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Open Orphan PLC targeting Q3 for profitability as it expands range of pharma and COVID-19 services

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 acquisition of hVIVO in January.

Ulker says the outlook includes expanding its range of pharma services and completing the development of a COVID-19 HVC model which is already attracting the attention of the global pharma industry.

Click here to read Emma Ulker's latest update Open Orphan: Focused on a buoyant outlook

Quick facts: Open Orphan PLC

Price: 28.74 GBX

Market: AIM
Market Cap: £1.92 m

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Open Orphan first half: 'period of integration, restructuring and setting...

Proactive Analyst Emma Ulker talks through how Open Orphan (LON:ORPH) performed in the first half of the year.  In the six-month period to June 2020, the company focused on integration and restructuring following its acquisition of lab services and challenge studies specialist hVIVO in...

on 30/9/20

2 min read