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Physiomics Ventures into Rheumatoid Arthritis with New UK Contract

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Physiomics plc (LSE:PYC) has entered the rheumatoid arthritis field by securing a contract with a UK-based client to apply its population Pharmacokinetic modelling techniques to Phase 1 clinical data for a small molecule aimed at treating the condition. The £67,500 contract, expected to be completed within three months, represents Physiomics’ first foray into rheumatoid arthritis and a strategic expansion into new therapeutic areas. The agreement also includes a Master Service Agreement for future collaborations, showcasing the company’s growing client base and increasing expertise in supporting advanced-stage drug development.

Despite this strategic expansion, Physiomics faces significant financial instability, with declining revenues and negative profit margins impacting its outlook. Technical indicators suggest a bearish sentiment, and while recent developments indicate potential pathways for growth, financial concerns and valuation challenges remain substantial.

About Physiomics plc

Physiomics plc specializes in mathematical modelling, biostatistics, and data science, with a focus on optimizing drug development processes and personalized medicine solutions. The company collaborates with biotech and pharmaceutical companies, applying its expertise in Modelling & Simulation, Bioinformatics, and Data Science to enhance the development of new therapeutics. Physiomics has supported over 100 commercial projects, working with high-profile clients such as Merck KGaA, Astellas, and Bicycle Therapeutics.

  • Average Daily Trading Volume: 7,097,380

  • Technical Sentiment: Sell

  • Market Capitalization: £1.46 million

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