Contract Win

10 December 2024 - London, UK. IXICO plc (AIM: IXI, "IXICO" or "the Company") a global leader in neuroscience imaging, using its AI-driven platform to help advance therapy research in neurological disorders, today announces that it has signed a contract with a new US headquartered client to provide imaging services for a Phase 2 Huntington's Disease clinical trial. The contract value, to be delivered over approximately 2.5 years, is worth over £0.5 million to IXICO.

Huntington's Disease is a rare, hereditary neurodegenerative disorder that leads to the progressive breakdown of nerve cells in the brain, affecting motor skills, cognitive function, mood, and emotional well-being.

The contract award reinforces IXICO's sustained positive commercial momentum, as highlighted in the Company's FY24 Final Results, and aligns with its strategic pillars of 'Innovate, Lead, Scale' to drive expansion and growth. Throughout 2024, IXICO has also secured additional clinical trial contracts across key therapeutic areas, including Huntington's Disease, Parkinsonian Disorders, and Alzheimer's Disease.

Bram Goorden, CEO of IXICO, commented: "We are delighted to announce our involvement in this Phase 2 clinical trial, which aims to address the urgent need for effective treatments for Huntington's disease. This contract further demonstrates IXICO's expertise in supporting neurodegenerative disease trials, reinforcing our role as a trusted partner for sponsors. Through this work we are proud to continue our support of the Huntington's Disease community, in collaboration with our sponsor, working towards a breakthrough in this challenging field."