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 story : Sanofi, Exscientia sign development deal worth up to .2 billion #FinanceUSA #StockMarketNEWS Shares of Exscientia jumped 14.3% in premarket trading on Friday after it announced a deal with Sanofi

@stockMarketNEWS 8 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

Sanofi, Exscientia sign development deal worth up to .2 billion #FinanceUSA #StockMarketNEWS
Shares of Exscientia jumped 14.3% in premarket trading on Friday after it announced a deal with Sanofi to develop up to 15 new oncology and immunology drug candidates using Exscientia's artificial intelligence platform. Sanofi's stock was up 0.8%. As part of the agreement, Sanofi will pay Exscientia an upfront payment of 0 million. Additional milestone payments are worth up to .2 billion. So far this year, Exscientia's stock is down 7.9%, while Sanofi shares are down 1.0%. The broader S&P 500 is down 1.4% for the year.


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