Open Orphan (ORPH) is targeting rapid scale-up and profitability in the dynamic European orphan and rare disease consulting sector via acquisitions and organic means. The sector is reported to be growing at circa 11%, double the growth rate of the broader pharma market. The company’s Venn Life Sciences consulting arm, which counts an array of leading biopharma companies among its customers, is advancing its strategy of signing up long term partnerships with industry clients, providing substantial revenue prospects. In parallel, the company is close to launching its pioneering European rare disease, advocacy-led Genomic Health DataBANK platform and has signed five biopharma early adopters to trial its analytical capabilities.