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Contract Win

14 Aug 2024 07:00

RNS Number : 3337A
IXICO plc
14 August 2024
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK version of the EU Market Abuse Regulation 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

 

14 August 2024

IXICO plc

("IXICO" or the "Company")

 

Long term contract win for a study in Huntington's Disease

 

IXICO plc (AIM: IXI), the precision analytics company delivering intelligent insights in neuroscience, is pleased to announce that it has been contracted by a US based pharma client to provide its imaging biomarker services for a Phase 1/2 clinical trial for patients with Huntington's Disease (HD). The trial is expected to run for up to ten years and contribute close to £2m to the Company's order book.

 

Giulio Cerroni, Chief Executive Officer of IXICO, commented:

"IXICO's expertise in providing advanced imaging biomarkers and radiological reads for HD is widely recognised. We are delighted to be awarded this new contract and look forward to support our client's efforts in this important HD development programme."

 

 

For further information please contact:

 

IXICO plc

+44 (0) 20 3763 7499

Giulio Cerroni, Chief Executive Officer

Grant Nash, Chief Financial Officer

 

 

Cavendish Capital Markets Limited (Nominated Adviser and

Sole Broker)

+44 (0) 20 7220 0500

Giles Balleny / Dan Hodkinson (Corporate Finance)

Nigel Birks/Harriet Ward (Corporate Broking)

Michael F Johnson / Tamar Cranford Smith (Sales)

 

 

About IXICO

IXICO is dedicated to delivering insights in neuroscience to help transform the advancement of investigational therapies for neurological diseases, such as Huntington's disease, Parkinson's disease and Alzheimer's disease. The Company's purpose is to advance medicine and human health by turning data into clinically meaningful information, providing valuable new insights in neuroscience by supporting pharmaceutical companies across all phases of CNS clinical research. IXICO's goal is to be a leading advocate of artificial intelligence in medical image analysis.

 

IXICO has developed and deployed breakthrough data analytics, at scale, through its remote access technology platform, to improve the return on investment in drug development and reduce risk and uncertainty in clinical trials for the Company's pharmaceutical clients.

 

More information is available on www.IXICO.com and follow us on Twitter @IXICOnews

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