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Exscientia Priced, Nasdaq: EXAI

Develops and licenses therapies designed with its AI drug discovery platform.

Industry: Health Care

Latest Trade: $4.84 0.00 (0.0%)

First Day Return: +23.2%

Return from IPO: -78.0%

Industry: Health Care

We are an artificial intelligence-driven pharmatech company committed to discovering, designing and developing the best possible drugs in the fastest and most effective manner. Our goal is to change the pharmaceutical industry’s underlying pharmacoeconomic model, what we call "Shifting the Curve", by improving the probability of success, time and cost involved with creating new medicines. Our pipeline demonstrates our ability to rapidly translate scientific concepts into precision-designed therapeutic candidates. We have built a complete end-to-end solution of artificial intelligence, or AI, and experimental technologies for target identification, drug candidate design, translational models and patient selection. Our platform has enabled us to design candidate drug molecules that have progressed into clinical trials as well as to provide patients with potentially more applicable drug therapies through AI guided assessment. Our patient-first AI process is comprised of the following four elements: Precision Target, Precision Design, Precision Experiment, and Precision Medicine. Our AI-design capabilities include a wide range of deep-learning and machine-learning algorithms, generative methods, active learning and natural language processing. These methods are used to guide target selection, to design the precise molecular architecture of potential drug molecules and to analyse patient tissues to prioritise the molecules that are likely to provide the best response for an individual’s specific tumour.
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IPO Data
IPO File Date 09/10/2021
Offer Price $22.00
Price Range $20.00 - $22.00
Offer Shares (mm) 13.9
Deal Size ($mm) $305
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/30/2021
Offer Price $22.00
Price Range $20.00 - $22.00
Offer Shares (mm) 13.9
Deal Size ($mm) $305
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
Morgan Stanley
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Company Data
Headquarters Oxford, United Kingdom
Founded 2012
Employees at IPO 208
Website www.exscientia.ai

Exscientia (EXAI) Performance