Exscientia Plc (EXAI) has released an update.
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Exscientia Plc has announced its acquisition of full rights to a promising CDK7 inhibitor, GTAEXS617, from GT Apeiron, with phase 1/2 clinical trial data expected in the latter half of 2024 and a combination study to follow soon after. The drug, designed using AI, shows potential in treating various advanced solid tumors and could significantly improve treatment options for cancer patients. Exscientia’s financial commitment includes an upfront payment and royalties, maintaining a solid cash runway projected to last into 2027.
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