Shuttle to Enter $3.24 Billion AI Pharmaceutical Market
1. Shuttle Pharma announces a non-binding letter of intent to acquire Molecule.ai. 2. Molecule.ai's AI platform accelerates drug discovery for pharmaceutical companies. 3. Acquisition aims to enhance Shuttle's capabilities in radiation therapy development. 4. The deal entails $10 million in cash and shares for Molecule.ai's assets. 5. Innovations from Molecule.ai promise to reduce drug development costs and timelines.