RSS Conduit Collaborates With Sarborg To Facilitate Drug Development, Stock Up In Pre-Market

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 RSS Conduit Collaborates With Sarborg To Facilitate Drug Development, Stock Up In Pre-Market

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Conduit Pharmaceuticals Inc. (CDT) announced on Thursday that it has entered into a strategic partnership with Sarborg Ltd. The collaboration aims to advance drug development using an innovative platform that integrates artificial intelligence and cybernetics.

With this alliance, the San Diego-based firm anticipates improvements in efficiency, cost reduction, and expedited project timelines by decreasing the need for human intervention, ultimately optimizing the drug development process.

Notably, during pre-market trading hours, Conduit’s stock price saw a significant increase of 23.90%, reaching $0.11 on the Nasdaq.

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