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1、2020/ANNUAL REPORT#NextScienceHealsTABLE OF CONTENTS1.Our Purpose 12.Patient Stories 33.Case Studies 54.Physician and Nurse Testimonials 75.New in 2021 96.Community Involvement 117.Chairmans Letter138.Managing Directors Report159.Directors Report1710.Lead Auditors Independence Declaration4111.Consol
2、idated Statement of Profit or Loss and Other Comprehensive Income4312.Consolidated Statement of Financial Position4413.Consolidated Statement of Changes in Equity4514.Consolidated Statement of Cash Flows4715.Notes to Financial Statements4816.Directors Declaration8817.Independent Auditors Report8918.
3、Investor Information9519.Corporate Directory1001 2020/ANNUAL REPORTOUR PURPOSE2#NextScienceHealsOur primary purpose at Next Science is to heal patients and save lives by addressing the impacts of biofilms on human health,and to commercialise our XBIO technology platform for shareholders.We have a un
4、ique opportunity to change the trajectory of the war on infection by providing solutions that eliminate biofilms,and their incumbent bacteria,fungi and viruses.OUR PURPOSE3 2020/ANNUAL REPORT#NextScienceHealsTHE ROAD TO RECOVERY In July 2019,James,a 52-year-old runner and cycling enthusiast was invo
5、lved in a multi-trauma motorcycle accident and suffered a compound tibial fracture.James had surgery on his leg and the fracture was treated by placement of a tibial nail and an additional plate.However,rather than healing properly,the wound oozed and bled for two months post-surgery.James then unde
6、rwent a second surgery,only to have the wound reopen again for another three months.Finally,James was diagnosed with a non-union,meaning the fracture did not heal and James would require further surgery using a graft of his own bones to try and fix the fracture.The non-union was a result of an under