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Charmaine Fraser's Articles

Physiomics Enters Contract with Astellas

Physiomics awarded contract by Astellas Pharma Inc. Oxford, UK:  Physiomics plc (AIM: PYC), the oncology consultancy using mathematical models and its Virtual Tumour™ technology to support the development of cancer treatment regimens and personalised medicine solutions, is pleased to announce that, further to its announcements of 27 May, 30 June and 22 July 2020, it has been awarded a contract by a new client, Astellas Pharma Inc. (TSE: 4503) (“Astellas”), a Japanese global pharmaceutical company. The contract is for a modelling project involving Physiomics’ Virtual Tumour™ immuno-oncology model and relates to an undisclosed Astellas asset.  The work is expected to be completed this calendar year.  The precise value of the contract cannot be disclosed for reasons of commercial confidentiality however it is around 20% of the Company’s last full year’s total income to the 30 June 2019. Dr Jim Millen, CEO said: “We are delighted to have ...

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