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Business is booming at hVIVO

The fast-growing contract research organisation has upgraded guidance again and is winning bumper contracts
February 12, 2024
  • Full-year revenue up 15.5 per cent to £56mn
  • Earnings upgrades for 2023 and 2024
  • £80mn contracted order book
  • 90 per cent of 2024 sales budget contracted
  • Net cash rises 30 per cent to £37mn

Aim-traded hVIVO (HVO:29.35p), a fast-growing specialist contract research organisation (CRO), has upgraded earnings guidance yet again.

hVIVO provides early clinical development services for a broad and loyal client base of biopharma companies. It is the only CRO focused on challenge studies, providing expertise and capabilities in challenge agent manufacturing. It has a portfolio of human challenge models to test a range of infectious and respiratory disease products, and specialist drug development and clinical consultancy services.

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