Open Orphan (ORPH)

Sector:

Health Care

Index:

FTSE AIM All-Share

5.15p
   
  • Change Today:
    -0.63p
  • 52 Week High: 8.00
  • 52 Week Low: 1.55
  • Currency: UK Pounds
  • Shares Issued: 254.57m
  • Volume: 4,021,785
  • Market Cap: £13.11m
  • RiskGrade: 194
  • Beta: 0.22

Open Orphan signs deal with Empiric Logic to complete Health Data platform

By Josh White

Date: Tuesday 15 Oct 2019

LONDON (ShareCast) - (Sharecast News) - Europe-focussed rare and orphan drug consulting services platform provider Open Orphan has signed a new strategic collaboration agreement with Empiric Logic, it announced on Tuesday, to build on the earlier work it had performed, and complete the build out of its 'Health Data' platform as Europe's first rare disease, advocacy-led genomic database.
The AIM-traded firm said Empiric Logic - a managed software service company which provides software to the life sciences, pharmaceuticals, pharma services and biotechnology sectors - would incorporate its propriety, privacy preserving, and artificial intelligence-enabled software into Open Orphan's Health Data platform, to aid the collection and management capabilities of the software.

It said the collaboration was the final stage in the completion of its Genomic Health Data platform, and would speed up its launch.

The platform built on the genomic analysis, database architecture know-how and prior professional experience between the founders of Empiric Logic and Open Orphan's chief commercial officer Maurice Treacy.

"This is an exciting step towards the completion of our genomic Health Data platform, and we are delighted to have Empiric on board to help us quickly and securely become one of the largest databases of rare disease patients in Europe," said Open Orphan chief executive officer Cathal Friel.

Gareth O'Sullivan, CEO at Empiric Logic, added that his company was "delighted" to be supporting the Open Orphan team with the final steps of preparing the Genomic Health Data platform to accept its first data.

"As part of the rollout of the Open Orphan database, it will be making substantial use of our artificial intelligence capabilities, such as for identification of rare-disease genetic mutations, but also for the potential identification of patients for clinical trials going forward," O'Sullivan explained.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Open Orphan Market Data

Currency UK Pounds
Share Price 5.15p
Change Today -0.63p
% Change -10.82 %
52 Week High 8.00
52 Week Low 1.55
Volume 4,021,785
Shares Issued 254.57m
Market Cap £13.11m
Beta 0.22
RiskGrade 194

Open Orphan Star Ratings

Compare performance with the sector and the market.
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Key: vs Market vs Sector
Value Not Available
Price Trend
55.56% above the market average55.56% above the market average55.56% above the market average55.56% above the market average55.56% above the market average
43.59% above the sector average43.59% above the sector average43.59% above the sector average43.59% above the sector average43.59% above the sector average
Income Not Available
Growth
39.04% below the market average39.04% below the market average39.04% below the market average39.04% below the market average39.04% below the market average
47.06% below the sector average47.06% below the sector average47.06% below the sector average47.06% below the sector average47.06% below the sector average

Open Orphan Dividends

No dividends found

Trades for 09-Dec-2019

Time Volume / Share Price
16:33 200,000 @ 5.12p
16:30 100,000 @ 5.20p
16:19 9,682 @ 5.12p
16:10 75,000 @ 5.13p
15:55 38,791 @ 5.13p

Open Orphan Key Personnel

COO Christian Bernard Milla
CEO Cathal Friel

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