RE: Share price movement2 Jan 2026 11:23
Yamin "Mo" Khan, CEO of hVIVO since 2021, has a track record of driving significant revenue growth, achieving record EBITDA margins, and leading a strategic expansion of the company's services and facilities.
Career Background
Mo Khan has over 25 years of experience in clinical research and the Contract Research Organisation (CRO) industry. Before becoming CEO of hVIVO, he held various leadership positions within the sector.
Key Achievements and Track Record at hVIVO
Under Mo Khan's leadership, hVIVO has achieved several key milestones, transforming the business into a global leader in human challenge trials and laboratory services:
Financial Growth: The company has consistently reported record financial results.
2023: Revenue increased by 16% to £56.0 million, and EBITDA rose by 44% to £13.0 million.
2024: Revenue grew by nearly 12% to £62.7 million, with an industry-leading EBITDA margin of 26%.
2025 Outlook: The company targets £73 million in revenue, with a long-term goal of reaching £100 million in revenue by 2028.
Operational Expansion and Efficiency:
Oversaw the move to a new, purpose-built, 50-bed human challenge facility in Canary Wharf, which allowed for the handling of CL3 level pathogens and improved operational efficiency.
Achieved a record number of inoculations in 2024 across nine challenge trials.
Launched the FluCamp volunteer and patient recruitment service, which efficiently recruited 817 participants for its largest field trial to date.
Strategic Acquisitions and Diversification:
Led the €10 million acquisition of two clinical research units in Germany from CRS, adding 120 beds and expanding hVIVO's offerings into Phase I and Phase II trials in new therapeutic areas like cardio-metabolic and dermatology.
Acquired Cryostore for bio-specimen storage, enhancing hVIVO's end-to-end service capabilities.
Diversified the company's challenge models to include Omicron and hMPV (human metapneumovirus).
Investor Confidence:
The company has maintained a strong cash position and confirmed continued dividend payments.
Mo Khan and other directors have publicly purchased company shares, signaling confidence in the company's growth strategy.
Mo Khan's leadership is widely reported to be the driving force behind hVIVO's "record-breaking performance" and strategic vision for future growth.