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Pin to quick picksPhysiomics Share News (PYC)

Share Price Information for Physiomics (PYC)

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Share Price: 1.30
Bid: 1.20
Ask: 1.40
Change: 0.00 (0.00%)
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Physiomics raises £555,000 after shelving BioMoti acquisition

Wed, 21st Sep 2016 10:43

(ShareCast News) - AIM listed Physiomics has called off its BioMoti acquisition after investors instead backed plans to develop its modelling and simulation business with a £555,000 discounted fundraising.Physiomics, which develops software to help drug companies predict and understand cancer drug efficacy from pre-clinical research through to clinical development, has placed 2.22m shares at a price 0.025p per share through broker Hybridian.The new shares will begin trading on AIM on 28 September and increase its total number of shares to over 5.7m, plus another 2.4m deferred shares that are not quoted and have no voting rights.Proceeds of the funds raised will be used to accelerate business development for its modelling and simulation business, in particular the clinical version of its 'virtual tumour' technology, which enables predictions to be made on the outcome of human trials based on pre-clinical and other data.The Oxford-based company said it decided not to buy BioMoti, which had been announced in March, as shareholders were more supportive of the company focusing on growing revenues and becoming profitable in the modelling and simulation business, although it remains open to other acquisitions in the future.Shares in Physiomics were down 16.92% to 0.0270p at 1038 BST.
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21 Jun 2018 09:17

Physiomics Expects Annual Loss To Be "Materially Reduced"

LONDON (Alliance News) - Physiomics PLC said Thursday it is trading "ahead of market expectations" for its financial year to the end of June.The company, which provides technology

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23 May 2018 12:44

Physiomics Raises GBP525,000 Via Placing For Expansion (ALLISS)

LONDON (Alliance News) - Physiomics PLC on Wednesday said that it raised GBP525,000 through share placing to grow the business and expand its client base.The biotechnology company issued at

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14 Mar 2018 12:42

Physiomics Awarded New GBP68,000 Innovate UK Grant For Cancer Project

LONDON (Alliance News) - Physiomics PLC said Wednesday it has been awarded a new Innovate UK Grant worth GBP68,000 for a prostate cancer -

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12 Mar 2018 11:34

Physiomics Successfully Completes Innovate UK Grant Project

LONDON (Alliance News) - Physiomics PLC said Monday it has successfully completed the Innovate UK grant cancer treatment project, receiving in funding the

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11 Jan 2017 14:22

Physiomics makes 'good progress' towards objectives

(ShareCast News) - Physiomics announced on Wednesday that it is making good progress towards the strategic objectives announced in its most recent full year results, posted on 27 October 2016. The AIM-traded firm announced an initial payment by Sareum on 5 December, for modelling carried out by the

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6 Jan 2017 12:28

Physiomics receives Innovate UK grant for cancer treatment project

(ShareCast News) - Systems biology company Physiomics confirmed on Friday that is has been awarded the Innovate UK grant as part of its Biomedical Catalyst 2016 Feasibility Study Competition that was the subject of a provisional announcement on 22 November. The AIM-traded firm said the proposed proj

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22 Nov 2016 10:57

Physiomics Provisionally Awarded Innovate UK Grant

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27 Oct 2016 14:15

Physiomics Annual Loss Widens After Incurring Additional Costs

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16 May 2016 07:26

Physiomics Signs Two Extensions On Virtual Tumour Project

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3 May 2016 07:39

Physiomics Appoints Andrew Clayden As Part-Time Head Of Finance

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18 Apr 2016 13:41

James Millen takes the helm at Physiomics

(ShareCast News) - Physiomics had a new man at the helm on Monday, confirming Dr James Millen was taking the reins as CEO with immediate effect. The AIM-traded company said Millen, known as Jim, brought experience of drug development and licensing deals in global pharmaceutical companies with him.

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18 Apr 2016 08:51

Physiomics Names James Millen As Chief Executive

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4 Apr 2016 11:24

Physiomics Inks Further Contract With Speciality Pharma Customer

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31 Mar 2016 10:11

Physiomics To Buy BioMoti And Raise Funds As CEO Steps Down (ALLISS)

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