tiprankstipranks
Trending News
More News >

Physiomics Secures New Contract to Enhance Drug Development

Story Highlights
  • Physiomics specializes in mathematical modelling and data science for drug development.
  • Physiomics secures a £98,600 contract to support a non-oncology therapeutic development.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Physiomics Secures New Contract to Enhance Drug Development

Elevate Your Investing Strategy:

Physiomics ( (GB:PYC) ) has provided an update.

Physiomics plc has secured a new contract with an existing client to apply its PK/PD modelling and simulation expertise for a non-oncology therapeutic. The project aims to support the preclinical-to-clinical translation and inform human dosing schemes for a First in Human clinical trial. Valued at £98,600, the contract underscores Physiomics’ capability to provide integrated modelling and simulation solutions throughout the drug development lifecycle, enhancing experimental and clinical trial design and accelerating drug development programs.

Spark’s Take on GB:PYC Stock

According to Spark, TipRanks’ AI Analyst, GB:PYC is a Underperform.

Physiomics’ stock score is primarily impacted by significant financial instability, including declining revenues and negative profit margins. Technical indicators reinforce a bearish outlook. While recent corporate events suggest potential growth pathways, current valuation issues and financial challenges remain significant obstacles.

To see Spark’s full report on GB:PYC stock, click here.

More about Physiomics

Physiomics plc is a leading company in mathematical modelling, data science, and biostatistics, specializing in the development of new therapeutics and personalized medicine solutions. The company leverages its expertise in Modelling & Simulation, Biostatistics, Data Science, and Bioinformatics to assist biotech and pharma companies in optimizing their drug development processes. Physiomics has contributed to over 100 commercial projects and has worked with notable clients such as Merck KGaA, Astellas, and Bicycle Therapeutics.

Average Trading Volume: 8,482,811

Technical Sentiment Signal: Sell

Current Market Cap: £1.44M

Learn more about PYC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1