Universal Biosensors, Inc. announced the appointment of Mr. John Sharman as Chief Executive Officer. Mr. Sharman has over 20 years business experience in corporate finance, banking, private equity and senior public company leadership roles and has recently resigned as Chief Executive Officer of ASX listed, Medical Developments International Limited (MVP) to join UBI. During his 10-year tenure as CEO of MVP, Mr. Sharman oversaw the development of that business into a successful global pharma and medical device company and an increase in shareholder value from AUD 7 million (during 2010) to over AUD 700 million.