Hvivo (HVO)

Sector:

Health Care

Index:

FTSE AIM All-Share

28.60p
   
  • Change Today:
      0.35p
  • 52 Week High: 30.50p
  • 52 Week Low: 14.25p
  • Currency: UK Pounds
  • Shares Issued: 680.37m
  • Volume: 1,237,613
  • Market Cap: £194.59m

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 28.60p
Change Today 0.35p
% Change 1.24 %
52 Week High 30.50p
52 Week Low 14.25p
Volume 1,237,613
Shares Issued 680.37m
Market Cap £194.59m

Hvivo Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.38% below the market average95.38% below the market average95.38% below the market average95.38% below the market average95.38% below the market average
87.1% below the sector average87.1% below the sector average87.1% below the sector average87.1% below the sector average87.1% below the sector average
Price Trend
95.75% above the market average95.75% above the market average95.75% above the market average95.75% above the market average95.75% 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
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
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
39.29% above the market average39.29% above the market average39.29% above the market average39.29% above the market average39.29% 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
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 29-Apr-2024

Time Volume / Share Price
16:35 50,000 @ 28.50p
16:35 35,000 @ 28.60p
16:35 22,068 @ 28.60p
16:35 12,932 @ 28.60p
16:24 2,500 @ 28.63p

Hvivo Key Personnel

CEO Yamin Mo' Khan

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