BullFrog AI leaps on Johns Hopkins licensing deal
04/04/2023 15:18
** Shares of digital tech firm BullFrog AI Holdings Inc
BFRG.O jump as much as 102.6% to $9.50, highest since their
Feb debut, after licensing deal
** BFRG announces worldwide agreement with Johns Hopkins
University Applied Physics Laboratory (APL) for use of patented
artificial intelligence technology powering co's bfLEAP platform
** Co says its bfLEAP platform analyzes drug development
data to potentially make life-saving therapies and treatments
available to patients more quickly
** Johns Hopkins on Mar 29 said it licensed two powerful
machine-learning tools — named Prometheus and Seagull - to BFRG
** BFRG shares last up 79.1% at $8.40. Over 23 mln shares
have exchanged hands on Tues
** Shares have now tripled amid 4-session winning streak. Co
went public on Feb 14 after IPO of ~1.3 mln units priced at
$6.50
** BFRG among top trending tickers on retail-investor social
media forum Stocktwits.com
(Lance Tupper is a Reuters market analyst. The views expressed
are his own)
((lance.tupper@thomsonreuters.com
lance.tupper@tr.com 1-646-279-6380))