Drug Development - Truenewj

This Stock Could Be Your Ticket to Millionaire Status

This $4 Stock Could Be Your Ticket to Millionaire Status

amefika4 months ago03 mins

What is the best next use of artificial intelligence (AI)? Many people would say drug development. And arguably they would be right. However, that’s not something for the future, when AI becomes more refined. Recursion Pharmaceuticals (NASDAQ:RXRX) He’s doing it right now. Its platform called Recursion OS leverages 65 petabytes (65 million gigabytes) of chemical…

Labcorp cuts research unit’s growth prospects as biotech funding crisis persists

amefika7 months ago02 mins

By Puyaan Singh and Sahil Pandey (Reuters) -Labcorp on Tuesday forecast lower annual revenue growth for its contract research unit as a prolonged funding crisis continues to weigh on its early-stage drug development clients. Contract research firms have witnessed reduced spending from biotech clients over the past two years. The funding crisis, which was expected…