Ixico (IXI)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

 7.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 20.30p
  • 52 Week Low: 6.75p
  • Currency: UK Pounds
  • Shares Issued: 48.35m
  • Volume: 48,149
  • Market Cap: £3.38m

Ixico enters deal with NUY Langone Health for drug trial

By Josh White

Date: Friday 16 Oct 2020

LONDON (ShareCast) - (Sharecast News) - Data analytics company Ixico has entered into an agreement with NYU Langone Health to support a trial to determine if the immunosuppressant drug Sirolimus, approved by the FDA to prevent organ transplant rejection and for the treatment of a rare and progressive lung disease called lymphangioleiomyomatosis, is also able to slow the progression of disease in people with multiple system atrophy (MSA).

The AIM-traded firm said that, working with NYU Langone clinicians and researchers, the trial would help develop biomarkers for MSA from magnetic resonance imaging (MRI).

It described MSA as a condition of the central nervous system that causes gradual damage to nerve cells in the brain.

The project involves application of Ixico's existing MSA analysis solutions on retrospectively-collected MRI data from patients with MSA, dementia with Lewy bodies, Parkinson's disease, and progressive supranuclear palsy, as well as the joint development of a novel solution to analyse susceptibility weighted imaging (SWI).

"This collaboration will help to accelerate the quest for new treatments for multiple system atrophy by bringing together some of the leading researchers in the field from both academia and industry with the specific goal of developing new tools to better understand and characterise this debilitating disease," said Ixico's senior vice-president for science and innovation, Dr Robin Wolz.

At 1342 BST, shares in Ixico were up 1.06% at 89.94p.

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Ixico Market Data

Currency UK Pounds
Share Price 7.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 20.30p
52 Week Low 6.75p
Volume 48,149
Shares Issued 48.35m
Market Cap £3.38m

Ixico Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
40.03% above the market average40.03% above the market average40.03% above the market average40.03% above the market average40.03% above the market average
76.47% above the sector average76.47% above the sector average76.47% above the sector average76.47% above the sector average76.47% above the sector average
Price Trend
91.42% below the market average91.42% below the market average91.42% below the market average91.42% below the market average91.42% below the market average
70.37% below the sector average70.37% below the sector average70.37% below the sector average70.37% below the sector average70.37% below the sector average
Income Not Available
Growth
87.84% below the market average87.84% below the market average87.84% below the market average87.84% below the market average87.84% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average

Ixico Dividends

No dividends found

Trades for 29-May-2024

Time Volume / Share Price
15:11 66 @ 6.75p
13:35 48,000 @ 6.76p
08:00 83 @ 7.17p

Ixico Key Personnel

CEO Giulio Cerroni

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