Predictive Oncology Acquires zPREDICTA
This post was published on 3 May 2022 and updated on 20 October 2022.
In this chapter of our ongoing series of Portfolio Updates, we take a look at the journey of biotech company zPREDICTA from its capital raising on the Propel(x) platform to its acquisition by the publicly listed company Predictive Oncology (POAI).
zPREDICTA is an innovative biotech company focused on applying Artificial Intelligence (AI) to develop personalized cancer therapies to deliver effective treatments and improve patient outcomes. The company is a leader in the field of tumor-specific 3D cancer cell models for in vitro testing of anti-cancer therapeutics. Their cell culture models are specific to the disease and the target tissue, which can improve predictive analytics.
After ongoing success developing their innovative technology, zPREDICTA caught the attention of publicly listed company Predictive Oncology. Fast forward to the end of 2021, and that interest culminated in the acquisition of zPREDICTA by Predictive Oncology. You can read more about the acquisition in the press release headlined The Value That zPREDICTA Brings to Predictive Oncology.
Propel(x) seed investors shared in a liquidity event when the acquisition was completed for an undisclosed sum.
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