Proactive Research analyst John Savin presents his analysis on Open Orphan PLC (AIM:ORPH, OTC:OPORF)'s (Open Orphan PLC (AIM:ORPH, OTC:OPORF)).
As an indication of the firm's growth and leading position, two new contracts, one for about £10mln and one for £5mln, were announced in December 2021 after £21mln of new business already signed in H221.
Open has 43 category 2 quarantine beds in East London, 19 of which are in a leased Whitechapel former hotel facility and 24 on the QMB east London site. For the 2021 COVID-19 challenge
study, which needed a higher level of bio-security, 19 higher specification category 3 beds were used at the Royal Free Hospital.