Hvivo (HVO)

Sector:

Health Care

Index:

FTSE AIM All-Share

8.70p
   
  • Change Today:
    -7.50p
  • 52 Week High: 30.60p
  • 52 Week Low: 6.50p
  • Currency: UK Pounds
  • Shares Issued: 687.01m
  • Volume: 83,112,085
  • Market Cap: £59.77m

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 8.70p
Change Today -7.50p
% Change -46.30 %
52 Week High 30.60p
52 Week Low 6.50p
Volume 83,112,085
Shares Issued 687.01m
Market Cap £59.77m

Hvivo Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
39.06% above the market average39.06% above the market average39.06% above the market average39.06% above the market average39.06% 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
Price Trend
84.79% below the market average84.79% below the market average84.79% below the market average84.79% below the market average84.79% below the market average
62.16% below the sector average62.16% below the sector average62.16% below the sector average62.16% below the sector average62.16% below the sector average
Income
8.77% above the market average8.77% above the market average8.77% above the market average8.77% above the market average8.77% 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
Growth
65.02% above the market average65.02% above the market average65.02% above the market average65.02% above the market average65.02% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average

What The Brokers Say

Strong Buy 3
Buy 4
Neutral 0
Sell 0
Strong Sell 0
Total 7
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 Final
Ex-Div 15-May-25 18-Apr-24
Paid 11-Jun-25 20-May-24
Amount 0.20p 0.20p

Trades for 30-May-2025

Time Volume / Share Price
16:37 36,000 @ 8.70p
16:35 62,515 @ 8.70p
16:35 6,570 @ 8.70p
16:35 15,404 @ 8.70p
16:35 40,541 @ 8.70p

Hvivo Key Personnel

CEO Yamin Mo' Khan

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