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Share Price: 7.00
Bid: 6.75
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IXICO Awarded Development Contract By NHS England Initiative

Wed, 16th Apr 2014 09:54

LONDON (Alliance News) - IXICO PLC Wednesday said it has been awarded a development contract by The Small Business Research Initiative for Healthcare, an NHS England initiative, to cover phase 1 funding for the development of an online application designed to support dementia sufferers after they are diagnosed.

In a statement, the brain health company said it will lead the project in partnership with the Health Innovation Network South London, and will build on Assessa, IXICO's digital healthcare platform to support dementia diagnosis, to address post-diagnostic care planning and support.

The project's aim is to harness web and mobile technologies to provide ongoing support and to assist those living with dementia as well as their families, carers and healthcare professionals.

"We are delighted to receive this support from SBRI Healthcare which will help us to extend the potential patient benefit of Assessa? following diagnosis and is central to the widening of our digital healthcare offering. We look forward to working with the Health Innovation Network to improve the care of dementia sufferers," Chief Executive Derek Hill said in a statement.

IXICO shares were Wednesday quoted at 70.00 pence, up 0.7%.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright © 2014 Alliance News Limited. All Rights Reserved.

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