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817 Widening losses delay break-even for Oxford Nanopore

UK Tech News
Oscar Hornstein @ UK Tech News · 03/07/2024 05:54 EDT

Widening losses delay break-even for Oxford Nanopore

Losses widened last year at London-listed biotech company Oxford Nanopore Technologies despite growing revenue for its life science research tools. Oxford Nanopore posted losses of £154.5m for 2023, around 70% more than in 2022, prompting it to delay its forecast for breaking even to the end of 2027. Shares in the University of Oxford spinout, ...

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