Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the 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: 7.625
Bid: 7.50
Ask: 7.75
Change: -0.50 (-6.15%)
Spread: 0.25 (3.333%)
Open: 8.125
High: 8.125
Low: 7.625
Prev. Close: 8.125
IXI Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Launch of IXIQ.Ai Deep learning AI-based platform

14 Feb 2022 07:00

RNS Number : 4972B
IXICO plc
14 February 2022
 

IXICO plc

("IXICO" or the "Company")

 

Launch of IXIQ.Ai Deep learning AI-based platform

 

The next generation of IXICO's novel AI platform with proven benefits, providing more sensitivity, accuracy and flexibility in CNS trials

 

IXICO plc (AIM: IXI), the medical imaging advanced analytics company delivering intelligent insights in neuroscience, announces the launch of IXIQ.Ai, a novel platform for brain segmentation based on convolutional neural networks. The platform has been developed and validated in collaboration with IXICO's academic and pharma partners and will be applied to clinical trials from March 2022.

 

IXIQ.Ai provides IXICO's development engineers with an agile infrastructure to enable efficient and rapid deployment of analysis solutions ("plugins") for specific therapeutic indications or brain regions. IXIQ.Ai analysis is performed on a MRI scan to segment the brain structure relevant to a specific central nervous system ("CNS") indication. The platform is pre-trained on IXICO's database of clinical trial and natural history datasets across several CNS indications, which has benefited from machine learning improvements developed over the past 10 years. Based on the IXIQ.Ai platform infrastructure, plugins can be trained with a reduced number of highly curated datasets to obtain an optimised solution for a specific segmentation problem. IXIQ.Ai will include pre-developed and validated plugins for applications in Huntington's disease ("HD") and Alzheimer's Disease ("AD").

 

Scientific presentations with IXICO's academic and pharma partners have shown benefits of IXIQ.Ai over widely used brain imaging tools in three areas:

 

1. Sensitivity to smaller treatment effects - every datapoint matters in efficacy analysis of imaging endpoints to increase the ability of detecting a treatment effect and, ultimately, to manage trial size, development time and costs; thereby improving overall efficiency in running clinical trials. The IXIQ.Ai platform increases the amount of usable data by 10%-20% on standard brain regions and can more than double it for challenging brain regions when compared to widely used tools, enabling the detection of proportionally smaller treatment effects without increasing trial size [1, 2].

 

2. Accuracy that enables patient-level decision making - a move towards precision medicine, as well as increasingly sophisticated drug candidates and administration modes in neuroscience, encourage applications of brain volumetry that drive individual patient decisions. Moving away from group-level statistics increases the requirements on accurate and reliable measurements at the patient level. Compared to widely used tools, IXIQ.Ai reduces volume error to manual expert segmentations by up to 80%, enabling more accurate patient-level decision-making. IXIQ.Ai provides measurements in real-time, enabling quick turnarounds in critical eligibility decisions [3, 4].

 

3. Flexibility to adapt to customized trial needs - using an analysis solution tailored to specific patient populations or brain regions, enables greater accuracy compared to one-size-fits-all solutions. IXIQ.Ai can be flexibly adapted to a specific patient population by using only a small number of highly curated training cases, offering a customisable solution to address specific trial needs [3].

 

The launch of IXIQ.Ai is scheduled to coincide with the 17th Annual Huntington's Disease Therapeutics Conference: A Forum for Drug Discovery & Development - 28th Feb - 3rd March, Palm Springs, CA, where IXICO is presenting with pharma and academic partners on the application of the platform in HD imaging. Further validation of the AD workstream will be presented at the 16th International Conference on Alzheimer's & Parkinson's Diseases - 15th - 20th March, Barcelona.

 

These presentations will be made available on the Company's website shortly after the conferences here: https://ixico.com/news-and-resources/events/

 

Dr. Robin Wolz, Chief Scientific Officer at IXICO, commented: "We are pleased to launch IXIQ.Ai into production and see it used on our first clinical trials and would like to thank our collaborators for supporting our thorough development and validation process. IXIQ.Ai is the next generation of IXICO's technology platform that has been continuously invested in, and developed, across more than 10 years: with novel AI tools like deep learning and increasing numbers of curated datasets at our disposal, we are excited to make available this new platform that enables the accurate and automated measurement of some of the most complex brain structures that play a key role in understanding CNS diseases. Initial applications are focused on areas with a high unmet need, and we are already planning application of the platform across a wider range of indications to enable the provision of insights previously not possible. It is the development and application of validated AI solutions in imaging systems such as IXIQ.Ai which are critical to the delivery of increased accuracy within the clinical development process, whilst simultaneously reducing the cost; a cornerstone of the pharmaceutical industry's continuous efforts to increase the return on investment of drug development and encourage wider efforts to identify disease modifying treatments for devastating diseases such as dementia."

 

References:

[1] J. Weatheritt, R. Joules, R. Wolz, D. Rueckert, Fully Automatic AI Segmentation of Subcortical Regions; Neurotherapeutics (2020) 17:S1-S41, page 521.

[2] M. Reinwald, E. B. Johnson, R. I. Scahill, R. Wolz, Using Artificial Intelligence for Fast, Reliable, and Automatic Segmentation of the Thalamus; Neurotherapeutics (2020) 17:S1-S41, page 513.

[3] J. Weatheritt, D. Rueckert, R. Wolz, Transfer Learning for Brain Segmentation: Pre-task Selection and Data Limitations, Communications in Computer and Information Science, 1248, pg 118-30

[4] J. Weatheritt, M. Reinwald, B. Brito, R. Wolz, AUTOMATIC SEGMENTATION USING DEEP LEARNING FOR THE HIPPOCAMPUS, AD/PD 2021: 15th International Conference on Alzheimer's & Parkinson's Diseases.

 

For further information please contact:

 

IXICO plc

+44 (0)20 3763 7498

Giulio Cerroni, Chief Executive Officer

Grant Nash, Chief Financial Officer

 

 

Cenkos Securities PLC (Nominated adviser and sole broker)

+44 (0)20 7397 8900

Giles Balleny / Max Gould (Corporate Finance)

 

Michael F Johnson / Tamar Cranford-Smith (Sales)

 

 

Walbrook PR Ltd

+44 (0)20 7933 8780

 

Paul McManus / Lianne Applegarth /

IXICO@walbrookpr.com

Alice Woodings

 

 

 

About IXICO | Advanced Analytics | Intelligent Insights.

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
PRLEAXAFFFAAEFA
Date   Source Headline
17th Jan 20177:00 amRNSAppointment of Giulio Cerroni as CEO
16th Jan 20172:00 pmRNSAnnual Report and Accounts and Notice of AGM
13th Jan 20173:25 pmRNSHolding(s) in Company
12th Jan 20172:56 pmRNSHolding(s) in Company
4th Jan 20173:43 pmRNSIssue of 590,093 Deferred Consideration Shares
23rd Dec 20167:00 amRNSBuyback and Cancellation of Deferred Shares
20th Dec 20167:00 amRNSFull Year Results
16th Nov 20167:00 amRNSParticipation in major EU partnership (ROADMAP)
21st Oct 20167:00 amRNSPre-Close Trading Update
20th Oct 20167:00 amRNS$1.2m contract with new global pharma customer
19th Oct 20167:00 amRNSIXICO presents at CAMD regulatory workshop
10th Oct 20167:00 amRNSEUR1m funding as a partner in major EU consortium
3rd Oct 20167:00 amRNSAppointment of Shore Capital as Nominated Adviser
3rd Oct 20167:00 amRNSAppointment of Shore Capital
26th Sep 20165:14 pmRNSDirector/PDMR Shareholding
26th Sep 20161:58 pmRNSExercise of Share Options
16th Sep 20167:00 amRNSBoard changes
13th Sep 20167:00 amRNSPresentation of Assessa® PML at ECTRIMS
29th Jul 201610:25 amRNSWeb-Based Technology Improves Paediatric ADHD Care
7th Jun 20167:00 amRNSHalf Yearly Report to 31 March 2016
2nd Jun 20167:00 amRNSCygnus joins Dementias Platform UK
4th Apr 20167:00 amRNSConsortium and Five Year Contract
31st Mar 20167:00 amRNSReal world study of Digital Biomarkers
31st Mar 20167:00 amRNSGrant of Awards to Directors
30th Mar 20167:00 amRNSNHS emergency and out-of-hours services contract
9th Mar 20169:30 amRNSEuropean research to tackle dementia
3rd Mar 20167:00 amRNSMehealth® used in American Academy of Pediatrics
1st Mar 201610:35 amRNSDirector/PDMR Shareholding
5th Feb 20167:00 amRNSDirector/PDMR Shareholding
4th Feb 20167:00 amRNSDirector/PDMR Shareholding
29th Jan 201610:45 amRNSResult of AGM
29th Jan 20167:00 amRNSAGM Statement
22nd Jan 20167:00 amRNSSelected for two NHS Innovation Test Beds
21st Jan 20167:00 amRNSMyBrainBook wins Regional Business Award
18th Jan 20167:00 amRNSFour contracts awarded worth over £3.0m
7th Jan 20167:00 amRNSFinancial Results for the year ended 30 Sept 2015
21st Dec 20152:03 pmRNSUpdate on Issued Share Capital
7th Dec 201510:04 amRNSResult of General Meeting
18th Nov 20153:45 pmRNSPublication of Circular
18th Nov 20157:00 amRNSProposed acquisition of Optimal Medicine & placing
2nd Nov 20153:38 pmRNSTotal Voting Rights
19th Oct 20157:00 amRNSPre-Close Trading Update
12th Oct 20151:16 pmRNSAdditional Listing
9th Oct 20157:00 amRNSCollaboration with leading pharmaceutical co in MS
2nd Oct 201511:18 amRNSExercise of Share Options
28th Aug 20157:00 amRNSIXICO awarded significant long-term contract
29th Jun 20157:00 amRNSVirtualScopics Alliance Update
25th Jun 20151:21 pmRNSHolding(s) in Company
26th May 20157:01 amRNSRelease of beta version of MyBrainBook®
12th May 20157:00 amRNSLaunch of UK Government funded project

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.