Kala Bio rises as it launches AI product for biotech industry

KALA BIO

11/03/2026 10:41

Corrects company descriptor to biotech in bullet 1

** Shares of biotech Kala Bio KALA.O rise 41% to 41 cents premarket

** Co says it will launch its first commercial AI platform, "Researgency.ai", in about two weeks, expanding beyond drug development

** KALA's Researgency.ai is designed to automate routine biotech tasks such as paperwork, compliance work and research monitoring

** Co says first custom AI agent will be delivered in 14 days and expects recurring revenue from the platform

** Launch marks shift to a dual model combining its biologics pipeline with a scalable AI service, co says

** Shares down ~92% in 2025

 (Reporting by Sahil Pandey in Bengaluru)

 ((Sahil.Pandey@thomsonreuters.com))