Licensing
Physiomics plc has signed a license agreement with Eli Lilly under which the Oxford-based company will develop a customised version of its ModelPlayer for in silico simulations of anti-cancer drugs.
ModelPlayer, a computational systems biology application, creates simulations of cell behaviour, enabling drug interactions to be modelled in silico.
Christophe Chassagnole, chief operating officer of Physiomics, said, “This is an important commercial and technical milestone for Physiomics as this is the first time that we have out-licensed our technology.