Open Orphan has reported a fall in revenue for the six months to June 30. Open Orphan made a loss of £4.7m (€5m) for the six months to June 30. Open Orphan says it has a strong pipeline of contracted work and new projects “at an advanced stage of negotiation”. Hvivo, a subsidiary of Open Orphan, also works with companies in the UK and Ireland to provide Covid-19 testing to employees. In May, Open Orphan raised £12m (€13.2m) via an oversubscribed share placing.

Source: Irish Independent September 30, 2020 06:56 UTC