>£2m contract extension win - Huntington’s disease

RNS Announcement

RNS Number : 3623A

IXICO plc

29 September 2020

IXICO plc

("IXICO" or the "Company")

>£2m contract extension win in Huntington's disease

IXICO plc (AIM: IXI), the AI data analytics company delivering insights in neuroscience, has executed a c. £2m 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		+44 (0)20 3763 7498
Giulio Cerroni, Chief Executive Officer Grant Nash, Chief Financial Officer

Cenkos Securities PLC (Nominated adviser and sole broker)			+44 (0)20 7397 8900
Giles Balleny / Max Gould (Corporate Finance)
Michael F Johnson / Russell Kerr (Sales)

Walbrook PR Ltd	Tel: +44 (0)20 7933 8780 or [email protected]
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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RNS metadata

Title: >£2m contract extension win - Huntington’s disease
Time: 07:00:03
Date: 29 Sept 2020
Category: Acquisitions and alliances
ID: 3623A