PYC Physiomics Plc

TIDMPYC

RNS Number : 9914K

Physiomics PLC

31 August 2023

31 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 its first contract with a new UK-based biotech client. The contract, which has a value of GBP125,000 and relates to a project in the immune-oncology field, is expected to be completed within this calendar year.

Physiomics CEO, Dr Jim Millen, commented :

"We are delighted to have been chosen by this new client to support the development of its lead asset. We look forward to working with them on this exciting project."

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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