Phosphagenics board faces a shake-up

Governance issues continue to plague Phosphagenics in the wake of last year's fraud allegations, with the biotech likely to announce a board reshuffle soon.

Phosphagenics (POH) is believed to be close to announcing a board reshuffle to appease aggrieved shareholders following allegations of fraud against its former chief executive over six months ago.

The issue of governance continues to hang over the biotech since its former chief, Esra Ogru, was implicated by Phosphagenics in invoicing and accounting irregularities worth $5.7 million that stretched over eight years.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles