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IXICO

From Wikipedia, the free encyclopedia

IXICO
TypePublic limited company
LSE:IXI
IndustryData analytics for clinical research
Founded2004
FoundersProfessors Derek Hill, Daniel Rueckert, David Hawkes and Jo Hajnal
Headquarters
London
,
United Kingdom
Area served
Worldwide
Key people
Mark Warne (Chairman)
Bram Goorden(CEO)
Websitehttps://ixico.com/

IXICO plc is a UK-based neuroscience imaging and biomarker analytics company focused on neurological disease research. The company provides clinical trial imaging, image data management, and biomarker analytics to biopharmaceutical firms and research organisations working in neurological disorders such as Alzheimer's disease, Huntington's disease, Parkinson's disease, multiple sclerosis, and other neurological conditions.

Company history

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IXICO was incorporated in 2004[1] as a spin-out from Imperial College London, University College London and King's College London.[2] The company name comes from “Information eXtraction from Images,” the title of an early research project that helped establish the IXI platform.

In October 2013, IXICO entered the Alternative Investment Market (AIM) of the London Stock Exchange through a reverse takeover of defunct pharmaceutical drug company Phytopharm.[3]

Phytopharm

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Phytopharm was a British pharmaceutical company, incorporated on 28 November 1995. Briefly known as Lawnhale, it changed its name to Phytopharm in March 1996[4] and listed on the London Stock Exchange on 25 April of the same year (LSE:PYM).[5] It announced plans for a secondary listing on NASDAQ in 2004 (NASDAQ:PHYOF).[6] By 2012, the Phytopharm group consisted of a parent company, Phytopharm plc, a wholly owned trading subsidiary, Phytotech Limited, and a dormant subsidiary, Phytodevelopments Limited.[7]

Amongst other activity, Phytopharm raised funds for research into treatment of Parkinson's disease (PD) from sources including the Michael J Fox Foundation,[8] but the company collapsed in 2013 following the failure of its main PD drug (Cogane) during clinical trials.[9] Its shares were suspended from trading on 20 May 2013.[10][11]

IXI Platform

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IXICO’s IXI platform is its proprietary AI-enabled neuroimaging technology platform for precision medicine and neurological disease research. Designed by neuroscientists for neuroscientists it is able to process imaging data from global trials and support clinical trial imaging and biomarker science insights.[12]

The IXI platform uses machine learning and deep learning to process data from global trials and measure imaging biomarkers associated with the identification, progression, and treatment of diseases such as Alzheimer's disease, Huntington's disease, and Parkinson's disease. It combines image data capture, image reading, analysis, and regulatorily compliant reporting in a single end-to-end workflow.[13]

IXICO provides end-to-end imaging services for neurological clinical trials, including trial management, image data management, biomarker analysis, and consulting support. Its work focuses on neurological disease research, including Alzheimer’s disease, Huntington’s disease, Parkinson’s disease, multiple sclerosis, other demyelinating disorders, other Parkinsonian disorders, and rare neurological diseases.[14]

References

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  1. Chesters, Laura (24 September 2013). "Independent". Retrieved 30 November 2018.
  2. Nair, Praseeda (8 August 2006). "growthbusiness.co.uk". Retrieved 30 November 2018.
  3. "Phytopharm plc to be renamed IXICO plc on admission - London Stock Exchange". www.londonstockexchange.com. Retrieved 30 November 2018.
  4. "IXICO PLC - Overview (free company information from Companies House)". beta.companieshouse.gov.uk. Retrieved 4 December 2018.
  5. "Resources".
  6. "Phytopharm turns to Nasdaq in search for US investors". The Independent. Retrieved 4 December 2018.
  7. "Phytopharm PLC Preliminary Results". ADVFN. Retrieved 4 December 2018.
  8. "Phytopharm turns to Nasdaq in search for US investors". The Independent. Retrieved 4 December 2018.
  9. "Cogane for Parkinson's Shows No Benefit over Placebo in Clinical Trial". The Michael J. Fox Foundation for Parkinson's Research | Parkinson's Disease. Retrieved 4 December 2018.
  10. "Phytopharm (PYM) Share Price". ADVFN. Retrieved 4 December 2018.
  11. "Phytopharm suspends shares pending acquisition | Business Weekly | Technology News | Business news | Cambridge and the East of England". www.businessweekly.co.uk. Retrieved 4 December 2018.
  12. "Precision in neuroscience". ixico.com. Retrieved 24 July 2026.
  13. "Precision in neuroscience". ixico.com. Retrieved 24 July 2026.
  14. "Precision in neuroscience". ixico.com. Retrieved 24 July 2026.