George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Pyc announced contract with Sheffield Uni etc in February, BBC announced following.
More than £2.5m will be ploughed into new research into blood cancer in Sheffield, it has been announced.
The University of Sheffield was given the funding to look into dormant cancer cells and develop new treatments for myeloma, a type of blood cancer.
https://x.com/physiomics/status/1780186840005259327?s=61&t=0G9XeE3tHfuoBf1VEsPycQ
Still maximum buy of 200,000 shares (£2500)
Been like this for 5 + days now ?
Clear to see that the "traders" like Hopist didn't last long
77k and 96k sells today were bought on Friday
Glad they're out to be honest...
Debull
There has been low interest cross WHOLE of AIM last 18mths not just PYC
Also all PYC can do is keep on increasing client base and revenues..which they are doing..Peter looks like the person to drive this even further
You would have thought so Laura?
However, the lowly SP and near lack of interest in people buying these shares, along with only a trickle of deals, shows that either there is fierce competition within this particular market, or what PYC are offering is not (yet) needed by drug development companies or these companies are getting the data they need from other sources or in house?
PYC have said they are in the "sweet spot", yet this sweet spot has not amounted to much yet? Maybe the FDA's #ProjectOptimus can be the saviour?
Physiomics (AIM:PYC) is a computational systems biology services company applying simulations of cell behaviour to drug development to reduce the high attrition rates of clinical trials. 80-90 per cent of all clinical drug candidates fail to reach the market and estimates show that an overall ten per cent improvement in success rates could reduce the cost of one drug's development by as much as $242 million, from the current estimate of around $800 million1.
Thankyou debull
I believe it was completed sometime ago,
https://www.physiomics.co.uk/wp-content/uploads/2019/04/2017-1-11-Company-Update-2.pdf
We are talking 2015-16 timelines here?
The candidate was CCT245737, which was renamed PNT737, then licensed out to Sierra by which time it was SRA737 https://www.edisongroup.com/research/sierra-oncology-returns-rights-to-sra737/31442/ Sierra bought out by GSK and then SRA737 rights were returned to SAR after GSK's purchase of Sierra. Or something along those lines!
What it does show is that PYC have been on this "Personal medicine" train for nearly a decade.
the original link was when i was looking at an article on immunology on the sar discussion group.
as an aside, i think trench123 said we still have an agreement with sar (or had that now completed?)
https://www.fiercebiotech.com/medtech/roche-picks-prenosis-newly-cleared-sepsis-ai-tool-distribution?itm_source=p****ly-api
This may not be relevant at all but thought it was interesting regarding what Ant said about the potential value of PYC/Doseme A.I tool
The ImmunoScore AI works with electronic health records to digest 22 pieces of clinical information and assigns a patient a risk level linked to the possibility of developing sepsis complications. (JazzIRT/GettyImage)
Following last week’s de novo clearance for the artificial intelligence program, Roche has stepped up to distribute Prenosis’ sepsis risk prediction tool through its diagnostic platforms.
The startup’s ImmunoScore software will be made available to hospital labs and emergency departments through Roche’s navify Algorithm Suite. The financial details of the agreement were not disclosed.
Yeah spread is 12% atm. Went down to 9% for a while. Not much liquidity then....1 sell of £232.20, took the bid down from 1.61p down to 1.2p. Bodes well if people start buying tho'
Can’t see any ramping tbh but valid point. Spread awful has been for a while was 30% a few days ago
1.40 close above and its game on
https://invst.ly/14digm
You got to love ramping traders, all part of the fun....
Just an 18% increase in the market cap to cover the spread then you look to make a profit...
LMOL
Nicely understated eh?!
JUST HURRY UP AND BUY
As was the case yesterday and this morning the maximum availability is just £2200
Good observation Hopoist ...i like it
Just need a little bit more trading volume.....
Yes I've been reading them....thank you.
PYC starting to hire additional staff to help manage new contracts is a positive and hopefully paves the way for further expansion....
No-one who was around at the time will forget when the original "personalised medicine RNS" came out and the SP exploded!
Hello hopist
And add to the fact its one of only a few stocks that INCREASED revenues in H1 + expected to hit £900,000 income for year ended June and pipeline of contracts now worth £1.5mln (the same as the current market value !)
Also read some of Ant123 posts,PYC seem to be at cutting edge of precision medicine
Bid is currently 1.101p on HL. And a triple bottom on the chart at 1.075. Hopefully a hammer candle by close of play today, which is a strong signal. Ticking up slowly....
Finally managed to buy more , HL was not giving a quote for large periods this morning , not sure if same applies to other people
I used my name because I founded the company.
Hi Ant,
Shame you didn't get a reply. Perhaps if your wife applied in her own name and used the company website careers section you might get some joy? It seems a shame to waste the opportunity.
Brilliant Post Ant - Thank You