Exscientia Plc (EXAI) has released an update.
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Shareholders of Recursion and Exscientia have overwhelmingly approved a merger, expected to be finalized on November 20, 2024. This merger aims to combine Recursion’s biological and chemical mapping expertise with Exscientia’s AI-driven molecular design to accelerate drug discovery. Investors and market watchers anticipate this strategic move could enhance drug development efficiency and potentially transform the biopharmaceutical landscape.
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