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Open Orphan Divests Remaining 3.1% Stake In Integumen
(Alliance News) - Open Orphan PLC has netted over GBP500,000 after selling the rest of its shares in skin-care firm Integumen PLC, Open Orphan said on Friday.
The sale of the 30.1 million shares took place on July 1, and will allow Open Orphan to focus resources on creating an orphan drug platform, it said.
Open Orphan resumed trading in London in late June, having previously been called Venn Life Sciences Holdings PLC. It was created by the merger of Venn Life Sciences and Open Orphan DAC.
It will be targeting the "fragmented" orphan drug services market in Europe, which it said at the time is one of the fastest growing spheres in the pharmaceutical industry.
Open Orphan shares were up 8.5% on Friday at midday at 8.00 pence each, with Integumen up 1.4% at 2.08p.
Latest ORPH News
- TRADING UPDATES: essensys loss widens; Carclo demand strong
18 Oct 2022 - IN BRIEF: Open Orphan denies any involvement in insider trading claim
15 Sep 2022 - EARNINGS SUMMARY: Open Orphan name change; Secured Income winds down
8 Sep 2022 - TRADING UPDATES: Kropz gets more cash; Audioboom releases new podcasts
1 Sep 2022 - UK earnings, trading statements calendar - next 7 days
1 Sep 2022 - LONDON BROKER RATINGS: Berenberg downgrades Biffa, raises Kosmos
25 Aug 2022 - AIM WINNERS & LOSERS: Cyanconnode, Rosslyn Data rise on contract wins
22 Aug 2022 - Open Orphan shares up as hVIVO inks GBP10.4 million contract
22 Aug 2022
Related News
TRADING UPDATES: essensys loss widens; Carclo demand strong
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
IN BRIEF: Open Orphan denies any involvement in insider trading claim
Open Orphan PLC - London-based research organisation testing infectious and respiratory disease products - Confirms that it is helping the relevant Ir...
EARNINGS SUMMARY: Open Orphan name change; Secured Income winds down
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
ORPH.L News
TRADING UPDATES: essensys loss widens; Carclo demand strong
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
IN BRIEF: Open Orphan denies any involvement in insider trading claim
Open Orphan PLC - London-based research organisation testing infectious and respiratory disease products - Confirms that it is helping the relevant Ir...
EARNINGS SUMMARY: Open Orphan name change; Secured Income winds down
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
TRADING UPDATES: Kropz gets more cash; Audioboom releases new podcasts
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
LONDON BROKER RATINGS: Berenberg downgrades Biffa, raises Kosmos
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
AIM WINNERS & LOSERS: Cyanconnode, Rosslyn Data rise on contract wins
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
Open Orphan shares up as hVIVO inks GBP10.4 million contract
(Alliance News) - Open Orphan PLC on Monday said its subsidiary hVIVO Ltd has won a GBP10.4 million contract.
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