Hvivo (HVO)

Sector:

Health Care

Index:

FTSE AIM All-Share

22.90p
   
  • Change Today:
      0.80p
  • 52 Week High: 30.60p
  • 52 Week Low: 18.00p
  • Currency: UK Pounds
  • Shares Issued: 680.37m
  • Volume: 3,232,904
  • Market Cap: £155.81m
  • Beta: 0.31

Open Orphan subsidiary signs contract to make Covid-19 challenge virus

By Josh White

Date: Monday 10 May 2021

LONDON (ShareCast) - (Sharecast News) - Specialist pharmaceutical services contract research organisation Open Orphan announced on Monday that its subsidiary hVIVO has signed a contract with Imperial College London, as part of a Wellcome Trust-funded initiative to manufacture a SARS-CoV-2 challenge virus.
The AIM-traded firm said the contract was worth £3m, and under this agreement hVIVO would develop a new SARS-CoV-2 challenge virus based on new emerging variants of the virus, which would be used in future hVIVO-run human challenge trials to allow direct comparisons of vaccines or antivirals against different Covid-19 variants.

It said the manufacturing project would begin immediately, and was expected to complete before the end of 2021.

Following completion of the manufacturing project, there was the potential for a follow-on characterisation study for the virus to be conducted by hVIVO in partnership with Imperial and Wellcome.

Open Orphan said it had successfully initiated the development of a number of coronavirus challenge viruses.

The company had already developed the initial circulating Covid-19, or SARS-CoV-2, virus as part of the Human Challenge Programme in partnership with the UK government.

"This contract is a great example of how our unique abilities to provide an all encompassing solution for human challenge trials sets us apart," said executive chairman Cathal Friel.

"We are able to support our customers from the very beginning of the process by developing challenge study models, including the manufacture of the challenge virus, as well as taking responsibility for full trial recruitment and using our London-based quarantine facilities to run the human challenge studies themselves."

At 0913 BST, shares in Open Orphan were down 1.31% at 37.26p.

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Hvivo Market Data

Currency UK Pounds
Share Price 22.90p
Change Today 0.80p
% Change 3.62 %
52 Week High 30.60p
52 Week Low 18.00p
Volume 3,232,904
Shares Issued 680.37m
Market Cap £155.81m
Beta 0.31

Hvivo Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.41% below the market average91.41% below the market average91.41% below the market average91.41% below the market average91.41% below the market average
54.29% below the sector average54.29% below the sector average54.29% below the sector average54.29% below the sector average54.29% below the sector average
Price Trend
46.99% above the market average46.99% above the market average46.99% above the market average46.99% above the market average46.99% above the market average
72.97% above the sector average72.97% above the sector average72.97% above the sector average72.97% above the sector average72.97% above the sector average
Income
90.51% below the market average90.51% below the market average90.51% below the market average90.51% below the market average90.51% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
52.85% above the market average52.85% above the market average52.85% above the market average52.85% above the market average52.85% above the market average
72.22% above the sector average72.22% above the sector average72.22% above the sector average72.22% above the sector average72.22% above the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 0
Sell 0
Strong Sell 0
Total 6
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Hvivo Dividends

  Latest Previous
  Final Special
Ex-Div 18-Apr-24 04-May-23
Paid 20-May-24 09-Jun-23
Amount 0.20p 0.45p

Trades for 21-Nov-2024

Time Volume / Share Price
16:29 1 @ 22.95p
16:29 1 @ 22.95p
16:26 20,000 @ 23.00p
16:13 225,000 @ 23.06p
16:19 4,309 @ 23.09p

Hvivo Key Personnel

CEO Yamin Mo' Khan

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