Oxford Nanopore Technologies (ONT)

Sector:

Pharma and Biotech

122.80p
   
  • Change Today:
      0.40p
  • 52 Week High: 208.20
  • 52 Week Low: 86.55
  • Currency: UK Pounds
  • Shares Issued: 954.11m
  • Volume: 1,112,467
  • Market Cap: £1,171.65m
  • Beta: 1.26

Oxford Nanopore files US subpoena application

By Iain Gilbert

Date: Tuesday 10 Sep 2024

LONDON (ShareCast) - (Sharecast News) - Nanopore sequencing products company Oxford Nanopore Technologies has filed an application in the US District Court for the Northern District of California for leave to serve subpoenas in support of a lawsuit it intends to file in the courts of England and Wales.
Oxford Nanopore said it filed an ex parte application that would allow it to serve Complete Genomics, Innomics, MGI Americas and others for breach of contractual obligations, claims for breach of common law obligations of confidence, breach of duties under the Trade Secrets Regulations 2018, and an entitlement claim to a license of certain patents. 

Additionally, while not commenting on future litigation, Oxford Nanopore added that it does not believe BGI Tech Solutions' nanopore-based sequencing technology would be able to be used in commercial products around the world without infringing or misappropriating its own "substantial portfolio of proprietary rights".

As of 1005 BST, Oxford Nanopore shares were untraded at 144.10p.









Reporting by Iain Gilbert at Sharecast.com

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ONT Market Data

Currency UK Pounds
Share Price 122.80p
Change Today 0.40p
% Change 0.33 %
52 Week High 208.20
52 Week Low 86.55
Volume 1,112,467
Shares Issued 954.11m
Market Cap £1,171.65m
Beta 1.26

ONT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.76% below the market average16.76% below the market average16.76% below the market average16.76% below the market average16.76% below the market average
12.00% above the sector average12.00% above the sector average12.00% above the sector average12.00% above the sector average12.00% above the sector average
Price Trend
24.58% below the market average24.58% below the market average24.58% below the market average24.58% below the market average24.58% below the market average
2.04% above the sector average2.04% above the sector average2.04% above the sector average2.04% above the sector average2.04% above the sector average
Income Not Available
Growth
13.53% below the market average13.53% below the market average13.53% below the market average13.53% below the market average13.53% below the market average
11.76% below the sector average11.76% below the sector average11.76% below the sector average11.76% below the sector average11.76% below the sector average

ONT Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
16:37 183,613 @ 122.72p
17:05 100 @ 122.80p
16:29 135 @ 124.00p
16:29 747 @ 123.90p
16:29 469 @ 123.90p

ONT Key Personnel

CEO Gurdial (Gordon) Sanghera
CFO Nick Keher

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