Wins Poster Award

RNS Number : 5906H

Physiomics PLC

24 June 2013

 



Physiomics plc

The Magdalen Centre

The Oxford Science Park

Robert Robinson Avenue

Oxford

OX4 4GA

UK

Tel [phone]

Fax [phone]

24 June 2013                   

Physiomics plc

("Physiomics") or ("the Company")

Physiomics wins poster award at NC3Rs/Society of Biology Symposium 2013

Physiomics plc (AIM: PYC), the Oxford, UK based systems biology company, is pleased to announce that it won the second poster prize at the NC3Rs and Society of Biology Symposium held in London on 19 June 2013. The NC3Rs is the National Centre for the Replacement, Refinement & Reduction of Animals in Research.

Dr Eric Fernandez presented a poster on our Virtual Tumour pre-clinical predictive platform. This technology allows experimentalists to prioritise the most effective anti-cancer drug combinations and dramatically reduce the number of animal experiments performed for in vivo validation.

We demonstrated in the poster how the Virtual Tumour could help to reduce by up to 50% the number of animal experiments and accelerate the discovery of optimal drug regimens. A copy of the poster is available on Physiomics website.

Dr Mark Chadwick, CEO of Physiomics, commented:

"We are delighted to be awarded a prize by such a prestigious organization. This highlights the capacity of the Virtual Tumour to reduce both animal use and timelines, saving money for our customers."

Enquiries:

Physiomics plc                                                  

Dr Mark Chadwick, CEO

[phone]

WH Ireland Limited (broker/nomad)

Katy Mitchell

[phone]

About Physiomics plc

Physiomics (AIM:PYC) is a computational systems biology services company applying simulations of cell behaviour to drug development to reduce the high attrition rates of clinical trials. 80-90 per cent of all clinical drug candidates fail to reach the market and estimates show that an overall ten per cent improvement in success rates could reduce the cost of one drug's development by as much as $242 million, from the current estimate of around $800 million¹.

Physiomics develops computational systems biology models to predict and understand cancer drug efficacy from pre-clinical research to clinical development. Physiomics has created detailed mathematical models incorporating the most important molecular events taking place during the human cell cycle and apoptosis processes. The company's SystemCell® technology enables the simulation of populations of "virtual cells". The company has also developed a "Virtual Tumour" model to simulate the effect of anti-cancer drugs on tumour growth. The models are used to optimise compound design and to design drug schedules and combination therapies.

Physiomics, based in Oxford, UK, was founded in 2001, and floated on AIM in 2004. For further information, please visit www.physiomics-plc.com

SystemCell® is a registered trademark of Physiomics plc

¹Tufts Centre Impact Report 2002

About the NC3Rs

The NC3Rs is an independent scientific organisation which leads on the discovery, development and promotion of new ways to replace, reduce and refine the use of animals in research and testing (the 3Rs). It is supported primarily by Government, but also receives funding from the charitable and industrial sectors. The NC3Rs has an annual budget of approximately £6.75 million and is the UK's major funder of 3Rs research. Further information about NC3Rs activities and programmes can be found at www.nc3rs.org.uk 

 

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