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Lunai Bioworks (NASDAQ:LNAI), formerly known as Renovaro Inc., has unveiled its new corporate identity alongside a 10:1 reverse stock split that reduces outstanding shares from 231.8 million to 23.2 million. The company's rebranding reflects its strategic focus on AI-powered drug discovery and biodefense.
Key developments include the launch of a proprietary transformer-based platform for neurotoxicity intelligence, advancement of a preclinical Parkinson's Disease biomarker program through subsidiary BioSymetrics, and securing a multi-year NIH STTR grant. The company's Augusta platform aims to advance precision neurology through AI-integrated therapeutics and biomarker intelligence.
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