Specialist pharmaceutical company Open Orphan said its subsidiary Venn Life Sciences has agreed a contract renewal deal with a major global pharmaceutical client worth £1.5m over two years.
The renewed contract will start in January 2022.
The Venn team, based in Breda in the Netherlands, will provide dedicated clinical pharmacokinetics support to the company on several drug development programmes, to study the absorption, distribution, metabolism and excretion of drugs within the body.
Open Orphan (LON:ORPH) was founded in 2017, with the goal of rapidly building Europe’s leading pharma services company by a management team with extensive industry and financial expertise. The company comprises of two commercial specialist CRO services businesses (Venn Life Sciences and hVIVO) and is also developing a genomics data platform business (Genomic Health Data).