16 June 2025

Physiomics plc

("Physiomics" or the "Company")

New Head of Biometrics and Two Contracts Awarded with New Biometrics Client

Physiomics plc (AIM: PYC), a leading mathematical modelling, data science and biostatistics company supporting the development of new therapeutics and personalised medicine solutions, is pleased to announce the recruitment of Mr Jesse Thissen as Head of Biometrics, as well as the signing of the Company's first ever two Biometrics contracts.

Contract Award

The two new contracts are with a UK headquartered clinical-stage biopharmaceutical company developing immunotherapies that target a range of diseases. In support of two of the client's active clinical programmes (one contract per programme), Physiomics' will provide Biostatistical Consulting and Statistical Programming services starting in July 2025 and continuing over an initial period of one year. The combined estimated value of both contracts is £111,000.

Head of Biometrics

In addition to these two new contracts, the Company is pleased to announce that Mr. Jesse Thissen will be joining the team as Head of Biometrics, effective 1 July 2025. As an experienced biostatistician with a background of working across Large Pharma (AstraZeneca), Biotech, Consumer Health and Contract Research Organisations, Jesse will lead the Company's new Biometrics service-line. Bringing in these initial two new contracts, the Head of Biometrics will be responsible for delivering them and will be instrumental in supporting the Company further expand its Biometrics offering and driving revenue growth in this new area for Physiomics.

Biometrics typically comprises three main service areas; Biostatistics; Statistical Programming; and Data Management. In the short-term, the Company will focus on driving growth across Biostatistics and Statistical Programming, as reflected in the two contract awards announced here. The Company does not envisage developing Data Management capabilities in the short term but will keep this under close review.

Dr Peter Sargent, CEO of Physiomics, commented:

"This is a very exciting time for us here at Physiomics. The recruitment of Jesse as our Head of Biometrics and these two contract awards mark a significant milestone in one of the Company's key growth initiatives. In parallel to remaining committed to growing our modelling and simulation service-line, the Board and I believe Biometrics will be a key factor in transforming the business, enabling us to scale more rapidly and meet our growth aspirations. Due to the complementarity of biometrics with modelling and simulation, this new service-line will not only enable us to offer a broader integrated solution to our clients, but allow us to service a much larger market"

For more information about Physiomics and its services, please visit www.physiomics.co.uk.

Enquiries:

Physiomics plc

Dr Peter Sargent, CEO

+44 (0)1235 841575

Hybridan LLP (Broker)

Claire Louise Noyce

+44 (0) 203 764 2341

Strand Hanson Ltd (NOMAD)

James Dance & James Bellman

+44 (0)20 7409 3494

Notes to Editor

About Physiomics

Physiomics plc combines expertise across Modelling & Simulation, Biostatistics, Data Science and Bioinformatics, together with deep biology expertise, to help biotech and pharma companies streamline their drug development journeys. Our approach is to help derive insight from all relevant and often disparate data in order to de-risk decision making and optimise research design across discovery, pre-clinical and clinical studies. Through use of cutting-edge computational tools, bespoke models and our proprietary Virtual Tumour technology, the Physiomics team has informed the development of over 100 commercial projects, with over 125 targets and drugs modelled. Clients include Merck KGaA, Astellas, Bicycle Therapeutics, Numab Therapeutics & CRUK.  

About Biometrics

In the context of drug development, Biometrics is an essential component of clinical research, playing a pivotal role in the setup, conduct and reporting of clinical trials. It ensures studies are well-designed, data is accurately collected and analysed, and results are interpreted correctly. Regulatory authorities across the globe require robust biometrics practices in order to approve new drugs.

Biometrics typically incorporates three main service areas:

i.          Biostatistics: Supporting the design of clinical studies and analysis of resulting data.

ii.         Statistical Programming: Use of programming language to process, analyse and visualise clinical data.

iii.         Data Management: Setup and oversight of the collection, entry and validation of clinical trial data.