BUZZ-Tevogen Bio jumps on expanded Microsoft AI collaboration
ReutersJan 27, 2025 11:53 AM
Shares of drug developer Tevogen Bio TVGN.O rise ~48% to $2 premarket
On Friday, TVGN said it is expanding its partnership with Microsoft MSFT.O to use AI to improve its immunotherapy treatments
Co's proprietary tech, PredicTcell, will be developed on Microsoft's Azure cloud platform to identify precise T-cell targets - TVGN
TVGN said it is also using MSFT's AI tools and Azure cloud platform to proactively investigate potential treatments for human papillomavirus - viral infection that can cause genital warts and certain types of cancer
Last year, TVGN announced its partnership with Microsoft, and its shares surged to ~54%
TVGN fell 90.7% in 2024
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