Open Orphan has announced it is at an advanced stage in planning to spin off non-core clinical development assets through an AIM market listing. The Board believes that this collection of assets and portfolio of IP is better developed in the long term by being separated from the core Open Orphan services businesses, allowing more appropriate focus and funding. In our view, the Group's recent commentary has indicated the intention to spin-off a number of assets and this news confirms progress her ....
13 Apr 2021
Open Orphan* - Potential Demerger of Non-Core Assets
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Open Orphan* - Potential Demerger of Non-Core Assets
hVIVO plc (HVO:LON) | 29.0 0 0.3% | Mkt Cap: 197.3m
- Published:
13 Apr 2021 -
Author:
Andrew Simms -
Pages:
5
Open Orphan has announced it is at an advanced stage in planning to spin off non-core clinical development assets through an AIM market listing. The Board believes that this collection of assets and portfolio of IP is better developed in the long term by being separated from the core Open Orphan services businesses, allowing more appropriate focus and funding. In our view, the Group's recent commentary has indicated the intention to spin-off a number of assets and this news confirms progress her ....