UK's Oxford Nanopore highest since January 2024 on higher HY rev expectations

Oxford Nanopore Technologies

21/07/2025 09:17

** Shares of Oxford Nanopore Technologies ONT.L up 20.3% at 176.5p

** Stock highest since January 2024

** Biotech group expects to report HY rev of about 105 mln pounds ($141.12 mln), up 28% on constant currency basis

** Adds, full year guidance remains on track, across all metrics

** ONT says, group remains well capitalised with about 337 mln pounds in cash, cash equivalents and other liquid investments as at June 30

** As of last close, stock up ~13.8% YTD

($1 = 0.7440 pounds)

 (Reporting by Ankita Bora in Bengaluru)

 ((Ankita.Bora@thomsonreuters.com))