Physiomics (PYC)

Sector:

Health Care

Index:

FTSE AIM All-Share

0.68p
   
  • Change Today:
    -0.025p
  • 52 Week High: 1.85p
  • 52 Week Low: 0.63p
  • Currency: UK Pounds
  • Shares Issued: 203.21m
  • Volume: 174,292
  • Market Cap: £1.37m
  • RiskGrade: 504
  • Beta: 0.48

Physiomics re-engages with DoseMe for personalised dosing software

By Josh White

Date: Friday 14 Jun 2024

LONDON (ShareCast) - (Sharecast News) - Physiomics, a mathematical modelling and data science specialist focussed on therapeutics and personalised medicine, has re-engaged with DoseMe to implement its personalised dosing software on the 'DoseMeRx' platform, it announced on Friday.
The AIM-traded firm said the collaboration aimed to provide decision support for the use of granulocyte colony-stimulating factor (GCSF), and would initially be available to selected DoseMe clients on a research basis, with plans for future paid functionality.

It said the personalised dosing software, developed with grant funding from UK bodies including Innovate UK and the National Institute for Health and Care Research, was focussed on predicting neutropenia in cancer chemotherapy patients.

By calibrating the software with early blood tests during chemotherapy, it allowed clinicians to adjust doses and foresee the impact on neutrophil levels, helping to mitigate infection and hospitalisation risks.

The renewed collaboration followed an initial partnership in late 2020, and subsequent feedback indicating the need for more modern drug focus and streamlined blood test requirements.

Following DoseMe's acquisition by a private equity group in early 2023, Physiomics re-engaged with DoseMe's new management, culminating in the planned launch of the dosing software on the upgraded DoseMeRx platform in the second half of this year.

The companies would also identify US centres with historical patient data to further enhance the software's decision-making capabilities around GCSF usage.

Additionally, Physiomics said it was aiming to make blood sampling more convenient for patients, exploring new diagnostic devices for community or home settings, developed in partnership with Beyond Blood Diagnostics.

"I'm really pleased that we've been able to progress this initiative and the team are excited to build upon the partnership with DoseMe to further develop our personalised oncology dosing software," said chief executive officer Dr Peter Sargent.

At 0915 BST, shares in Physiomics were up 3.7% at 1.4p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Physiomics Market Data

Currency UK Pounds
Share Price 0.68p
Change Today -0.025p
% Change -3.57 %
52 Week High 1.85p
52 Week Low 0.63p
Volume 174,292
Shares Issued 203.21m
Market Cap £1.37m
Beta 0.48
RiskGrade 504

Physiomics Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
37.81% below the market average37.81% below the market average37.81% below the market average37.81% below the market average37.81% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Price Trend
87.71% below the market average87.71% below the market average87.71% below the market average87.71% below the market average87.71% below the market average
72.97% below the sector average72.97% below the sector average72.97% below the sector average72.97% below the sector average72.97% below the sector average
Income Not Available
Growth
56.08% below the market average56.08% below the market average56.08% below the market average56.08% below the market average56.08% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average

Physiomics Dividends

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Trades for 21-Nov-2024

Time Volume / Share Price
09:25 170,000 @ 0.69p
09:09 4,292 @ 0.70p

Physiomics Key Personnel

CEO Peter Sargent

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