UK's Oxford Nanopore falls after warning of first-half revenue miss

Oxford Nanopore Technologies

13/07/2026 08:35

** Shares of biotech firm Oxford Nanopore Technologies ONT.L fall over 20% to 95.7p; their lowest since March 2025
** Co forecast its first-half revenue to be below its expectations, hurt by weaker sales in China, disruption in the Middle East, and the timing of customer orders in the Americas.
** ONT expects HY revenue of £116.5 million ($155.90 million), up 12% in constant currency, but CEO Francis Van Parys said the growth rate was below the company's expectations
** Stock top loser on the FTSE All-Share Index .FTAS, which is up 0.1%
** YTD, the stock down about 22%
     
($1 = 0.7473 pounds)

 (Reporting by Megha Anilkumar Nair)
 ((MeghaAnilkumar.Nair@thomsonreuters.com;))