ImmunoPrecise jumps after AI peptides beat semaglutide in lab tests
Shares of biotech firm ImmunoPrecise Antibodies IPA.O rise 17.5% to $70 premarket
IPA says it has used AI to design new peptides that are as effective as or better than semaglutide, a popular drug for treating diabetes, in lab test
Two of their five engineered peptides matched or exceeded semaglutide's performance in receptor activation tests
Co's proprietary tech, called HYFT and LENSai, uses mathematical patterns to design peptides that are stable, effective and biologically active
IPA says it is planning to test the peptides in animal models and explore different ways of delivering them to patients, such as injections or skin patches
Semaglutide, sold by Danish drugmaker Novo Nordisk NOVOb.CO, is the active ingredient in Ozempic and Wegovy to treat diabetes and obesity
As of last close, IPA's stock was up 45.8% YTD
Recommended Articles













Comments (0)
Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.