Physiomics confirms award of Innovate UK grant

Physiomics confirm that is has been awarded the Innovate UK grant as part of its Biomedical Catalyst 2016 Feasibility Study Competition that was the subject of a provisional announcement on Nov. 22, 2016.

The grant revenue is expected to be £132,000 over a twelve-month period commencing February 2017, hence just under half of it is likely to be recognised in the company's current financial year.