IXICO has extended two existing contracts and they will contribute an additional £2.4m in revenues.
The neuroscience-focused data analytics company has secured a £1.8m extension to a phase III study in Huntingdon’s Disease and a £600,000 extension for a study in progressive supranuclear palsy.
The contracted order book was £15.9m at the end of September 2019. Other contracts have been added since then.
In the year to September, IXICO increased its revenues from £5.4m to £7.6m and it moved into profit for the first time. Pre-tax profit was £366,000.
There was £7.3m in the bank at the end of September 2019.
© 2020 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Aeorema Communications is being hit be the postponement of events.
Walcom Group is short of cash and the chief executive has been unable to provide the funds he intended to lend to the company.
Broadcast software provider Pebble Beach Systems has delayed its 2019 figures due to COVID-19.