Follow-on Contract with UK Biotech Client
Physiomics awarded follow-on contract valued at approximately £38,000 from UK biotech client.
- Contract value approximately £38,000
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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 the award of a second contract by a UK-based biotech client at the forefront of AI-driven drug development. This follows the successful completion of a previous project with the same client, which was announced in June 2024 and fell into the Company's Modelling and Simulation division.
Under the new contract, Physiomics will update a model previously developed for the client, incorporating clinical data from their ongoing Phase 1 study. The updated model will be used to support critical decisions regarding future clinical dosing strategy. The project will leverage Physiomics' proprietary Virtual Tumour™ platform and is expected to be completed over the next two months. The project is valued at approximately £38,000.
Dr Peter Sargent, CEO of Physiomics, commented:
"We're delighted to be working again with this valued client and to continue supporting the development of their oncology programme. This follow-on project provides a strong opportunity for our Virtual Tumour platform to help guide important clinical decisions and demonstrates the growing impact of model-informed approaches in dose optimisation decisions."
For more information about Physiomics and its services, please visit www.physiomics.co.uk.
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