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Innovate UK Award Project
Innovate UK Award Project.
About this update from Physiomics Plc
[{"type":"text","content":"\n \nRNS Number : 8823Y Physiomics PLC 14 May 2019 \n\n \n14th May 2019\nPhysiomics plc \n(\"Physiomics\") or (\"the Company\")\n \n \nPhysiomics completes personalised oncology Innovate UK award project\n \n \nPhysiomics plc (AIM: PYC), a provider of technology-based solutions to predict the effects of cancer treatment regimens for the biopharma industry, is pleased to confirm that is has successfully completed the Innovate UK grant project announced in March 2018. The project was formally signed off by Innovate UK following a final project meeting in April 2019. The Company can confirm that, in line with expectations, it received total funding of £68k from Innovate UK over the course of the project. This covers the anticipated costs of the project.\nThe project \"Prostate Cancer Chemotherapy Precision Dosing\" addressed the acknowledged challenge of effective under- or over-dosing of individual patients following administration of the same amount of chemotherapy agent, due to the variability of patients' responses to drugs. Using routine blood tests as inputs, the Physiomics tool aims to provide clinicians with a prediction of both toxicity and efficacy for any given dose thus allowing them to balance these two factors and optimise treatment for individual patients. The potential benefits of using the tool include:\n· Reduced costs and morbidity associated with drug overdosing and consequent toxicity\n· Improved efficacy as a result of the avoidance of underdosing\nDuring the project Physiomics has generated interest and engagement with medical oncologists involved in the chemotherapy treatment of prostate cancer via various routes including:\n· Presentation of the project in the form of a poster at the 2019 American Association for Cancer Research Annual Meeting\n· Interviews conducted by the Oxford Academic Health Sciences Network (\"AHSN\")\n· Engagement with the National Institute for Health Research (\"NIHR\") signposting service\n· Participation (by invitation) in an \"SME Dragon's Den\" event jointly organised by the NIHR, the Institute of Cancer Research and DigitalHealth.London's Accelerator\n \nPhysiomics is exploring the ...