Welcome to our dedicated page for Predictive Oncology news (Ticker: POAI), a resource for investors and traders seeking the latest updates and insights on Predictive Oncology stock.
Predictive Oncology Inc. (NASDAQ: POAI), which is changing its corporate name to Axe Compute Inc. with an expected ticker transition to AGPU, generates news at the intersection of AI‑driven oncology, capital markets activity, and digital asset‑enabled AI infrastructure. Company announcements emphasize its use of artificial intelligence and machine learning to expedite early drug discovery and enable drug development for cancer patients, as well as its newer digital asset treasury strategy focused on ATH, the native utility token of the Aethir network.
News updates frequently cover financial results and corporate updates, including quarterly earnings releases, shareholder letters, and discussions of operating performance. These communications often describe progress in validating proprietary technologies, such as the PEDAL AI platform and the ChemoFx live‑cell tumor profiling assay, along with efforts to expand the availability of ChemoFx in the United States and prepare for a de novo launch in Europe.
Investors following POAI can also expect transaction and financing news, such as private placements involving cash and digital assets, reverse stock split announcements, at‑the‑market offering updates, and standby equity purchase agreements. Recent disclosures describe substantial private investment in support of the company’s digital asset treasury strategy, as well as Nasdaq compliance updates related to stockholders’ equity and bid price requirements.
Another recurring theme in the news flow is strategic partnerships and governance developments. Examples include the strategic collaboration with Every Cure on drug repurposing, collaborations related to 3D liver toxicity models, and appointments of new board members and senior leaders to support the digital asset treasury and AI initiatives. Updates on the evolution of the company’s business model, including the creation of a Strategic Compute Reserve through ATH holdings on the Aethir ecosystem, are also highlighted.
For readers and investors, the POAI news page provides a consolidated view of these developments, allowing closer tracking of the company’s oncology‑focused AI activities, its digital asset strategy, and key regulatory and listing milestones.
Predictive Oncology (Nasdaq: POAI) reported financial results for Q1 2024, revealing a net loss of $4.2 million on revenue of $0.4 million. The company highlighted key advancements, including the acceptance of a study at the ASCO Annual Meeting, a collaboration with Fujifilm, and progress with FluGen's flu vaccine project. Revenue increased from $239,895 in Q1 2023 to $419,646 in Q1 2024. However, expenses also grew, leading to a higher net loss per share of $(1.04) compared to $(0.86) the previous year. Cash reserves decreased to $5.2 million from $8.7 million at the end of 2023. Gross profit margin improved to 55% from 50% year-over-year.
Predictive Oncology Inc. (NASDAQ: POAI) will report its financial results for the first quarter ended March 31, 2024 on Wednesday, May 15, 2024. The company, known for leveraging AI and machine learning in oncology drug discovery, will host a corporate update conference call and webcast at 8:30 a.m. ET.
Predictive Oncology Inc. announces a collaboration with FluGen to develop a first-of-its-kind intranasal flu vaccine, funded by a $6.2 million Phase 2B grant from the DoD. Predictive Oncology's biologics team will work on creating a stable and soluble formulation for the vaccine, addressing the need for longer shelf-life and global distribution. The project aims to enhance the stability of FluGen's M2SR flu vaccine, enabling advanced clinical trials and promising outcomes.
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