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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: 15.25 GBX

AIM:ORPH
Market: AIM
Market Cap: £101.51 m
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Open Orphan: New deal with top-three pharma company is 'evidence validation...

Proactive Research analyst Emma Ulker says the news this morning that Open Orphan PLC (LON:ORPH) subsidiary hVIVO has signed a £4mln contract with an unnamed top-three global pharma company is evidence that the validation is building as well as recognition amongst larger players in the industry....

on 10/8/20

2 min read