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Physiomics
Physiomics plc (AIM: PYC) is an Oxford-based contract research organisation and consultancy specialising in the application of mathematical and data science solutions to support the development of therapeutic drugs and personalised medicine dosing software. Physiomics has a current turnover of circa £1m p.a. It has a high-profile brand and an established customer base of clients in the UK, Europe and North America. Physiomics takes a collaborative approach to provide clients with bespoke solutions encompassing data, analytics and insight.
Physiomics is structured in two service-lines; Model Informed Drug Development (MIDD) and Biometrics.
The Company’s MIDD service-line provides a full range of pharmacokinetic/ pharmacodynamic contract services to companies ranging from biotechs to some of the largest pharmaceutical companies in the world, across multiple therapeutic areas. The Company uses a range of commercially available software solutions but also maintains its own proprietary Virtual Tumour™ model which simulates the effects of anti-cancer agents on pre-clinical and human tumours, helping clients
The Company recently expanded its contract services into the field of Biometrics, which is run as a separate service-line and provides biostatistics, statistical programming and data management solutions. Even though only recently launched, this service-line is already delivering on several client contracts and has a rapidly growing pipeline of opportunities being progressed.
Separately from its contract services business, Physiomics has won several Innovate UK and NIHR grants which it has used to develop a software tool to personalise the dose of chemotherapy. It has an ongoing collaboration with US company, DoseMe, and has incorporated this tool into their existing commercial platform (DoseMeRx). The dosing software tool is currently available for research use only, but as the tool is further developed, the plan is to implement paid for functionality.
The CEO Role
Physiomics is seeking a new leader to drive an ambitious program of expansion and strategic change within an LSE AIM-listed business. The role requires excellent influencing skills, keen commercial acumen and the ability to communicate effectively with both scientific/ clinical and commercial stakeholders.
Even though prior experience is not necessary, the role will be responsible for managing all corporate activities pertaining to being a public company, work with the board of directors, Company Secretary, NOMAD and Broker to ensure compliance to AIM rules and effective governance of the business.
Physiomics’ revenues are derived mostly from its core contract services business, and this will remain the first priority of the incoming CEO who will be able to support the acquisition and retention of clients, participate in key meetings and presentations, lead the internal team and have the experience and gravitas to act as a senior advisor to key client contacts.
The Company currently operates virtually, although the CEO will need to be available for regular face to face team meetings in the Oxford / London area. The role will require occasional travel (in the UK and abroad) to clients, networking activities, and meetings with stakeholders. The company currently has 12 permanent employees (including Board Directors) and utilises contractors to provide additional capacity and expertise when required.
The Company operates a fee for service revenue model but has developed a personalised dosing tool that could form the basis of a software-as-a-service offering.
Physiomics believes this role represents a real opportunity for the right individual to make a significant impact in a small organisation.
Key responsibilities of the role
Operational
Corporate
Candidate profile
The successful candidate will be an experienced, high calibre international business executive, with an entrepreneurial spirit and evidence of driving successful growth and innovation. They are likely to have experience in delivering contract services (either as an individual or as part of a larger organisation) and a good knowledge of life sciences (for example drug development or technologies used in support of pharmaceutical R&D or clinical practice). They will be motivated to work in a small company environment where they can make a significant impact.
Professional/technical experience
Qualifications
Personal attributes