Welcome to our dedicated page for Bullfrog AI Holdings news (Ticker: BFRG), a resource for investors and traders seeking the latest updates and insights on Bullfrog AI Holdings stock.
Bullfrog AI Holdings, Inc. (NASDAQ: BFRG) is a dynamic clinical-phase biotechnology company that leverages the power of artificial intelligence and machine learning to advance medical research and improve human health. The company's proprietary platform, bfLEAP™, addresses the challenges of scalability and flexibility in data analysis, offering researchers and clinicians a more precise, multi-dimensional understanding of complex biological data.
Bullfrog AI's core business involves utilizing its AI-driven platform to enhance drug development for both internal projects and collaborations with external partners. The company stands at the forefront of AI-driven drug development, using its technology to create and analyze networks of biological, clinical, and real-world data. This innovation spans from early discovery stages to late-stage clinical trials, aiming to streamline data analytics in therapeutic development, thereby reducing failure rates and development costs.
One of the company's recent significant achievements includes a collaboration with the Lieber Institute for Brain Development (LIBD). This partnership successfully stratified brain expression data from over 2,800 brain samples, offering novel insights into psychiatric conditions such as schizophrenia, bipolar disorder, and major depressive disorder. Through advanced graph analytics and causal AI, this collaboration identified potential molecular subtypes, biomarkers, and drug targets for these conditions.
Financially, Bullfrog AI recently conducted a public offering of 1,507,139 shares of common stock, priced at $3.782 per share, raising approximately $5.7 million before underwriting discounts and offering expenses. WallachBeth Capital LLC acted as the sole book-running manager for this offering, which is expected to close on February 5, 2024, subject to customary closing conditions.
For more information:
- Website: bullfrogai.com
- LinkedIn: Bullfrog AI on LinkedIn
- Investor Contact: Dave Gentry, RedChip Companies, Inc., BFRG@redchip.com, 800-733-2447
BullFrog AI Holdings (NASDAQ: BFRG) has appointed Josh Blacher as its new Chief Financial Officer, following the passing of former CFO Dane Saglio. Blacher brings over two decades of experience in strategic finance and corporate development for life science and biotech companies. His background includes roles as CFO at Predictive Oncology, Rampart Bioscience, Excision BioTherapeutics, and senior positions at Teva Pharmaceuticals.
Blacher, who holds a BA in Economics from Yeshiva University and an MBA from Columbia Business School, will focus on strengthening the company's balance sheet, financial operations, and supporting strategic initiatives. His expertise includes SEC reporting, investor relations, and experience with both private and public companies.
BullFrog AI (NASDAQ: BFRG; BFRGW) announced that its VP of Artificial Intelligence, Dr. Enrique García-Rivera, will present at Google's inaugural Cancer AI Symposium on October 30, 2024, in Boston. The presentation will showcase BullFrog AI's use of AI in drug discovery and development, focusing on their proprietary bfLEAP™ platform. This platform integrates multimodal biological data to accelerate drug development, particularly in cancer research.
Dr. García-Rivera will highlight the company's collaboration with the Lieber Institute for Brain Development, demonstrating bfLEAP™'s versatility across various therapeutic areas. He will also introduce BullFrog AI's novel 'AlgoLLM' system for gene prioritization, which uses large language models to streamline the discovery of actionable insights in neuropsychiatric disorders and other diseases.
WallachBeth Capital announced the closing of BullFrog AI Holdings, Inc. (NASDAQ:BFRG; BFRGW) registered direct offering and concurrent private placement. The offering included:
- 1,565,000 shares of common stock (or equivalents)
- Common warrants to purchase up to 1,565,000 shares
- Combined purchase price of $2.00
- Gross proceeds of approximately $3.13 million
The warrants have an exercise price of $2.00 per share, are exercisable after six months, and expire five years from the initial exercise date. WallachBeth Capital, acted as sole placement agent for the offering.
BullFrog AI Holdings, Inc. (NASDAQ:BFRG; BFRGW) has closed a previously announced definitive agreement for a registered direct offering and concurrent private placement. The company sold an aggregate of 1,565,000 shares of common stock (or equivalents) and warrants to purchase up to 1,565,000 shares at a combined price of $2.00. The gross proceeds from the offering are expected to be approximately $3.13 million.
The warrants have an exercise price of $2.00 per share, are initially exercisable six months from issuance, and will expire five years from the initial exercise date. WallachBeth Capital, acted as the sole placement agent for the offering. The shares and pre-funded warrants were issued under an effective shelf registration statement, while the common warrants were offered through a private placement.
WallachBeth Capital announced that BullFrog AI Holdings, Inc. (NASDAQ: BFRG; BFRGW) has entered into a definitive agreement for a registered direct offering and concurrent private placement. The offering includes:
- 1,565,000 shares of common stock (or equivalents)
- Common warrants to purchase up to 1,565,000 shares
- Combined purchase price of $2.00
- Warrant exercise price of $2.00 per share
The gross proceeds are expected to be approximately $3.13 million. The closing is anticipated around October 21, 2024. WallachBeth Capital, is acting as the sole placement agent for this offering.
BullFrog AI Holdings, Inc. (NASDAQ:BFRG; BFRGW) has announced a registered direct offering and concurrent private placement for aggregate gross proceeds of $3.13 million. The offering includes:
- 1,565,000 shares of common stock (or equivalents)
- Common warrants to purchase up to 1,565,000 shares
- Combined purchase price of $2.00
- Warrant exercise price of $2.00 per share
The warrants will be initially exercisable six months from issuance and expire five years from the initial exercise date. The offering is expected to close around October 21, 2024. WallachBeth Capital, is acting as the sole placement agent for the offering.
BullFrog AI (NASDAQ: BFRG; BFRGW) has appointed Dr. John Baldoni to its Scientific Advisory Board. Dr. Baldoni brings over 40 years of pharmaceutical industry experience, including 29 years in R&D at GSK where he served as Senior Vice President of Platform and Technology Sciences. He is the co-founder of the Accelerating Therapeutics for Opportunities in Medicine (ATOM) consortium and former Chair of the Executive Committee of the Alliance for Artificial Intelligence in Healthcare.
Vin Singh, CEO of BullFrog AI, stated that Dr. Baldoni's experience in pharmaceutical R&D and leadership in technology-driven drug discovery will provide valuable insights for the commercialization of their bfLEAP™ platform. Dr. Baldoni expressed excitement about collaborating with BullFrog AI, recognizing the potential of the bfLEAP™ platform to transform complex biological data analysis in drug discovery and development.
BullFrog AI Holdings (NASDAQ: BFRG) announced new research supporting the potential of its drug candidate BF-114 in treating liver diseases. The study, published in Cell Reports and led by Dr. Lopa Mishra, provides evidence for the role of β2-spectrin in obesity, MASLD, MASH, and HCC. Key points:
- BF-114 targets β2-spectrin and may prevent liver disease progression
- Research strengthens the scientific foundation for BF-114
- BullFrog AI plans to use its AI platform to analyze single-cell data for further insights
- Dr. Mishra joins BullFrog AI's Scientific Advisory Board
The company aims to leverage these findings to advance BF-114's development and explore additional therapeutic applications.
BullFrog AI Holdings (NASDAQ: BFRG; BFRGW), a leader in AI-driven drug discovery, has announced its participation in the H.C. Wainwright 26th Annual Global Investment Conference in New York City. The company's CEO, Vin Singh, will deliver a presentation that will be available on demand starting September 9, 2024, at 7:00am ET. Interested parties can access live and archived webcasts of the event through BullFrog AI's investor relations website at investors.bullfrogai.com. This participation provides an opportunity for the company to showcase its advancements in AI-driven drug discovery to a global investment audience.
BullFrog AI Holdings, Inc. (NASDAQ: BFRG) has announced significant progress in its collaboration with the Lieber Institute for Brain Development (LIBD) to uncover new insights into bipolar disorder (BD) pathways and potential drug targets. The research has identified specific molecular pathways associated with BD, enabling the discovery of new candidate drug targets.
Key findings include:
- Significant enrichment in 6 out of 68 clusters from the LIBD brain dataset
- Two substantially enriched clusters in the Dentate Gyrus
- One specific cluster associated with BD in the Dorsolateral Prefrontal Cortex
- Potential dysregulation of pro-inflammatory pathways
- Identification of novel pathways significant to BD pathophysiology
BullFrog AI is now focusing on validating these findings in wet lab settings and engaging with pharmaceutical partners to advance these discoveries.
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