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Published 1 month ago

iBio and AstralBio Announce Transformative AI drug discovery Collaboration to Rapidly Develop Novel Antibodies for Obesity and Cardiometabolic Diseases - iBio (AMEX:IBIO)

Summary by Ground News
iBio to use its patented generative AI/Machine Learning platform to discover, engineer and develop obesity-focused therapeutic targets. $15M PIPE financing, announced yesterday, extends cash runway through fiscal year 2025 and provides support for collaboration. Company to host webcasted conference call today at 8:30 a.m. EDT to discuss AstralBio collaboration.

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