Hargreaves Lansdown

Physiomics re-engages with DoseMe for personalised dosing software

Fri 14 June 2024 09:51 | A A A

No recommendation

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

(Sharecast News) - Physiomics, a mathematical modelling and data science specialist focussed on therapeutics and personalised medicine, has re-engaged with DoseMe to implement its personalised dosing software on the 'DoseMeRx' platform, it announced on Friday.

The AIM-traded firm said the collaboration aimed to provide decision support for the use of granulocyte colony-stimulating factor (GCSF), and would initially be available to selected DoseMe clients on a research basis, with plans for future paid functionality.

It said the personalised dosing software, developed with grant funding from UK bodies including Innovate UK and the National Institute for Health and Care Research, was focussed on predicting neutropenia in cancer chemotherapy patients.

By calibrating the software with early blood tests during chemotherapy, it allowed clinicians to adjust doses and foresee the impact on neutrophil levels, helping to mitigate infection and hospitalisation risks.

The renewed collaboration followed an initial partnership in late 2020, and subsequent feedback indicating the need for more modern drug focus and streamlined blood test requirements.

Following DoseMe's acquisition by a private equity group in early 2023, Physiomics re-engaged with DoseMe's new management, culminating in the planned launch of the dosing software on the upgraded DoseMeRx platform in the second half of this year.

The companies would also identify US centres with historical patient data to further enhance the software's decision-making capabilities around GCSF usage.

Additionally, Physiomics said it was aiming to make blood sampling more convenient for patients, exploring new diagnostic devices for community or home settings, developed in partnership with Beyond Blood Diagnostics.

"I'm really pleased that we've been able to progress this initiative and the team are excited to build upon the partnership with DoseMe to further develop our personalised oncology dosing software," said chief executive officer Dr Peter Sargent.

At 0915 BST, shares in Physiomics were up 3.7% at 1.4p.

Reporting by Josh White for Sharecast.com.

    The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.


    More AIM news from ShareCast

    No results were found