Investor News / RNS

Oxford, UK, 31 March 2016: The Board of Physiomics Plc (AIM: PYC), a UK-based systems biology company, today announces its financial results for the six months ended 31 December 2015. Physiomics Plc is a computational systems biology services company, applying simulations supporting pharmaceutical decision making throughout the entire drug discovery process, particularly for cancer therapies....

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The Company announces that it has completed a placing, conditional only on Admission, to raise £250,000 from the issue of 1,000,000,000 new ordinary shares of 0.004p each ("Ordinary Shares") at a price of 0.025p per share, through WH Ireland Limited (the "Placing"). Application has been made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on...

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Chairman's Statement  Summary of Results in the year ended 30 June 2015 •    The turnover of the Company was £235,486 (2014: £267,903). •    The operating loss reduced to £414,755 (2014: £465,265). •    On 30 June 2015 the surplus of shareholders' funds was £325,617 (2014: £136,487). This year, Physiomics extended its product range and made a key commercial breakthrough, signing its first long term Virtual Tumour Clinical deal with a large pharmaceutical company. In summary...

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Physiomics is pleased to provide an update on its strategic direction. For some time the Company has been pursuing M&A targets, in particular oncology therapeutics companies that could benefit from the application of Virtual Tumour and other PYC modelling tools. Physiomics has now identified a number of potential targets, including one in particular where the synergy with our modelling skills is strong....

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Physiomics will present a half-day workshop on “Applications of Physiomics’ Virtual Tumour to Immunotherapy and Translational Science”, ahead of the 2015 PAGE meeting. This workshop will review the preclinical Virtual Tumour model used to predict optimal doses and schedules of combination therapy. We will provide an overview regarding the recent extension of the current model to include immunotherapy and clinical translational. This will then be...

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