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AITTF (Trenchant Technologies Capital) is an investment issuer focusing on disruptive technologies like Artificial Intelligence and Quantum Computing. AITT recently acquired a 20% stake in GNQ Insilico, a leader in AI-driven digital twins technology for drug discovery.
Trenchant Technologies Capital Corp. (CSE: AITT, OTC: AITTF) has closed its non-brokered private placement financing, generating $100,000 in gross proceeds. The company issued 400,000 units, each comprising one common share and one purchase warrant, allowing the holder to acquire an additional share at $0.50 within two years. The funds raised will be allocated to general working capital purposes. Securities from the offering are subject to a hold period of four months and one day.
GNQ Insilico has announced promising results from its AI-driven, genomics-based digital twin platform. This platform simulates human patients at a cellular level to predict drug interactions. The successful virtual trial used an existing infertility drug on digital twins, offering insights into optimizing clinical trial designs and reducing costs. GNQ's innovative technology could significantly improve drug discovery and development, reducing the typical 90% failure rate and high costs associated with bringing new drugs to market. The company's CTO emphasized the potential for this platform to refine trial design for specific patient groups before actual clinical trials.
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