Physiomics plc wins Innovate UK grant

By Tom Kilkelly

13 November 2023

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Oxfordshire-based Physiomics plc, a mathematical modelling company operating out of Milton Park, has been awarded a grant by Innovate UK and The Office for Life Sciences as part of the UK Government's Advancing Precision Medicine programme.

The project, named PREDICT-ONC, will cost around £560,000. Physiomics share of this cost, which is £196,251, will be covered mostly by the grant. Other participating parties in the project are Beyond Blood Diagnostics Limited and and Blackpool Teaching Hospitals NHS Foundation Trust.

PREDICT-ONC is designed to generate data to further develop Physiomics' personalised dosing tool which has been funded by previous grants, including Innovate UK once before in 2018.

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The project will will generate data through an observational clinical trial where patients will be monitored rigorously during their planned course of chemotherapy to gather data on their neutrophil counts, G-CSF treatment and drug-related side-effects.

Physiomics CEO, Dr Jim Millen, said:"We are delighted to have won our fourth Innovate UK award, which we believe is a testimony to the innovative culture of our company.

''This grant gives us a unique opportunity to capitalise on previous grant-funded work in the personalised oncology space, as well as foster our collaboration with Beyond Blood Diagnostics Ltd, and we are looking forward to working with new partner, Blackpool Teaching Hospitals NHS Foundation Trust."

By Tom Kilkelly

Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022.

During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan).

His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.