For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250509:nRSI9603Ha&default-theme=true
RNS Number : 9603H Physiomics PLC 09 May 2025
9 May 2025
Physiomics plc
("Physiomics" or the "Company")
Contract Award with New UK Client
Physiomics plc (AIM: PYC), a leading mathematical modelling, data science and
biostatistics company supporting the development of new therapeutics and
personalised medicine solutions, is pleased to announce a contract award with
a new UK client.
The project will involve the application of population Pharmacokinetic (PK)
modelling techniques using Phase 1 data to inform the Phase 2 study of a small
molecule designed to treat rheumatoid arthritis. The project, valued at
£67,500, is expected to complete within the next three months and will be the
Company's first rheumatoid arthritis project as well as one of the later
development stage projects delivered to date.
The Company has also put in place a Master Service Agreement with the client
to define and agree broad commercial terms in relation to envisaged further
potential projects in the future.
Dr Peter Sargent, CEO of Physiomics, commented:
"We're delighted to have been selected to support the clinical development of
this important programme. This contract award not only represents a new client
relationship - the third new client in two months - but also is a reflection
of our strategy to broaden our services into new therapeutic areas, being our
first project in rheumatoid arthritis. In addition, this project is a great
opportunity for us to demonstrate our capabilities in supporting programmes at
a more advanced stage of development and is well suited to our expertise. We
look forward to contributing meaningful insights that can help accelerate and
optimise this molecules progress through the clinic."
For more information about Physiomics and its services, please visit
www.physiomics.co.uk (http://www.physiomics.co.uk) .
Enquiries:
Physiomics plc
Dr Peter Sargent, CEO
+44 (0)1235 841575
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 expertise across Modelling & Simulation,
Biostatistics, Data Science and Bioinformatics, together with deep biology
expertise, to help biotech and pharma companies streamline their drug
development journeys. Our approach is to help derive insight from all relevant
and often disparate data in order to de-risk decision making and optimise
research design across discovery, pre-clinical and clinical studies. Through
use of cutting-edge computational tools, bespoke models and our proprietary
Virtual Tumour technology, the Physiomics team has informed the development of
over 100 commercial projects, with over 125 targets and drugs modelled.
Clients include Merck KGaA, Astellas, Bicycle Therapeutics, Numab Therapeutics
& CRUK.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END CNTGZGGKVRRGKZM