Amphion Innovations Plc (LON:AMP) said its chairman, Richard Mansell-Jones, as well as a non-executive director, Miroslaw Izienicki, have stepped down from the board with immediate effect.
The AIM-listed medical, life science and tech business developer said it had begun the process of seeking suitable candidates and would update shareholders accordingly.
READ: Amphion Innovations partner Polarean Imaging begins first day of trading on AIM
Amphion’s chief executive, Richard C.E. Morgan, added: "Our team at Amphion remains confident in the futures of Motif Bio and Polarean Imaging, both now publically listed companies, as well as the future potential of FireStar Software.
“We believe that as our companies' progress, Amphion's shareholders will benefit in turn and we look forward to building on that base with new investment opportunities in the life-sciences sector."
The news follows the admission to AIM of Amphion’s partner company, Polarean Imaging PLC (LON:POLX) on March 29.