RCS - Physiomics PLC - Contract award

PhysiomicsAnnouncement

02/03/2022 07:00

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RNS Number : 2923D  Physiomics PLC  02 March 2022

2 March 2022

 

Physiomics plc

("Physiomics") or ("the Company")

 

Contract award

 

Physiomics plc (AIM: PYC), the consultancy using mathematical models to
support the development of drug treatment regimens and personalised medicine
solutions, is pleased to announce that it has been awarded a contract by new
client, Ankyra Therapeutics ("Ankyra"). Ankyra is a Boston-based biotech
focused on improving both the safety and efficacy of cancer treatment by using
their proprietary anchored immunotherapy platform. Ankyra recently announced a
successful US$45 million Series B funding round to finance its lead molecule,
ANK-101, through Phase 1 clinical trials and has an emerging pipeline of
additional immunotherapy-based programs.  Physiomics will be supporting
Ankyra with modelling and simulation of ANK-101 in immune-oncology settings in
support of its early development.

 

Physiomics CEO, Dr Jim Millen, commented: "We are delighted to have been
selected by Ankyra Therapeutics as its partner for this modelling and
simulation project focused on exciting new molecule ANK-101 and look forward
to working with its talented team."

 

 

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 (AIM: PYC) is an oncology consultancy using mathematical models
to support the development of cancer treatment regimens and personalised
medicine solutions. The Company's Virtual Tumour™ technology uses computer
modelling to predict the effects of cancer drugs and treatments to improve the
success rate of drug discovery and development projects while reducing time
and cost. The predictive capability of Physiomics' technologies have been
confirmed by over 90 projects, involving over 40 targets and 70 drugs, and has
worked with clients such as Merck KGaA, Astellas, Merck & Co and Bicycle
Therapeutics.

 

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