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Pharma & Biotech

IXICO says client suspends trial while it gathers more pre-clinical data

IXICO has been notified by a client of an indefinite halt to the client's clinical trial following the receipt of unexpected preclinical data.

IXICO PLC (AIM:IXI, OTC:PHYOF), the data analytics company delivering insights in neuroscience, said one of its clients has called an indefinite halt to a clinical trial.

The client unexpectedly received preclinical data and is suspending the trial while it completes further pre-clinical studies.

Contracted revenues for this trial represented £3.3mln of the company's order book as at the end of September, of which IXICO had expected to deliver £0.8mln in revenue in the current fiscal year.

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