Hvivo (HVO)

Sector:

Health Care

Index:

FTSE AIM All-Share

28.50p
   
  • Change Today:
      0.60p
  • 52 Week High: 30.60p
  • 52 Week Low: 18.00p
  • Currency: UK Pounds
  • Shares Issued: 680.37m
  • Volume: 1,724,303
  • Market Cap: £193.91m

Cathal Friel-led Poolbeg Pharma set to float on AIM

By Alexander Bueso

Date: Thursday 17 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Infectious disease specialist Poolbeg Pharma is to list on the London Stock Exchange's junior market, AIM, with a view to raising the funds needed to develop its product pipeline.
The outfit is the third life science firm from the Cathal Friel and Raglan Capital stable, alongside Amryt and Open Orphan.

Four days before, Open Pharma had announced its intention to distribute Orph Pharma Company Limited's share capital in specie.

"Poolbeg's approach to asset development should result in good licensing opportunities and excellent returns in a relatively short period of time with substantially less risk than the traditional biotech model and allow for regular investor newsflow," Poolbeg's non-executive chairman, Cathal Friel said.

Friel was also the executive chairman of Open Orphan.

The total addressable Infectious Disease market was put by Poolbeg at $250bn by 2025.

The company also noted how the estimated cost of the Covid-19 pandemic measured by lost economic output and reduced health amounted to 90% of US gross domestic product.

Its main asset was POLB 001, a Phase II ready small molecule immunomodulator for severe influenza.

The value of the addressable market for severe flu was put at $800m.

Poolbeg also had a vaccine discovery platform to seek out new vaccines which might generate "significant" shareholder value.

It also owned the PredictViral Biomarker platform for predicting severe disease, which the firm said held the "potential to transform the way infectious diseases are treated".

There was also a pipeline of further assets for acquisition post-IPO.

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Hvivo Market Data

Currency UK Pounds
Share Price 28.50p
Change Today 0.60p
% Change 2.15 %
52 Week High 30.60p
52 Week Low 18.00p
Volume 1,724,303
Shares Issued 680.37m
Market Cap £193.91m

Hvivo Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.74% below the market average95.74% below the market average95.74% below the market average95.74% below the market average95.74% below the market average
65.71% below the sector average65.71% below the sector average65.71% below the sector average65.71% below the sector average65.71% below the sector average
Price Trend
78.19% above the market average78.19% above the market average78.19% above the market average78.19% above the market average78.19% above the market average
94.59% above the sector average94.59% above the sector average94.59% above the sector average94.59% above the sector average94.59% above the sector average
Income
94.38% below the market average94.38% below the market average94.38% below the market average94.38% below the market average94.38% 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
52.34% above the market average52.34% above the market average52.34% above the market average52.34% above the market average52.34% 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 31-Oct-2024

Time Volume / Share Price
16:37 275 @ 28.50p
16:20 71,610 @ 28.25p
16:16 7,150 @ 28.40p
15:56 3,469 @ 28.65p
14:48 150,000 @ 28.15p

Hvivo Key Personnel

CEO Yamin Mo' Khan

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