Exscientia Receives $2.3M Open Philanthropy Grant to Explore New Therapeutic Approach for Pandemic Influenza
Portfolio Pulse from Benzinga Newsdesk
Exscientia plc (NASDAQ:EXAI) has been awarded a $2.3 million grant from Open Philanthropy to explore a new therapeutic approach for pandemic influenza, focusing on the activation of the host interferon response.
December 05, 2023 | 12:04 pm
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Exscientia plc has received a significant grant to pursue innovative influenza treatment, potentially boosting its research profile and investor interest.
The grant from Open Philanthropy is likely to have a positive impact on Exscientia's stock in the short term as it provides financial resources for research and development in a critical area of global health. This news could increase investor confidence in the company's potential for innovation and growth in the biotechnology sector.
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