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CDT Equity Notes Sarborg Expansion into Bacteria and Agrochemicals
Globenewswire· 2026-02-24 13:30
NAPLES, Fla. and CAMBRIDGE, United Kingdom, Feb. 24, 2026 (GLOBE NEWSWIRE) -- CDT Equity Inc. (Nasdaq: CDT) (“CDT” or the “Company”), today notes the announcement issued this morning by Sarborg Limited regarding the expansion of its proprietary AI Signature Agent platform beyond pharmaceuticals into bacteria and agrochemicals. CDT holds a significant 20% equity stake in Sarborg and views this expansion as a meaningful strategic development in the continued evolution of Sarborg’s cross-industry signature int ...
CDT Acquires Strategic Stake in Sarborg to Transform its AI-Driven Asset Strategy
Globenewswire· 2026-02-20 13:30
Core Viewpoint - CDT Equity Inc. has announced a strategic transaction to acquire a 20% equity stake in Sarborg Limited, enhancing collaboration and growth opportunities for both companies [1][3][4]. Group 1: Strategic Transaction - The acquisition formalizes and deepens the existing collaboration between CDT and Sarborg, which has already supported the evaluation of CDT's clinical assets through Sarborg's AI capabilities [2][3]. - The total consideration for the acquisition is $115 million, to be settled through the issuance of 598,005 new common stock in CDT and 109,978,918 pre-funded warrants, pending shareholder approval [5]. Group 2: Business Synergies - Sarborg's business focuses on using biological, chemical, and industrial signatures as a universal data language to identify and generate high-value opportunities, which aligns with CDT's focus on solid-form development [2][3]. - The transaction provides CDT shareholders with exposure to Sarborg's growth beyond pharmaceuticals, allowing for broader participation in sectors where signature analysis can be applied [4]. Group 3: Leadership Perspective - Dr. Andrew Regan, CEO of CDT, emphasized that acquiring a stake in Sarborg strengthens their relationship and aligns with a business whose innovative approach is complementary to CDT's own [5].
Conduit Pharmaceuticals Files New Patents Following AI-Driven Combination Discoveries
Globenewswire· 2025-07-07 12:30
Core Insights - Conduit Pharmaceuticals has filed four new patent applications for its key assets AZD1656 and AZD5658, marking the first patent filings for AZD5658, which significantly expands the company's intellectual property portfolio [1][6] - The new patents are based on combinations of Conduit's lead assets with existing therapies, identified through AI-led analysis in collaboration with Sarborg Limited, enhancing the company's ability to generate novel, data-driven intellectual property [2][6] - The Chief Scientific Officer of Conduit Pharmaceuticals emphasized that these filings validate the progress made through the partnership with Sarborg, uncovering therapeutic combinations with substantial commercial potential [3] Company Overview - Conduit Pharmaceuticals is a clinical-stage life science company that employs an efficient model for compound development, focusing on acquiring and funding Phase 2-ready assets [4] - The company utilizes a platform-driven approach powered by artificial intelligence and cybernetics, aiming for exits through third-party licensing deals after successful clinical trials [4] - The leadership team includes experienced executives such as Dr. Andrew Regan and Dr. Freda Lewis-Hall, indicating a strong foundation for the company's innovative approach [4]
Conduit Pharmaceuticals Expands Partnership with Sarborg Limited to Leverage Machine Learning Data Analysis for Pipeline Optimization
Newsfilter· 2025-04-07 12:30
Core Insights - Conduit Pharmaceuticals has expanded its partnership with Sarborg to utilize advanced machine learning for analyzing clinical data from AstraZeneca-acquired assets, aiming to optimize development pathways and uncover new insights [1][2] Group 1: Partnership Details - The new agreement allows Sarborg to apply its proprietary machine learning algorithms to analyze Conduit's clinical and safety data, focusing on identifying missed insights and potential drug repurposing opportunities [2] - The collaboration includes a non-exclusive, non-transferable license for Conduit to access Sarborg's advanced algorithmic platform for six months, building on an existing Services Agreement [3] Group 2: Strategic Goals - The partnership aims to re-evaluate historical clinical trial data to identify specific patient subgroups that may have shown therapeutic benefits, which could refine Conduit's future clinical development strategy [2] - Dr. David Tapolczay, CEO of Conduit Pharmaceuticals, emphasized the commitment to leveraging data science to maximize the potential of their pipeline, particularly for key assets like AZD1656 [4] Group 3: Company Overview - Conduit Pharmaceuticals is a clinical-stage life science company focused on an efficient model for compound development, acquiring and funding Phase 2-ready assets while utilizing AI and cybernetics [4] - The company aims for exits through third-party license deals following successful clinical trials, representing a departure from traditional pharma/biotech business models [4]