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Oxford Biodynamics could triple its revenue

Oxford Biodynamics could triple its revenue

Oxford Biodynamics' (OBD) shares have moved sideways since mid-2018, trading roughly a quarter short of the 279p peak seen in October 2017. The stock didn’t react strongly to these final numbers either, even though demand for the group’s proprietary biotechnology platform, EpiSwitch, kept annual revenues flat, while a recent £9.8m investment from GL Capital has bolstered the cash coffers to £18m (FY2017: £10.8m).

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