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LONDON (Alliance News) - Physiomics PLC Monday said it has signed a contract with a new speciality pharmaceuticals customer to investigate how one of the client's new candidate drugs shrinks tumours.
Physiomics scientists will use systems biology approaches to map the possible pathways by which the drug could act, it said in a statement without giving any financial details. The analysis will be used to narrow down possible mechanisms and suggest new experiments that the client can perform to home in on one mechanism.
"If successful, the directors hope that Physiomics will be able to offer its other modelling services to this new client as the project progresses," the company said in a statement.
Physiomics shares were up 31.6% at 0.25 pence early Monday, the biggest gainer on AIM.
By Steve McGrath; stevemcgrath@alliancenews.com; @SteveMcGrath1
Copyright 2013 Alliance News Limited. All Rights Reserved.
Latest PYC News
- TRADING UPDATES: Galantas Gold closes placement; Kropz makes draw down
28 Mar 2023 - IN BRIEF: Physiomics wins further contract from Bicycle Therapeutics
10 Mar 2023 - Physiomics wins further contract with Bicycle Therapeutics
10 Mar 2023 - Physiomics confident despite weaker first half
7 Mar 2023 - EARNINGS SUMMARY: Foxtons profit doubles; Reach yearly profit dips
7 Mar 2023 - Physiomics COO Chassagnole changes title to chief scientific officer
13 Jan 2023 - Physiomics announces another contract with client Cancer Research UK
11 Jan 2023 - AIM WINNERS & LOSERS: musicMagpie flies; video game shares fall
9 Jan 2023
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Physiomics wins further contract with Bicycle Therapeutics
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(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
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(Alliance News) - Physiomics PLC on Friday said Christophe Chassagnole's job title has changed from chief operating officer to chief scientific office...
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AIM WINNERS & LOSERS: musicMagpie flies; video game shares fall
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
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