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Pin to quick picksIxico Share News (IXI)

Share Price Information for Ixico (IXI)

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Share Price: 7.375
Bid: 7.25
Ask: 7.50
Change: 0.00 (0.00%)
Spread: 0.25 (3.448%)
Open: 7.375
High: 7.375
Low: 7.375
Prev. Close: 7.375
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Ixico's income falls slightly but has a number of contracts in the pipeline

Fri, 21st Oct 2016 10:15

(ShareCast News) - AIM-listed Ixico's income for the year fell, but the brain health company has a number of contracts with pharmaceuticals in the pipeline and a "strong" balance sheet.In trading update for the year ended 30 September, the company reported revenues of £3.1m and other income of £700,000, both unchanged from the previous year. Income totalled £3.8m, a 9.5% decrease.The company said the stable revenues reflected the start-up of seven new clinical trials including five Alzheimer's disease studies, one in progressive supranuclear palsy and a first contract in Parkinson's disease with pharmaceutical Oxford Biomedica.Project start-up activities included the $7m long-term contract with a leading pharmaceutical announced in August 2015.As these projects ramp-up they will make a material contribution to revenue from the current financial year onwards.Revenues in the year were also attributed to a change in the sales mix including a contribution by Biogen, a US biotechnology company, towards the development of Assessa PML, a product from the company's Assessa digital platform, which helps the early detection of progressive multifocal leukoencephalopathy, a side effect of certain drug treatments for Multiple Sclerosis.Net cash at the end of September was £3.1m, including £2.7m from an equity placing in November 2015, and was a small decrease from the net cash of £3.2m at the end of March. Cash inflows for the second half included grant reimbursement and research and development tax credits.On Thursday the company announced it had signed a $1.2m contract with a new global pharmaceutical customer for advanced imaging clinical trial services in progressive supranuclear palsy.Shares in Ixico were down 2.14% to 27.40p at 0944 BST.
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15 Apr 2024 14:25

Ixico inks supply agreement with Life Molecular Imaging for Neuraceq

(Alliance News) - Ixico PLC on Monday said it has signed a supply agreement with Life Molecular Imaging GmbH, in a deal the company says will complement its "well-established PET imaging services and image data analytics".

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15 Apr 2024 09:31

Ixico inks supply agreement with LMI

(Sharecast News) - Analytics company Ixico has inked a supply agreement with Life Molecular Imaging that will see it supply that latter's Neuraceq Amyloid PET tracer for use in pharma-sponsored clinical trials.

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3 Apr 2024 12:08

IN BRIEF: Ixico inks collaboration with IMEKA Solutions

Ixico PLC - neuroscience focused advanced analytics company - Collaborates with IMEKA Solutions Inc, to provide access to Imeka's suite of services for white matter imaging deployed in Alzheimer's disease and multiple sclerosis clinical trials, amongst other CNS indications. Says Imeka's diffusion MRI algorithms will be made available to Ixico's global biopharma clients.

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13 Mar 2024 12:39

Ixico shares fall 20% as revenue to decline, hit by delays to projects

(Alliance News) - Ixico PLC shares dropped sharply on Wednesday, after it said delays to projects will result in lower annual revenue.

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13 Mar 2024 12:25

Ixico warns on 2024 revenue amid contract delays

(Sharecast News) - Medical imaging analytics company Ixico said in a trading update on Wednesday that, despite ongoing progress in expanding its opportunities pipeline, the first half of 2024 had been marked by extended contracting cycles and delays in securing certain new contracts.

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13 Mar 2024 11:12

AIM WINNERS & LOSERS: Woodbois rises as plots Mozambique exit

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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13 Mar 2024 08:51

LONDON MARKET OPEN: FTSE 100 slips but CAC and DAX hit record highs

(Alliance News) - European equities kicked off Wednesday largely on the front foot, picking up the baton after US stocks resumed an "inexorable march" on Tuesday, after shaking off a hot US inflation reading.

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18 Jan 2024 16:29

UK shareholder meetings calendar - next 7 days

Friday 19 January 
Cardiff Property PLCAGM
Character Group PLCAGM
Focusrite PLCAGM
Substrate Artificial Inteligence SAGM re investment agreement and issue of equity
Monday 22 January 
Highcroft Investments PLCGM re de-listing from LSE and relisting on TISE
Smart Metering Systems PLCGM & court meeting re takeover by funds advised by KKR
Tuesday 23 January 
C4X Discovery Holdings PLCAGM
Marston's PLCAGM
Mitchells & Butlers PLCAGM
Wednesday 24 January 
Henderson Far East Income LtdAGM
Lowland Investment Co PLCAGM
Tracsis PLCAGM
Thursday 25 January 
Alteration Earth PLCAGM
Britvic PLCAGM
Greencore Group PLCAGM
Henderson European Focus Trust PLCAGM
Ixico PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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12 Jan 2024 15:51

Ixico CEO to step down by end of year

(Sharecast News) - Medical imaging analytics company Ixico announced on Friday that its chief executive officer Giulio Cerroni planned to retire from his position, and as a director, by the end of 2024.

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12 Jan 2024 10:16

Ixico CEO Cerroni to retire by end of 2024; starts succession search

(Alliance News) - Ixico PLC on Friday said that Chief Executive Officer Giulio Cerroni will retire from his role by the end of 2024.

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5 Dec 2023 14:31

EARNINGS AND TRADING: Ixico revenue falls, Solid State boosts profit

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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29 Sep 2023 14:19

EARNINGS AND TRADING: Barkby revenue dips; Ixico hurt by trial delays

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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29 Sep 2023 13:08

Ixico full-year earnings could slightly exceed forecasts

(Sharecast News) - Advanced medical imaging analytics specialist Ixico said in an update on Friday that its earnings for the financial year would either meet or exceed market predictions, even though it faced a minor revenue shortfall.

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18 Jul 2023 16:55

TRADING UPDATES: Andrada raises GBP7.7 million; Ixico signs contract

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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14 Jun 2023 14:17

Ixico awarded new £2m, four-year contract

(Sharecast News) - Medical imaging and analytics specialist Ixico has been awarded a new contract by an existing client, it announced on Wednesday, to provide imaging services for the extension study of their phase 2b trial for Huntington's disease (HD).

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