Oncimmune has released results for the 12m period to May-22, ahead of its changed year and to August. These results reflect a period of investment into the commercial team for ImmunoINSIGHTS and increased penetration into the Top 15 global pharma customers, where a number of MSAs have been signed. These are expected to translate into faster contract wins and management reports a current weighted value pipeline of £11.0m across the business, providing increased revenue visibility. Cost savings in the EarlyCDT business have been enacted and debt facilities extended, giving the group increased headroom to continue to grow the pipeline and convert that pipeline into signed contracts, revenue and cash.
