BUZZ-UK's Oxford Nanopore gains as CEO reportedly flags takeover exposure

Reuters

2025/03/21

** Biotech group Oxford Nanopore Technologies ONT.L up as much as 5.7% at 115.9p

** Gene sequencing specialist is now "exposed" to acquisition, CEO and co-founder Gordon Sanghera told FT

** ONT's shares have lost 85% since its peak in 2021

** "Bankers have said it could be attractive to one of the big diagnostics specialists, such as Thermo Fisher Scientific TMO.N or Danaher DHR.N," FT report adds

** As of last close, stock down ~15% this year

(Reporting by Radhika Anilkumar in Bengaluru)

((Radhika.Anilkumar@thomsonreuters.com;))

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