Physiomics project gets regulatory and ethical approval

Mathematical modelling, data science and biostatistics specialist Physiomics announced on Wednesday that its Innovate UK-funded ‘PREDICT-ONC’ project had received both regulatory and ethical approval.

  • Physiomics
  • 08 January 2025 14:12:10
Physiomics

Source: Sharecast

The AIM-traded firm said the project aimed to advance personalised dosing software designed to optimise chemotherapy treatments and manage chemotherapy-induced neutropenia.

It said the software, initially developed to assist clinicians in tailoring docetaxel chemotherapy dosing, had expanded in utility through studies such as the PARTNER trial, completed in January 2023.

The software demonstrated additional applications in dosing granulocyte colony-stimulating factor (GCSF), a biological drug commonly used to counteract neutropenia - a side effect of chemotherapy that reduces white blood cell counts.

Physiomics said the PREDICT-ONC project, supported by a £137,376 grant from Innovate UK and the Office for Life Sciences, aimed to refine and evaluate the software’s ability to predict GCSF dosing.

The observational clinical trial would recruit breast cancer patients undergoing standard GCSF treatment at Blackpool Teaching Hospitals NHS Foundation Trust.

Conducted in partnership with Beyond Blood Diagnostics, the trial would measure treatment effects on neutropenia, generating data to enhance the software’s predictive capabilities.

Despite delays in securing approvals, the project team expected patient recruitment to begin shortly, with minimal impact on the overall timeline.

Completion of the trial remained targeted for late 2025.

“Physiomics and our partners are thrilled to have now obtained approval to proceed with the PREDICT-ONC observational trial,” said chief executive officer Dr Peter Sargent.

“We had initially planned to start this trial last summer, but due to delays in the approval process that were out of our hands, approval has only now been obtained.”

However, Dr Sargent said that due to the “hard work of the project team”, including recruitment of a research nurse and the identification of potential patients, the company predicted that the delays would have a minimal impact on the overall timelines and final readout of the project.

“We at Physiomics are excited to start receiving the data generated from this trial, so we can continue development of our personalised dosing software.”

At 1345 GMT, shares in Physiomics were up 3.87% at 0.81p.

Reporting by Josh White for Sharecast.com.

N/A

Isin: N/A
Exchange: N/A
Sell:
N/A
Buy:
N/A
Change:
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Bank of Scotland is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.

Important legal information

Bank of Scotland Share Dealing Service is operated by Halifax Share Dealing Limited. Halifax Share Dealing Limited. Registered in England and Wales No. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire HX1 2RG. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Logo Allfunds

The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.

FE fundinfo Logo

Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

Refinitiv Logo

© 2025 Refinitiv, an LSEG business. All rights reserved.