Predictive Oncology Secures $10M Equity Agreement to Advance AI-Driven Cancer Drug Discovery
- Predictive Oncology Inc. has entered into a $10 million standby equity purchase agreement with Yorkville Advisors to fund AI-driven drug discovery and repurposing initiatives.
- The company's PEDAL AI platform demonstrates 92% accuracy in predicting tumor response to drug compounds, enabling more informed drug-tumor combination selection.
- The flexible funding arrangement allows Predictive Oncology to control timing and amount of stock sales without minimum commitments or operational restrictions.
- The partnership aims to accelerate drug discovery, biomarker discovery, and business development opportunities with leading biopharmaceutical companies.