Open Orphan: Scaling Up, Leveraging Valuable Assets
Open Orphan PLC (LON:ORPH) is a specialist contract research organisation (CRO) offering pharmaceutical services focused on orphan drugs. It is a world leader in the testing of vaccines and anti-viral treatments through the use of human challenge study services. With its hVIVO subsidiary now integrated, Open Orphan (ORPH) is leveraging its capabilities to the full, growing the top line and targeting near term profitability by delivering specialist pharma services across its hVIVO and Venn subsidiaries. The game-changing target to develop a coronavirus human viral challenge model would provide a unique service, potentially accelerating the development of vaccines and anti-viral treatments for COVID-19. ORPH looks to license FLU-v, a differentiated universal flu vaccine, developed by its 49% owned joint venture Imutex acquired through the hVIVO merger, offering risk-free upside prospects.
Quick facts: Open Orphan PLC
Price: 18.75 GBX
Market Cap: £124.8 m
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