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How Algorae’s AI Upgrade and $3M Funding Could Transform Cancer Drug Discovery
9:08am on Wednesday 28th of January, 2026 AEDT
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Healthcare
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How Algorae’s AI Upgrade and $3M Funding Could Transform Cancer Drug Discovery
9:08am on Wednesday 28th of January, 2026 AEDT
Key Points
Signed distribution deal with Dr. Reddy’s for Capecitabine chemotherapy
Launched AlgoraeOS v2, outperforming leading AI drug discovery models
Completed independent validation of AlgoraeOS v1 at Peter MacCallum Cancer Centre
Secured $3 million debt facility to accelerate commercial scaling
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ALGORAE PHARMACEUTICALS (ASX:1AI)
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