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Physiomics have validated their Virtual Tumour model in single-blind experiments with a major pharma company. The model successfully predicted the outcome of two drug combination xenograft studies. The results are presented in an article for Innovations in Pharmaceutical Technology (June issue)....

Physiomics (AIM: PYC), the Oxford, UK based systems biology company, and Sareum Holdings plc (AIM: SAR) are pleased to announce that they have signed an agreement in which Physiomics provides in silico simulations to support Sareum’s cancer drug joint research program with The Institute of Cancer Research (ICR) and Cancer Research Technology Limited (CRT)....

The Company announces that it has completed a placing, through WH Ireland Limited, to raise £782,500 from the issue of 195,625,000 new ordinary shares of 0.04p each (“Ordinary Shares”) at a price of 0.4p per share (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 4 December 2009....

Physiomics plc (AIM: PYC), the Oxford, UK based systems biology company, is pleased to update the market on its trading performance for the financial year ended 30 June 2009. Revenues for the year were stronger than anticipated in a previous trading statement issued on 28 July 2008 and we were able to build on the improvement set out in the Interim statement issued in February...

Physiomics plc (AIM: PYC), the Oxford, UK based systems biology company, is pleased to announce a successful evaluation, by the European Commission, of the results from the second year of the research program "TEMPO" . Following this successful review, the European Commission have agreed that the 3 year “TEMPO” project can continue into its final year as specified in the original grant proposal....

Physiomics (AIM: PYC), the Oxford, UK based systems biology company, is pleased to announce that it has signed a license agreement with Eli Lilly and Company ('Lilly') (NYSE: LLY), the global pharmaceutical company. Under the terms of the agreement, Physiomics will license to Lilly a customised version of its “ModelPlayer” for in silico simulations of unspecified anticancer drugs and Lilly will have the option...