Integumen Plc enters an agreement with Water Rising Institute | UK Market Update

September 30, 2020 04:00 PM AEST | By Team Kalkine Media

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Integumen Plc (LON:SKIN) has entered a 3-year agreement with Water Rising Institute for Great Lakes water contamination detection Project.

• The agreement to be executed on or before the 18 November 2020 is the first COVID19 detection pact for Detroit MI and Fresh Water in Great Lakes, USA.

• It is for the supply of $500k of consumables, equipment and services from ecowaterOS partners.

• Company’s agreement with the Non-Profit Organization in Detroit, Michigan, USA, is for the management and live supervision of water quality, starting with the Great Lakes basin area of Michigan.

• SKIN shares on 30 September 2020, at the time of writing, GMT 09:02 AM, were trading at GBX 34.25, up by 0.25 points or 0.74% against the previous day’s closing price.

Open Orphan Plc secure several RSV human challenge studies in H1 2020

Open Orphan Plc (LON:ORPH) has released its results for the six months ended 30 June 2020.

• The earnings of the company for the reported period also include the first half performance of hVIVO group, which was acquired on 17 January 2020.

• The company continued to focus on delivering larger contracts and reported revenue of £7.1 m for H1 2020.

• EBITDA loss for the reported period stood at £4.1 million, while the operating loss was of £5.0 million for H1 2020.

• The company managed to successfully secure several RSV human challenge studies during the reported period.

• ORPH shares on 30 September 2020, at the time of writing, GMT 09:01 AM, were trading at GBX 18.25, down by 0.13 points or 0.68% against the previous day’s closing price.

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