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0 0.0001601537475977 -0.00266922912662823 -0.001601537475977 -0.0003203074951954 -0.000373692077728067 0.00106769165065123 0.00266922912662823
Stock impact report

AstraZeneca to acquire Modella AI to speed oncology drug research [Yahoo! Finance]

AstraZeneca PLC - American Depositary Shares (AZN) 
Last astrazeneca plc - american depositary shares earnings: 2/5 04:00 pm Check Earnings Report
US:NYSE Investor Relations: astrazeneca.com/investor-relations.html
Company Research Source: Yahoo! Finance
The companies did not disclose financial terms. In a press release, Modella AI said its "foundation ?models" and AI agents would be integrated into oncology research and development to support clinical development and biomarker discovery. "Oncology drug development is becoming more complex, more data-rich and more time-sensitive," said Gabi Raia, Modella AI's chief commercial officer, adding that ?joining AstraZeneca would allow ?it to deploy its tools in global trials and clinical settings. AstraZeneca said that this was the first acquisition of an ?AI firm by a big pharmaceutical company. In an interview at the JP Morgan Healthcare Conference, AstraZeneca Chief Financial Officer Aradhana Sarin said the acquisition would "supercharge" the company's quantitative pathology ?and biomarker discovery efforts by bringing more data and AI capabilities in-house. The ?deal was one of a number of pacts between major drug firms and AI companies that were unveiled at the healthcare conf Show less Read more
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