Business update in connection with COVID-19
The Board of Bioservo today issues the following business update in view of the ongoing and rapidly evolving situation regarding COVID-19. The welfare of the Company's staff and customers is our main priority and we have been taking all appropriate actions to mitigate the impact of COVID-19 in accordance with the recommendations from the authorities. We are also working to protect Bioservo's financial assets and ensure future value for our stakeholders by proactively identifying opportunities for cost savings.As previously communicated, Bioservo has successfully initiated a large-scale