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 (NASDAQ: BFRG; BFRGW), a technology-enabled drug development company using artificial intelligence (AI) and machine learning, announced its participation in the TechBio track at Biotech Showcase and RESI JPM during the JP Morgan Healthcare Conference in San Francisco from January 13–16, 2025.
At these events, BullFrog AI will present its proprietary BullFrog Data Networks®, powered by the bfLEAP™ platform. This tool analyzes high-dimension, multi-modal data in specific disease indications, offering a visual representation of previously unknown relationships and pathways. The platform integrates various data sources, including public datasets like the Human Cell Atlas (HCA) and The Cancer Genome Atlas (TCGA), as well as proprietary data.
The BullFrog Data Networks® address the challenge of turning complex datasets into actionable insights, aiding in target identification, understanding mechanisms of action, optimizing clinical trials, and drug repurposing. The platform aims to reduce timelines and improve outcomes in drug development by providing intuitive visual insights and streamlining development processes.
BullFrog AI Holdings (NASDAQ: BFRG) released a stockholder letter highlighting key achievements in 2024. The company enhanced its bfLEAP™ platform by integrating new AI technologies licensed from Johns Hopkins University. Through collaboration with the Lieber Institute for Brain Development, they identified novel drug targets for neuropsychiatric disorders. Their research on BF-114 showed promise in treating obesity and liver diseases, while BF-223 secured additional patent protection for oncology applications.
The company strengthened its leadership by adding Dr. Thomas W. Chittenden as CSO and Dr. John Baldoni to the Scientific Advisory Board. BullFrog AI raised $8.83 million through two equity offerings in 2024, maintaining a strong cash position for future growth initiatives.
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.
FAQ
What is the current stock price of Bullfrog AI Holdings (BFRG)?
What is the market cap of Bullfrog AI Holdings (BFRG)?
What does Bullfrog AI Holdings, Inc. do?
What is bfLEAP?
What are Bullfrog AI's recent achievements?
How does Bullfrog AI's technology benefit drug development?
What financial activities has Bullfrog AI recently conducted?
Who managed Bullfrog AI's recent public offering?
How does Bullfrog AI collaborate with other institutions?
What is the focus of Bullfrog AI's collaboration with the Lieber Institute for Brain Development?
Where can I find more information about Bullfrog AI?
Who is the investor contact for Bullfrog AI?
