BullFrog AI rises on expanded licensing deal with Johns Hopkins University

Bullfrog AI Holdings

05/06/2023 12:19

** Shares of digital tech firm BullFrog AI Holdings Inc
shares  BFRG.O  rise 10.8% to $5.2 before the bell 
    ** Co reports expansion of 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 
    ** The licensing deal between BFRG and Johns Hopkins was
first announced in early April 
    ** Johns Hopkins on March 29 said it licensed two powerful
machine-learning tools — named Prometheus and Seagull - to BFRG 
    ** Co's stock down about 28% from its IPO price of $6.50,
since its debut in mid-Feb

 (Reporting by Pratik Jain in Bengaluru)
 ((Pratik.Jain@thomsonreuters.com;))