Life Molecular Imaging – Neuraceq Supply Agreement

IXICO plc

15 April 2024

 

15 April 2024

IXICO plc

("IXICO" or the "Company")

Life Molecular Imaging - Neuraceq® Master Supply Agreement

IXICO plc (AIM: IXI), the medical imaging advanced analytics company delivering intelligent insights in neuroscience, today provides information on its agreement with Life Molecular Imaging (LMI) for the supply of LMI's Neuraceq® Amyloid PET tracer (Florbetaben-18F) for use in pharma-sponsored clinical trials. Neuraceq® is a diagnostic agent that improves early detection and characterization of chronic and life-threatening diseases such as Alzheimer's, leading to better therapeutic outcomes and improved quality of life.

As a result of its agreement with LMI, IXICO is able to further extend its service offering to providing Neuraceq® PET tracer supply to complement IXICO's well-established PET imaging services and image data analytics.  LMI's provision of tracer supply to imaging centres together with IXICO's oversight of imaging will minimise the operational burden to trial sponsors and will improve patient experience, ultimately driving study eligibility and efficacy endpoint delivery. 

Andrew Stephens, Chief Medical Officer of Life Molecular Imaging, commented:

''We are pleased to be partnering with IXICO to further strengthen access to Neuraceq® to clinical trials. We hope that our partnership will offer Sponsors an additional streamlined route to tracer supply.''

Giulio Cerroni, Chief Executive Officer of IXICO, commented:

''IXICO is committed to the continuous development of our suite of AI enabled analytics and reader services for innovative new PET tracers and so we are delighted to be partnering with LMI to improve access and supply to LMI's Neuraceq. We anticipate that the extension of this Neuraceq tracer co-ordination service from IXICO will be very well received by our global biopharmaceutical Sponsors."

For further information please contact:

IXICO plc
Giulio Cerroni, Chief Executive Officer Grant Nash, Chief Financial Officer	[phone]

This is an RNS Reach announcement and the information contained is not considered to have a significant impact on management's expectations of the Group's performance. RNS Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on RNS Reach.

About IXICO | Advanced Analytics | Intelligent Insights.

IXICO is dedicated to delivering insights in neuroscience to help transform the advancement of investigational therapies for neurological diseases, such as Huntington's disease, Parkinson's disease and Alzheimer's disease. The Company's purpose is to advance medicine and human health by turning data into clinically meaningful information, providing valuable new insights in neuroscience by supporting pharmaceutical companies across all phases of CNS clinical research. IXICO's goal is to be a leading advocate of artificial intelligence in medical image analysis. 

IXICO has developed and deployed breakthrough data analytics, at scale, through its remote access technology platform, to improve the return on investment in drug development and reduce risk and uncertainty in clinical trials for the Company's pharmaceutical clients.

More information is available on www.IXICO.com

About Life Molecular Imaging (LMI)

Life Molecular Imaging (LMI) is an international pharma company dedicated to developing and offering novel cutting-edge PET radiopharmaceuticals for imaging of neurodegenerative and cardiovascular diseases. The organization strives to be a leader in the molecular imaging field. Our mission is to pioneer innovative PET products that improve early detection and characterization of chronic and life-threatening diseases, leading to better therapeutic outcomes and improved quality of life. By advancing novel PET radiopharmaceuticals for molecular imaging, LMI is focusing on a key field of modern medicine. LMI is an affiliate of Life Healthcare Group - an international people-centred, diversified healthcare organization with four decades of experience in the South African private healthcare sector.

More information about Life Molecular Imaging (LMI) at https://life-mi.com

About Life Healthcare Group https://www.lifehealthcare.co.za/

About Neuraceq® (florbetaben 18F) https://neuraceq.com/

 

END