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FTSE 100 closes lower as US sinks with Santa rally looking a vague memory
At the close, the FTSE 100 was down 71.93 points, or 1.1% at 6,773.24, just above the session low of 6,761.37 and well below the early high of 6,845.17.
Company
LON:PYC
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. The company's 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.
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At the close, the FTSE 100 was down 71.93 points, or 1.1% at 6,773.24, just above the session low of 6,761.37 and well below the early high of 6,845.17.
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A glance at some of the day's highlights from the Proactive Investors newswire
On top of the Merck KGaA win, Physiomics inked deals with several other pharma and biotech groups last year
Investments and investor services
In the currency markets, sterling is around flat against the Euro and down 0.43% against the US dollar.
The AIM-quoted firm expects revenues to almost double from last year, while losses should be “materially” lower than current market forecasts
Some of the main news-driven risers and fallers in London on Wednesday afternoon ...
A look at some of the biggest risers and fallers in London on Wednesday
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A look at some of the biggest risers and fallers in London on Friday
Proactive takes a look at the movers and shakers in London
Physiomics' Virtual Tumour is a sophisticated computer model that simulates tumour cell division
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A look back at some of the more interesting stories on the junior market this week
Investments and investor services
Some of the biggest risers and fallers in London on Wednesday
This is a significant milestone for the company as it will generate long-term revenues with management expecting income of £500,000 to be realised in the first 12 months.
A glance at some of the bigger risers and fallers today in London ...