Harvard Bioscience, Inc. announced the appointment of Stephen DeNelsky to its Board of Directors, effective September 5, 2025. DeNelsky, who will also be part of the Nominating and Governance Committee, brings 30 years of experience in healthcare investment and financial strategy. John Duke, the company's President & CEO, emphasized the value of DeNelsky's expertise during a pivotal time for the company. DeNelsky has held senior positions at Oaktree Capital Management and other financial institutions, and he serves on the board of Visioncare Inc. He holds a B.A. in Economics and an M.B.A. and is expected to enhance the company's governance and strategic direction. Harvard Bioscience specializes in technologies and services for life science applications across various sectors.
Potential Positives
- Appointment of Stephen DeNelsky to the Board of Directors brings 30 years of healthcare industry experience, which can enhance strategic oversight and decision-making for Harvard Bioscience.
- Mr. DeNelsky's strong background in financial strategy and life sciences lending may contribute significantly to the company's long-term value creation.
- Inclusion of Mr. DeNelsky on the Board’s Nominating and Governance Committee is a strategic move that may improve corporate governance at Harvard Bioscience.
Potential Negatives
- Appointment of Stephen DeNelsky may raise concerns over the company's existing governance if previous board performance was lacking.
- The mention of forward-looking statements including issues related to the company's ability to continue as a going concern may indicate underlying financial instability.
- The press release heavily focuses on DeNelsky's previous experience but does not provide specific details on how this will directly benefit Harvard Bioscience, potentially leaving stakeholders questioning the impact of the appointment.
FAQ
Who has been appointed to Harvard Bioscience's Board of Directors?
Stephen DeNelsky has been appointed to Harvard Bioscience's Board of Directors, effective September 5, 2025.
What is Stephen DeNelsky's professional background?
He has 30 years of experience in healthcare equity analysis, currently serving as Managing Director at Oaktree Capital Management.
What committee will Stephen DeNelsky serve on at Harvard Bioscience?
Mr. DeNelsky will also serve on the Board's Nominating and Governance Committee.
What is the role of Harvard Bioscience?
Harvard Bioscience develops and sells technologies for life science applications, including research, drug discovery, and preclinical testing.
How can I find more information about Harvard Bioscience?
For more information, visit Harvard Bioscience's official website at www.harvardbioscience.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HBIO Hedge Fund Activity
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$HBIO Analyst Ratings
Wall Street analysts have issued reports on $HBIO in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
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Full Release
HOLLISTON, Mass., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Harvard Bioscience, Inc. (Nasdaq: HBIO) (the “Company” or “Harvard Bioscience”) today announced the appointment of Stephen DeNelsky to its Board of Directors, effective September 5, 2025. Mr. DeNelsky will also serve on the Board’s Nominating and Governance Committee.
“We are pleased to announce Steve as the newest member of our Board of Directors at such an important time for Harvard Bioscience,” said John Duke, President & CEO. “His knowledge across the verticals we operate in, as well as his expertise in guiding life sciences companies on financial strategy will be invaluable as we move forward.”
“I’m honored to join the Board and look forward to contributing to thoughtful governance and long-term value creation at Harvard Bioscience,” said Mr. DeNelsky.
Mr. DeNelsky possesses 30 years of experience in the research, analysis, and valuation of public and private equities in the healthcare industry. He currently serves as Managing Director at Oaktree Capital Management and has held senior roles at Marathon Asset Management and Life Sciences Alternative Funding. He has worked across all major sub-sectors of healthcare, including life sciences, pharmaceuticals, devices and services. Mr. DeNelsky also brings strong board experience and currently serves on the board of Visioncare Inc and previously served on the boards of Integrated Diagnostics and AMICAS, Inc. Mr. DeNelsky received a B.A. in Economics from the American University and an M.B.A. from the University of Maryland.
“We are thrilled that Steve has joined Harvard Bioscience’s Board and we are already benefiting from his extensive life sciences lending expertise” said Katherine Eade, Lead Independent Director.
About Harvard Bioscience
Harvard Bioscience, Inc. is a leading developer, manufacturer and seller of technologies, products and services that enable fundamental advances in life science applications, including research, drug and therapy discovery, bio-production and preclinical testing for pharmaceutical and therapy development. Our customers range from renowned academic institutions and government laboratories to the world’s leading pharmaceutical, biotechnology and contract research organizations. With operations in the United States, Europe, and China, we sell through a combination of direct and distribution channels to customers around the world.
For more information, please visit our website at www.harvardbioscience.com .
Forward-Looking Statements
This document contains forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “may,” “will,” “expect,” “plan,” “anticipate,” “estimate,” “intend,” “believe” and similar expressions or statements that do not relate to historical matters. Forward-looking statements include, but are not limited to, information concerning expected future financial and operational performance including revenue and gross margin, and matters relating to the Company’s ability to continue as a going concern, fund its operations, or refinance outstanding indebtedness. Forward-looking statements do not guarantee future performance and involve known and unknown uncertainties, risks, assumptions, and contingencies, many of which are outside the Company’s control. Risks and other factors that could cause the Company’s actual results to differ materially from those described in its forward-looking statements include those described in the “Risk Factors” section of the Company’s most recently filed Annual Report on Form 10-K as well as in the Company’s other filings with the Securities and Exchange Commission. Forward-looking statements are based on the Company’s expectations and assumptions as of the date of this document. Except as required by law, the Company assumes no obligation to update forward-looking statements to reflect any change in expectations, even as new information becomes available.
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