Hvivo (HVO)

Sector:

Health Care

Index:

FTSE AIM All-Share

27.25p
   
  • Change Today:
    -0.25p
  • 52 Week High: 30.50p
  • 52 Week Low: 14.25p
  • Currency: UK Pounds
  • Shares Issued: 680.37m
  • Volume: 601,061
  • Market Cap: £185.40m

Open Orphan upbeat on progress with nasal Covid-19 vaccine

By Josh White

Date: Monday 14 Dec 2020

LONDON (ShareCast) - (Sharecast News) - Specialist pharmaceuticals contract research organisation Open Orphan announced on Monday that the first in-human study of the Codagenix intranasal SARS-CoV-2 vaccine candidate for Covid-19 had gained approval from the UK's Medicines and Healthcare Products Regulatory Agency (MHRA).
The AIM-traded firm said its subsidiary hVIVO was working with US biotechnology company Codagenix to conduct the phase 1 study of 'Covi-Vac' - Codagenix's intranasal SARS-CoV-2 vaccine candidate.

It said the study would evaluate safety and immunogenicity of a single-dose nasal vaccine candidate in 48 healthy young adult volunteers at hVIVO's quarantine facility in Whitechapel, London.

Open Orphan said Covi-Vac was one of the few vaccines that used the live-attenuated virus, unlike most other vaccines which only contained the viral spike.

It said the vaccine, therefore, had the potential to induce broad antibody, cellular and mucosal immunity with a single intranasal dose, and could be one of the first vaccines to provide long-term immunity from Covid-19.

hVIVO was expecting the study to start in January, with initial data expected early in the second quarter of 2021.

The company said it had already started enrolling volunteers for the study in its 24-bedroom East London quarantine clinic, through hVIVO's dedicated volunteer recruitment website.

"We are delighted to have MHRA approval to begin recruiting volunteers for this much needed clinical trial," said executive chairman Cathal Friel.

"The volunteers who attend our unique quarantine facility in East London are expertly supervised in a safe, controlled clinical environment and could be contributing to the development of a new breakthrough vaccine candidate that has the potential to confer immunity to individuals over a much longer timescale.

"We hope to demonstrate safety and immunogenicity through this trial, which will then allow us to support Codagenix as they move into a larger phase 2 and 3 programme."

At 1129 GMT, shares in Open Orphan were down 0.22% at 22.45p.

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Hvivo Market Data

Currency UK Pounds
Share Price 27.25p
Change Today -0.25p
% Change -0.91 %
52 Week High 30.50p
52 Week Low 14.25p
Volume 601,061
Shares Issued 680.37m
Market Cap £185.40m

Hvivo Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.51% below the market average95.51% below the market average95.51% below the market average95.51% below the market average95.51% below the market average
81.25% below the sector average81.25% below the sector average81.25% below the sector average81.25% below the sector average81.25% below the sector average
Price Trend
96.18% above the market average96.18% above the market average96.18% above the market average96.18% above the market average96.18% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
94.72% below the market average94.72% below the market average94.72% below the market average94.72% below the market average94.72% 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
41.80% above the market average41.80% above the market average41.80% above the market average41.80% above the market average41.80% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 0
Sell 0
Strong Sell 0
Total 6
strong_buy
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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 16-May-2024

Time Volume / Share Price
16:29 10,000 @ 27.24p
16:29 2,000 @ 27.24p
16:17 366 @ 27.28p
16:09 6,250 @ 27.28p
16:05 56,100 @ 27.00p

Hvivo Key Personnel

CEO Yamin Mo' Khan

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