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On today's Vox Markets Podcast: Open Orphan, Wey Education, Toople and Savannah Petroleum
Cathal Friel, Executive Chairman of Open Orphan (ORPH) discusses what the £5.3m million they've raised, at a premium, will be used for.
Open Orphan is a rapidly growing European full pharmaceutical services company with a focus on orphan drug and specialist services, comprising two commercial specialist CRO services businesses (Venn and hVIVO) and a developing early stage orphan drug genomics data platform business capturing valuable genetic data from patient populations with specific diseases with designated orphan drug status and incorporating AI tools. In June 2019, Open Orphan acquired AIM-listed Venn Life Sciences Holdings plc in a reverse take-over and in January 2020 it completed the Merger with hVIVO plc. Venn, as an integrated drug development consultancy, offers CMC (chemistry, manufacturing and controls) , preclinical, phase I & II clinical trials design and execution and hVIVO, as an industry leading services provider in viral challenge studies and laboratory services, supports product development for customers developing antivirals, vaccines and respiratory therapeutics. The Merger with hVIVO created a European full pharma services company broadening the Company's customer base and with complementary specialist CRO services, widened the range of the Company's service offerings.
Jacqueline Daniell, CEO of Wey Education (WEY) talks about the new appointment of Doctor Sara de Freitas as Executive Director of Education.
Wey Education is an AIM listed holding company of an educational group providing services online worldwide. Using state of the art digital technology, Wey operates two established divisions – InterHigh, a non-selective fee paying online secondary school, established in 2005 and Academy21, B2B division serving other educational providers, schools, local authorities and other public bodies.
(Interview starts at 8 minutes 24 seconds)
Andy Hollingworth, CEO of Toople (TOOP) discusses their final results and the proposed acquisition of DMSL, a business, which acts as a BT Premier reseller in the B2B market.
Toople PLC, a company incorporated in the UK provides a range of telecoms services primarily targeted at the UK SME market. Services offered by the Group include business broadband, fibre, EFM and Ethernet data services, business mobile phones, cloud PBX and SIP Trunking and Traditional Services (calls and lines) all of which are delivered and managed through Merlin, the Group's proprietary software platform. The Group is differentiated by its focus on creating small business connectivity solutions, with robust and reliable packages that will enhance our customer's companies. In addition, our vision is based on trust and transparency, with no hidden fees within our pricing policy providing customers with a clear understanding of cost. Toople Plc has a strong and highly experienced Board and management team who are focused on growing the business both organically and by identifying earnings enhancing strategic acquisition opportunities.
(Interview starts at 20 minutes 50 seconds)
Andrew Knott, CEO of Savannah Petroleum (SAVP) covers the addition of new customer to Accugas and the significance it will make to the business.
Savannah Petroleum PLC is an AIM listed oil and gas company with exploration and production assets in Niger and Nigeria. Savannah's flagship assets include the R1/R2 and R3/R4 PSCs (which cover c.50% of the highly prospective Agadem Rift Basin ("ARB") of South East Niger) and interests in the cash flow generative Uquo and Stubb Creek oil and gas fields and an interest in the Accugas midstream business in South East Nigeria from Seven Energy.
(Interview starts at 29 minutes 54 seconds)