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An update from Ovoca Gold ( (GB:OVB) ) is now available.
Ovoca Bio plc has published its 2024 Annual Report, highlighting a strategic shift following unsuccessful clinical trials of its proprietary peptide, Orenetide. The company has written down its intellectual property value to zero and is winding down its pharmaceutical operations, including divesting subsidiaries and reducing staff. The CEO, who acquired a significant stake in 2024, is leading the company towards new business ventures, promising exciting developments ahead.
More about Ovoca Gold
Ovoca Bio plc is a company that has been involved in the pharmaceutical industry, focusing on the development of proprietary peptides. The company has recently shifted its focus away from the pharmaceutical sector due to unsuccessful clinical trials and is now exploring new business opportunities.
Average Trading Volume: 119,375
Technical Sentiment Signal: Strong Sell
Current Market Cap: £938K
Learn more about OVB stock on TipRanks’ Stock Analysis page.