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RNS Number : 2825I Physiomics PLC 04 August 2023
4 August 2023
Physiomics plc
("Physiomics") or ("the Company")
Contract award
Physiomics plc (AIM: PYC), a leading mathematical modelling company,
supporting development of oncology drugs and personalised medicine solutions,
is pleased to announce that it has been awarded a further contract by existing
client Bicycle Therapeutics ("Bicycle") that it expects to be completed over
the next six months. The project involves modelling and the use of
bioinformatics data in support of target identification for undisclosed
Bicycle programs.
Physiomics CEO, Dr Jim Millen, commented: "We are delighted that, having
worked on a number of clinical stage projects with Bicycle, we are now
complementing these with a substantial project focused on earlier stage drug
development. We look forward to working once again with Bicycle's 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 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 40 targets and 70 drugs. Clients
include Merck KGaA, Astellas, Bicycle Therapeutics, Numab Therapeutics &
CRUK.
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