IXICO plc >GBP2m contract extension win - Huntington's disease (3623A)

TIDMIXI

RNS Number : 3623A

IXICO plc

29 September 2020

IXICO plc

("IXICO" or the "Company")

>GBP2m contract extension win in Huntington's disease

IXICO plc (AIM: IXI), the AI data analytics company delivering insights in neuroscience , has executed a c. GBP2m contract to provide additional imaging services that will support a pivotal Huntington's disease (HD) study. This builds on the Company's existing contract to support our 'top-20' pharma client's Phase III study in HD.

This contract does not have significant impact on management's expectations of performance for the coming year, but will contribute to the Company's already strong order book for next year.

Giulio Cerroni, Chief Executive Officer of IXICO, commented: "We are delighted that our client has chosen to expand our partnership to support its study extension for Huntington's disease. This decision validates our technology and endorses the service provided as we help our clients throughout the trial pathway. IXICO is proud to support the development of treatments for this devastating rare disease."

For further information please contact:

 
 IXICO plc                                                                    [phone] 
 Giulio Cerroni, Chief Executive Officer 
  Grant Nash, Chief Financial Officer 
 
 Cenkos Securities PLC (Nominated adviser 
  and sole broker)                                                            [phone] 
 Giles Balleny / Max Gould (Corporate 
  Finance) 
 Michael F Johnson / Russell Kerr 
  (Sales) 
 
 Walbrook PR Ltd                               Tel: + 44 ( 0)20 7933 8780 or [e-mail] 
 Paul McManus / Lianne Cawthorne 
  / 
 Alice Woodings 
 
 

About IXICO

IXICO is dedicated to delivering insights in neuroscience. Our mission is to transform the progression of our biopharmaceutical clients' neurological therapeutic pipelines through the application of novel imaging and digital biomarkers.

IXICO's data analytics services are used by the global biopharmaceutical industry to interpret data from brain scans and digital biosensors to enable better trial design, site qualification, patient selection and clinical outcomes. We provide technology-enabled services across all phases of clinical evaluation. Our integrated digital platform provides a scalable and secure infrastructure for the capture and analysis of regulatory compliant clinical data to enable clients to make rapid, better informed decisions. IXICO is also collaborating with partners to develop new analytical techniques and companion digital health products targeted at improving patient outcomes.

More information is available on www.IXICO.com

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September 29, 2020 02:00 ET (06:00 GMT)