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IXICO wins £1.3M contracts, nearing full revenue coverage for 2026 with Alzheimer's and Huntington's projects

Market News
21 May 2026
Proactive Investors
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Bullish
pluang ai news

IXICO PLC secured £1.3 million in new contracts, including an Alzheimer's biomarker validation and an extension of a Huntington's disease clinical trial. These wins bring IXICO's order book close to fully covering its £7.5 million revenue forecast for the year ending September 2026. The Alzheimer's contract supports FDA clearance for a new diagnostic test, while the Huntington's extension adds new analysis methods, highlighting strong client ties. Despite ongoing losses due to investments, IXICO's broker forecasts 15% revenue growth this year and 20% next year, with improved margins and a strong cash position after a recent fundraise.

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