Physiomics PLC Contract award
02 Março 2022 - 4:01AM
RNS Non-Regulatory
TIDMPYC
Physiomics PLC
02 March 2022
2 March 2022
Physiomics plc
("Physiomics") or ("the Company")
Contract award
Physiomics plc (AIM: PYC), the consultancy using mathematical
models to support the development of drug treatment regimens and
personalised medicine solutions, is pleased to announce that it has
been awarded a contract by new client, Ankyra Therapeutics
("Ankyra"). Ankyra is a Boston-based biotech focused on improving
both the safety and efficacy of cancer treatment by using their
proprietary anchored immunotherapy platform. Ankyra recently
announced a successful US$45 million Series B funding round to
finance its lead molecule, ANK-101, through Phase 1 clinical trials
and has an emerging pipeline of additional immunotherapy-based
programs. Physiomics will be supporting Ankyra with modelling and
simulation of ANK-101 in immune-oncology settings in support of its
early development.
Physiomics CEO, Dr Jim Millen, commented : "We are delighted to
have been selected by Ankyra Therapeutics as its partner for this
modelling and simulation project focused on exciting new molecule
ANK-101 and look forward to working with its 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 (AIM: PYC) is an oncology consultancy using
mathematical models to support the development of cancer treatment
regimens and personalised medicine solutions. The Company's Virtual
Tumour(TM) technology uses computer modelling to predict the
effects of cancer drugs and treatments to improve the success rate
of drug discovery and development projects while reducing time and
cost. The predictive capability of Physiomics' technologies have
been confirmed by over 90 projects, involving over 40 targets and
70 drugs, and has worked with clients such as Merck KGaA, Astellas,
Merck & Co and Bicycle Therapeutics.
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END
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March 02, 2022 02:01 ET (07:01 GMT)
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