Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksIxico Regulatory News (IXI)

Share Price Information for Ixico (IXI)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 8.375
Bid: 8.25
Ask: 8.50
Change: -0.275 (-3.18%)
Spread: 0.25 (3.03%)
Open: 8.375
High: 8.375
Low: 8.10
Prev. Close: 8.65
IXI Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EUR1m funding as a partner in major EU consortium

10 Oct 2016 07:00

RNS Number : 0744M
IXICO plc
10 October 2016
 

10 October 2016

 

IXICO plc

("IXICO" or the "Company")

 

IXICO to receive €1m funding as a partner in a major EU public-private consortium

 

Potential for long-term revenue opportunities through developing novel diagnostic and disease management technologies for Alzheimer's Disease

 

IXICO, the brain health company, today announces its participation in the Innovative Medicines Initiative focused on Amyloid Imaging to Prevent Alzheimers Disease (AMYPAD). This innovative collaboration between leading academic, healthcare and pharmaceutical partners, including GE Healthcare, Piramal Imaging and Janssen Pharmaceutica JPNV, will investigate the use of amyloid brain scans to improve the diagnosis and management of Alzheimer's Disease (AD).

 

IXICO's TrialTracker® and Assessa® technology platforms will be deployed at the heart of this five year project to evaluate and enhance the way that amyloid PET scans can be used to support the development of new therapies for the treatment of patients with AD. Amyloid PET can image the β-amyloid molecules in the brain that are associated with AD and which accumulate in the brain long before serious symptoms appear. Through understanding β-amyloid, AMYPAD aims to improve the diagnosis and management of the disease, understand the natural history in pre-symptomatic stage and select people for treatment or trials aimed at preventing AD.

 

The Company will receive €1 million over the life of the project, for the use of TrialTracker® and Assessa® technology platforms, covering the cost of the Company's participation.

 

Derek Hill, CEO of IXICO, said: "IXICO is proud to be participating in this important initiative. Our involvement in the AMYPAD project demonstrates not only our continued success in deploying our key technology platforms across major neurodegenerative disease indications, including our collaboration with Biogen and clinical centres in multiple sclerosis, but also our longstanding reputation and experience in Alzheimer's Disease. AD has a significant impact on peoples' lives and we believe that with the help of IXICO's expertise, AMYPAD may pave the way to improve the prevention, diagnosis and treatment of people living with this disease."

 

Dr Gill Farrar, AMYPAD Project leader and Scientific Director at GE Healthcare Life Sciences, commented: "AMYPAD will apply amyloid PET on an unprecedented scale to patients who are suspected to be in the early stages of AD and generate the knowledge to fully integrate PET β-amyloid markers into current clinical practice in a cost-efficient way, by demonstrating its diagnostic, prognostic and therapeutic value from a multi-stakeholder perspective."

 

AMYPAD will utilise the European-wide register of 24,000 patients created by the European Prevention of Alzheimer's Dementia Initiative (EPAD), of which IXICO is also a partner. IXICO's TrialTracker® platform will collect and manage 6,000 Amyloid PET scans acquired at clinical centres across Europe and Assessa® will be used to analyse PET data, combined with other data captured from patients, to help identify those people who could benefit from enrolment in clinical trials aimed at preventing AD.

 

 

 

 

For further information please contact:

IXICO plc

Derek Hill, Chief Executive Officer

Susan Lowther, Chief Financial Officer

 

Tel: +44 20 3763 7499

Shore Capital (Nomad and Broker)

Bidhi Bhoma / Edward Mansfield

Tel: +44 20 7408 4090

FTI Consulting Limited (Investor Relations)

Simon Conway/Mo Noonan/Matthew Moss

Tel: +44 20 3727 1000

 

 

About IXICO

IXICO's innovative and proprietary digital healthcare technologies help those involved in researching and treating serious diseases to capture and analyse clinical data to make rapid, informed decisions. In clinical research this includes the phenotyping of patients, quantification of disease pathology and measurement of patient outcomes. In clinical practice the mobile health and digital decision support technologies aid diagnosis, patient engagement and monitoring. IXICO is also collaborating with partners to develop companion digital health products targeted at improving patient outcomes.

 

The Company's brain health focus includes Alzheimer's disease, Huntington's disease, multiple sclerosis, Parkinson's disease, behavioural health, child and adolescent mental health.

More information is available on www.ixico.com

 

About AMYPAD

AMYPAD is a novel research initiative between academic and private research partners to investigate the value of β-amyloid using positron emission tomography (PET) imaging as a diagnostic and therapeutic marker for Alzheimer's dementia. AMYPAD is mainly sponsored by the European Union's Horizon 2020 research and innovation programme and the European pharmaceutical industry (via EFPIA) under the Innovative Medicines Initiative.

 

About the EPAD Platform/Register

The EPAD platform will draw European participants, whose records are already part of existing national/regional cohort or register studies, into an EPAD register of approximately 24,000 people. From this group, 6,000 people will be asked to join a pan-European EPAD Cohort for consistent, longitudinal follow-up, and approximately 1,500 of them will eventually be invited to enter the EPAD Proof of Concept Trial. This approach aims to ensure EPAD has access to an at-risk population showing biomarker evidence of Alzheimer's disease prior to the development of dementia.

 

About the Innovative Medicines Initiative

The Innovative Medicines Initiative (IMI) is Europe's largest public-private initiative aiming to speed up the development of better and safer medicines for patients. IMI supports collaborative research projects and builds networks of industrial and academic experts in order to boost pharmaceutical innovation in Europe. IMI is a joint undertaking between the European Union and the European Federation of Pharmaceutical Industries and Associations, EFPIA.

More information can be found at www.imi.europa.eu

 

Acknowledgement

The research leading to these results has received support from the Innovative Medicines Initiative Joint Undertaking, resources of which are composed of financial contribution from the European Union's Seventh Framework Programme (FP7/2007-2013) and EFPIA companies' in kind contribution.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUGGUGUUPQGCB
Date   Source Headline
13th Mar 20247:00 amRNSTrading Update
29th Jan 202412:00 pmRNSHolding(s) in Company
25th Jan 20244:00 pmRNSResult of AGM
12th Jan 20249:35 amRNSDirectorate Change
27th Dec 20237:00 amRNSUpdate regarding Nominated Adviser and Broker
15th Dec 20237:00 amRNSChange of Auditor
5th Dec 20237:00 amRNSFinancial Results for year ended 30 September 2023
27th Nov 20237:00 amRNSNotice of Results and Investor Presentation
5th Oct 20237:00 amRNSAppointment of Independent Non-Executive Director
29th Sep 20237:00 amRNSTrading Update
18th Jul 20237:00 amRNSContract Win
14th Jun 20237:00 amRNSContract Win
23rd May 20237:00 amRNSHalf year report
16th May 20237:00 amRNSInvestor Meet Company presentation
10th May 20237:00 amRNSTrading Update
3rd Apr 20238:35 amRNSExtension of Huntington's disease consortium
21st Mar 202312:11 pmRNSHolding(s) in Company
10th Mar 20237:00 amRNSContract Win
7th Feb 20237:00 amRNSTrading Update
31st Jan 20234:35 pmRNSPrice Monitoring Extension
31st Jan 20232:05 pmRNSSecond Price Monitoring Extn
31st Jan 20232:00 pmRNSPrice Monitoring Extension
31st Jan 202311:05 amRNSSecond Price Monitoring Extn
31st Jan 202311:00 amRNSPrice Monitoring Extension
27th Jan 20231:00 pmRNSResult of AGM
3rd Jan 20237:00 amRNSTotal Voting Rights
22nd Dec 202212:18 pmRNSDirector Bed & ISA Dealing
13th Dec 20227:00 amRNSPDMR Exercise of Options
9th Dec 20229:05 amRNSContract Win
8th Dec 20223:34 pmRNSContract Update
7th Dec 20227:00 amRNSFinancial Results for the year ended 30 Sept 2022
21st Nov 20227:00 amRNSNotice of Results and Investor Presentation
25th Oct 20227:00 amRNSTrading Update
21st Sep 202210:35 amRNSHD-IH Consortium
14th Sep 20227:00 amRNSGrant of Share Options
1st Sep 20227:00 amRNSTrading Update and FY2023 Guidance
4th Aug 20227:00 amRNSContract Win
26th Jul 202211:22 amRNSContract Win - Replacement
21st Jul 20227:00 amRNSContract Win
14th Jun 20227:00 amRNSContract Extension
24th May 20227:00 amRNSHalf-year Report and Trading Update
16th May 20227:00 amRNSInvestor Presentation
10th May 20227:00 amRNSConsortium Agreement in Huntington's Disease
25th Apr 20227:00 amRNSTrading Update
21st Apr 20227:00 amRNSNew Contract Win
8th Mar 20227:00 amRNSContract worth circa £800k
14th Feb 20227:00 amRNSLaunch of IXIQ.Ai Deep learning AI-based platform
8th Feb 202212:30 pmRNSHolding(s) in Company
8th Feb 20227:00 amRNSContract award worth circa £1.0m
31st Jan 20227:00 amRNSAppointment of Senior Therapeutic Advisor

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.