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Open Orphan: Focused on a buoyant outlook

Open Orphan (ORPH) is a specialist Contract Research Organisation (CRO) offering pharmaceutical services relating to orphan and emerging therapies, and is pioneer in the testing of vaccines and anti-viral treatments through the use of human viral challenge (HVC) studies. FY19 financial results reflected a period of transition, as the company consolidated only six months of Venn revenues, with the focus being on integration and ongoing streamlining of the business, following the post–period acquisition of hVIVO in January. The outlook is for expanding its range of pharma services, completing the development of a COVID-19 HVC model, which is already attracting the attention of global pharma industry. It is also based on leveraging the potential of the broader anti-viral challenge study capabilities, and a growing range of laboratory services, targeting profitability by Q3 2020.

 

Quick facts: Open Orphan PLC

Price: 11.49999 GBX

AIM:ORPH
Market: AIM
Market Cap: £76.34 m
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Financial results and forecasts
Growth drivers
Management
Market conditions
Milestones & inflection points

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Open Orphan PLC targeting Q3 for profitability as it expands range of pharma...

Proactive Research analyst Emma Ulker says Open Orphan PLC's (LON:ORPH) full year 2019 results reflect a period of transition, as the company consolidated only six months of Venn revenues, with the focus being on integration and ongoing streamlining of the business, following the post–period...

1 week, 5 days ago

3 min read