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Open Orphan gets approval to reduce capital ahead of spin-out

Open Orphan gets approval to reduce capital ahead of spin-out
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Prep Biopharm , Open Orphan , ப்ரெப் பிோபர்ம் , திறந்த ஆர்ஃபந் ,

Open Orphan considers spinning out assets


Open Orphan considers spinning out assets
Updated / Tuesday, 13 Apr 2021
18:30
Business Editor
Specialist pharmaceutical services clinical research company, Open Orphan, is considering a possible spin-out of certain non-core development intellectual property assets.
The company said the potential demerger is at an advanced stage of planning.
The assets include HVO-001, a candidate drug with potential applications in the treatment of respiratory disease.
However, the assets do not include the company s equity interests in Imutex Limited and PrEP Biopharm Limited.
Over the last year we have been busy transforming Open Orphan into a profitable enterprise with a world leading position testing vaccines and antivirals using human challenge studies, said Cathal Friel, Executive Chairman of Open Orphan. ....

Cathal Friel , Prep Biopharm , Open Orphan , Imutex Limited , Executive Chairman , Alternative Investment Market , ப்ரெப் பிோபர்ம் , திறந்த ஆர்ஃபந் , நிர்வாகி தலைவர் , மாற்று முதலீடு சந்தை ,

Open Orphan successfully completes PrEP Biopharm Toxicology study for respiratory 'viral mimic'


7:09 am
Open Orphan plc (LON:ORPH), a rapidly growing specialist pharmaceutical services CRO which is the world leader in the testing of vaccines and antivirals using human challenge clinical trials, has announced that drug development company PrEP Biopharm Limited, which is 62.6% owned by Open Orphan, has successfully completed a 12-week toxicology study for its novel pan-viral prophylactic asset, PrEP-001.
The animal model study provides safety data needed to move PrEP-001 into longer duration dosing in clinical studies. PrEP Biopharm intends to move forward with a real-world, field trial intended to validate the efficacy of its PrEP-001 against all circulating respiratory viruses, including COVID-19, influenza and the common cold. ....

Cathal Friel , Venn Life Sciences , Prep Biopharm , Open Orphan , Open Orphan Board , Executive Chairman , வென் வாழ்க்கை அறிவியல் , ப்ரெப் பிோபர்ம் , திறந்த ஆர்ஃபந் , திறந்த ஆர்ஃபந் பலகை , நிர்வாகி தலைவர் ,