Trading Update

RNS Number : 9352G

Physiomics PLC

04 July 2012

 



Physiomics plc

(the "Company")

Trading Update

The Company confirms today that, as a consequence of some anticipated projects being delayed, its results for the year ended 30 June 2012 are likely to fall below current management expectations.

Mark Chadwick, CEO of Physiomics explained "While general market conditions and project delays have meant that revenues have not been realised as quickly as we would have wanted, the Company remains well funded for the next 12 months. The potential for new projects remains high with a number of large pharmas and biotech companies. In addition, our new product development projects are progressing apace." 

Enquiries:

Physiomics plc                                                  

Mark Chadwick 

[phone]

WH Ireland Limited

Katy Mitchell

[phone]

 

END

 

 

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