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RNS Number : 0681B Physiomics PLC 31 May 2023
31 May 2023
Physiomics plc
("Physiomics" or the "Company")
Collaboration with The University of Sheffield
Physiomics plc (AIM: PYC), a leading mathematical modelling company supporting
oncology drug development and personalised medicine solutions, is pleased to
announce that it is supporting The University of Sheffield (the "University")
with research into an insect (Drosophila melanogaster) model of cancer
treatment that could be used to screen potential new drugs prior to
pre-clinical testing in more traditional mouse models of cancer. This new
approach could provide important insights into the development of new cancer
therapies as well as potentially reduce the number of pre-clinical animals
involved in the drug development process.
Principal investigator Dr Kyra Campbell of the University is the beneficiary
of a three-year grant from the National Centre for the Replacement, Refinement
and Reduction of Animals in Research (NC3Rs), awarded in December 2021, which
has funded a significant programme of research at the University and other
institutions where her co-investigators are based.
The University successfully applied for funding under the UK Research and
Innovation (UKRI) Higher Education Innovation Funding (HEIF) scheme, part of
which will be used to retain Physiomics for a pilot project to analyse data
generated by its innovative new testing platform in order to better understand
how the platform might guide later stages of pharmaceutical research into
cancer therapies, including pre-clinical and human studies.
The project is expected to be concluded over the next two months, and a
longer-term collaboration is currently under discussion.
Physiomics CEO, Dr Jim Millen commented:
"We are delighted to have been selected by The University of Sheffield to
support this highly innovative research program with our analytical and
modelling capabilities. We look forward to working with Dr Campbell and her
colleagues and believe that both our analytical capabilities, as well as our
contacts and experience within the pharmaceutical industry, could add real
value to the initiative."
Enquiries:
Physiomics plc
Dr Jim Millen, CEO
+44 (0)1865 784 980
Hybridan LLP (Broker)
Claire Louise Noyce
+44 (0) 203 764 2341
Strand Hanson Ltd (NOMAD)
James Dance & James Bellman
+44 (0)20 7409 3494
Notes to Editor
About Physiomics
Physiomics plc combines cutting edge PKPD and QSP modelling techniques with
cancer biology expertise, to help biotech and pharma companies streamline
their drug development journeys.
Our approach is to derive insight from all relevant data in order to de-risk
decision making and optimise design of pre-clinical and clinical studies.
Through use of bespoke models and our proprietary Virtual Tumour technology,
the Physiomics team has informed the development of over 100 projects, over 50
targets and 75 drugs. Clients include Merck KGaA, Astellas, Bicycle
Therapeutics, Numab Therapeutics & CRUK.
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