Renovaro BioSciences CEO Releases Shareholder Letter
LOS ANGELES, CA - (NewMediaWire) - October 04, 2023 - (InvestorBrandNetwork via NewMediaWire) - IBN, a multifaceted financial news, content creation and publishing company, is utilized by both public and private companies to optimize investor awareness and recognition.
Renovaro BioSciences (NASDAQ: RENB) (formerly NASDAQ: ENOB), an advanced, preclinical biotechnology firm in cell, gene and immunotherapy focused on solid tumors with short life expectancy, is sharing a shareholder letter from Renovaro CEO Mark R. Dybul, MD. In the letter, Dybul provides information about the definitive agreement the company recently signed with artificial intelligence company GEDiCube. In the letter, Dybul noted that the two companies decided to combine in order to accelerate a shared mission to transform medicine and promote healthy longevity through the synergistic applications of advanced AI technology and pioneering biotherapeutics. Dybul noted that he anticipates serving as CEO of the combined company.
The letter notes that the combined company will bring together two innovative platforms in AI and biotherapeutics that will offer comprehensive solutions spanning early cancer detection, diagnostic insights and targeted immunotherapies. Renovaro's expertise is an advanced immunotherapy platform focused initially on deadly solid tumor cancers that have seen only slightly improved survival rates while GEDiCube brings an award-winning AI technology that has already exhibited potential to detect lung cancer early with 95% accuracy by analyzing complex molecular data. "By joining forces, our two technology divisions will collaborate to push new boundaries in precision diagnostics and targeted treatments," said Renovaro BioSciences CEO Mark R. Dybul, MD, in the press release. "At the same time, we will maintain nimble independent operations, allowing each platform to advance rapidly. I am excited to lead this combined company alongside our esteemed leadership team and board members, who offer unparalleled experience across AI, healthcare, and biotechnology. We share an ambitious vision to leverage AI to improve patient outcomes by detecting diseases sooner and matching treatments more precisely to the individual. We believe that the coming months will be exciting as we prepare to realize this combination's potential and deliver on our commitment to shareholders."
To view the full shareholder letter, visit https://ibn.fm/EeC8Y
About Renovaro BioSciences Inc.
Renovaro BioSciences has developed advanced cell, gene and immunotherapy platforms designed to renew the body's natural tumor-fighting capabilities against cancer and infectious diseases. For more information about the company, visit www.RenovaroBio.com.
NOTE TO INVESTORS: The latest news and updates relating to RENB are available in the company's newsroom at https://ibn.fm/RENB
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