Physiomics plc (AIM: PYC), the Oxford, UK based systems biology company, is pleased to confirm that is has been awarded the Innovate UK grant as part of its Biomedical Catalyst 2016 Feasibility Study Competition that was the subject of a provisional announcement on the 22nd November 2016.
As previously disclosed, the proposed project is titled “Decision Support Systems For Stratified Cancer Treatment”. In line with the Company’s strategic objective to explore the personalised medicine market set out in its full year results (published on the 27th October 2016), the objective of the project is to create a prototype decision support system to improve cancer care by helping medical professionals make treatment decisions based on patient specific data. The ultimate objective would be to create a practical tool that could be licensed initially to NHS Providers in the UK to support clinical decision making and improve outcomes for individual patients suffering with certain types of cancer.
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