The PennZone

  • Home
  • Business
  • Health
  • Construction
  • Financial
  • Arts
  • Automotive
  • Technology
  • Books

$15 Million in New Equity to Support Advanced Cancer Diagnostics, Personalized Immunotherapy, Treatments & Drug Discovery: Renovaro Stock Symbol: RENB
The PennZone/10296751

Trending...
  • Some Music for Donald's Bad Day
  • Hiclean Tools Releases HCX2100 Electric Pressure Washer
  • Essential Living Support Opens First VA Medical Foster Home in Cheyenne, Wyoming
GediCube Renovaro Biosciences NASDAQ; RENB Nasdaq Renb $RENB AI Healthcare $RENB Strategic Partners Renovaro, Inc. NASDAQ: RENB Corporate Ads
$RENB Collaboration with $NVDA to Employ NVIDIA AI Tech with Established GEDi CUBE as a Paradigm Shift for Early Disease Detection

LOS ANGELES - PennZone -- Developing AI and Biotechnology Platforms for Early Diagnosis, Better-Targeted Treatments and Drug Discovery.

Pioneer Leader in Cancer Diagnostics and Therapeutics Powered by Artificial Intelligence (AI).

$15 Million in New Equity Committed to accelerate Focus on Revolutionizing Healthcare via the Company's Established Strategies.

2025 Shareholder Update Issued from CEO.

Plans to Attend American Association for Cancer Research (AACR), The First and Largest Cancer Research Organization, Annual Meeting in April, 2025.

Funding Approval of LUMINA Minimal Residual Disease Detection Platform for Lung Cancer Harnessing Multi-omics Biomarkers and AI.

Entered Strategic Collaboration with Nebul to Advance a Paradigm Shift for Early Disease Detection.

Plans to Establish the Renovaro GEDi CUBE Next Generation Nvidia Blackwell Cluster with Nebul's Certified AI Healthcare Cloud Solutions.


Renovaro, Inc. (Stock Symbol: RENB) aims to accelerate precision and personalized medicine for longevity powered by mutually reinforcing AI and biotechnology platforms for early diagnosis, better-targeted treatments, and drug discovery. Renovaro Inc. includes RenovaroBio with its advanced cell-gene immunotherapy company and RenovaroCube that is leveraging AI for multi-omic diagnostics and drug development.

RENB RenovaroCube has developed an award-winning AI platform that is committed to the early detection of cancer and its recurrence and monitoring subsequent treatments. RenovaroCube intervenes at a stage where potential therapy can be most effective.

RENB RenovaroCube is a molecular data science company with a background in FinTech and a 12-year history. It brings together proprietary artificial intelligence (AI) technology, multi-omics, multi-modal data, and the expertise of a carefully selected multidisciplinary team to radically accelerate precision medicine and enable breakthrough changes in cancer care.

$15 Million in New Equity Committed

On February 26th RENB announced that it has $15 million in additional equity committed at a price per share of $1.00 and one privately placed cash warrant exercisable at $1.50 with a one year term.

More on The PennZone
  • The OpenSSL Corporation and the OpenSSL Foundation Celebrate the Success of the Inaugural OpenSSL Conference in Prague
  • TKL Group's New Factory Commences Production, Pioneering A New Era In Global Heavy Duty Truck Parts
  • Regulated Crypto Exchange TZNXG Addresses Core US Market Challenges with Compliance-First Infrastructure
  • GitKraken Launches Insights to Help Engineering Leaders Quantify AI Impact and Improve Developer Experience
  • ZapperBox NextGen TV Gateway Receiver Now Testing Support For Secure Whole-Home Content Distribution

David Weinstein, Chief Executive Officer of Renovaro, commented, "We believe this new capital now enables the company to accelerate our focus on revolutionizing healthcare by combining advanced diagnostic and personalized immunotherapy for early diagnosis, better-targeted treatments, and drug discovery."

Shareholder Letter and Corporate Update

On January 7th RENB issued a letter to shareholders from Chief Executive Officer David Weinstein. The letter contained the following commentary:

Dear Shareholders,

We have identified three areas as mission critical for building the point of care cancer detection, personalized therapy and vaccine business are: we need to acquire large amounts of data, build the business of clinical decision support for oncologists, and monetize our AI though building and licensing predictive models for drug repurposing and our cancer vaccine. We are meeting these three challenges through the acquisition of Predictive Oncology.

RENB recently signed a binding letter of intent to acquire Predictive Oncology (Stock Symbol: POAI) that will provide with a tremendous company-owned database consisting of 150,000 frozen / live tumor samples, 20 years of drug response data, 40,000 FFPE tissue blocks, 200,000 pathology slides and digital library, and a fully certified CLIA laboratory. RENB plans to commercialize Predictive's clinical support test that assists oncologists in selecting the best therapy for their patients, and deploy their multi-omic AI system for drug discovery known as PEDAL (Patient-centric Discovery by Active Learning), a platform that combines AI technology, drug response data, and a large biobank of tumor samples to predict how different tumors will respond to various drugs.

When RENB acquired GEDiCube, the rationale was that these two business segments were synergistic. This remains a core value proposition but for synergies to materialize requires structured collaboration between the two verticals: AI cancer detection and genetically enhanced cancer vaccines.  There are two business developments that RENB is pursuing.

Identifying a whole genome sequencer that can serve as the front end of RENB point of care cancer detection platform.

GEDiCube to deploy its AI/ML analysis to discover more genes and factors that can be deployed in RENB Dendritic Cancer Cell Vaccine (DCCV). Incorporating these new discoveries into RENB patent filings will build shareholder value by ringfencing the DCCV platform and providing the ability to partner or license specific cancer applications. This has the potential to enhance the core three elements RENB infuses into DCCV now, allowing it to become specific for cancer types, and ultimately be available as an off the shelf solution. In the future this could facilitate early cancer detection in a doctor's office followed by the treatment of a patient with our vaccine. To gain exposure for our DCCV and generate business development RENB will be attending the American Association for Cancer Research (AACR), the first and largest cancer research organization, Annual Meeting in April 2025.

More on The PennZone
  • Life as a Dog: P-Wave Press Brings Readers a Heartwarming Memoir of Love, Laughter and Companionship
  • NOYA Launches Premium, Design-Forward Training Gear That Belongs at the Center of Your Space
  • Research Defense Examines Violence, Illiteracy, Non-Active Fathers, and Low Self-Esteem Among Males
  • Investing in Greece: Your Definitive Real-Estate FAQ Guide
  • StreamBackdrops Launches Free HD Virtual Background Library for Remote Workers

To make its AI/ML powered early cancer detection tests a reality, RENB requires two vital components: the latest superpods to achieve the speed necessary to run trillions of calculations, and critical data and sample sets. RENB announced in late December 2024, a strategic collaboration with Nebul (www.nebul.com) that will provide that power. Additionally, Nebul is focused on healthcare and is ISO certified. The company has received a grant for the Lumina project that aims to deliver an advanced Minimal Residual Disease (MRD) detection platform for non-small cell lung cancer (NSCLC). This project provides RENB with 100 samples for immediate analysis followed by an additional 200 samples as they are generated and provides critical data.

Maurice van Tilburg, RENB Chairman, has decided to join full time as the CEO of the  AL/ML subsidiary, GEDiCube. Renovaro management, including Mr. van Tilburg.

Further strengthening the management team, RENB has brought Nathen Fuentes on board as CFO. On the corporate front, NASDAQ notified that the company is now in good standing.

For more information on $RENB visit: http://www.renovarobio.com and https://compasslivemedia.com/renb/

Media Contact
Company Name: Renovaro Inc. (Stock Symbol: RENB)
Contact Person: David Weinstein, CEO
Company Websites: www.renovarobio.com and  https://www.compasslivemedia.com/renb/
Email: ir@renovarobio.com
Phone:  732-780-5036
Home Country: United States

DISCLAIMER:  https://corporateads.com/disclaimer/

Disclosure listed on the CorporateAds website

Contact
Corporate Ads
***@gmail.com


Source: Corporate Ads
Filed Under: Business

Show All News | Report Violation

0 Comments
1000 characters max.

Latest on The PennZone
  • Hollywood In Pixels Celebrates the 8th Annual Silver Pixel Awards and Announces 2025 Campaign Pixel Winners Los Angeles, CA — Oct
  • Kallisti Publishing Founder to Share Expertise at Faith, Wealth & Love Summit
  • AGD Insurance Brokerage Launches Consulting Division to Expand Strategic Advisory Solutions
  • Physician Calls for States Nationwide to Ensure ADA Compliance in Independent Commissions
  • MEDIA ADVISORY - Strengthening Children's Mental Health Across New Jersey
  • NumberSquad Launches Year‑Round Tax Planning Package for Small Businesses and the Self‑Employed
  • GlexScale launches a unified model for sustainable SaaS expansion across EMEA
  • SwagHer Society Launches to Help Black Women Be Seen and Supported
  • Why Philadelphia Homeowners Should Ditch Oil for Natural Gas
  • Zero-Trust Architecture: NJTRX Addresses 60% of U.S. Investors' Custody Security Concerns
  • Sub-Millisecond Trading Platform: HNZLLQ Introduces Unified Gateway for Philippine Digital Asset Traders
  • $2.1B Theft Losses: Bitquore Launches 1M+ TPS Platform with 95% Offline Asset Protection for U.S. Traders
  • America Anesthesia Partners Unveils New User-Friendly Website
  • Hiclean Tools Releases HCX2100 Electric Pressure Washer
  • Bùng Nổ Ra Mắt, AALIVE Tung Gói Thưởng 68% và Dàn Game Thuần Việt Hấp Dẫn
  • ARCH Dental + Aesthetics Offers Free Consultations for New Patients
  • Maisano Brothers Inc. Expands National Paving Division Into Tampa, Florida
  • New Online Retailer Vroom Bikez Brings Electric Bikes and Scooters to Eco-Conscious Consumers
  • Multi-Signature Cold Storage: Keyanb Introduces Institutional-Grade Asset Protection for Chilean Crypto Traders
  • NKSCX Introduces Zero-Knowledge Proof of Solvency for U.S. Traders Amid $6.5 Billion Fraud Crisis

Popular on PennZone

  • Rep. Gina H. Curry and Dr. Conan Tu Inspire at Kopp Foundation for Diabetes Hybrid Fundraising Gala and National Leadership Forum - 142
  • Dr. Frederic Scheer to Speak at Big Sky AI Forum in Bozeman, Montana - 132
  • New Article Reveals Common Pricing Pitfalls in Flooring Projects — And How to Avoid Them - 108
  • Rapid Auto Shipping Revolutionizes Pennsylvania Car Shipping with Affordable, Tech-Driven Solutions
  • New Jersey Therapy & Life Coaching Launches "Four Paws, Big Hearts" Fundraiser for Canine Companions
  • DB Landscape Co. Brings Modern Outdoor Living to Coastal Communities
  • ALTIMMUNE (NASDAQ: ALT) CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action by October 6, 2025
  • Colonna Contemporary Presents, Transitions by Rapha
  • InventHelp Inventor Develops New Credit Card Accessory for Cell Phones (PLB-506)
  • Crossroads4Hope to Host Inspiring Hope Gala October 8, 2025

Similar on PennZone

  • Pepperdine University Malibu, California and Community Partners Recognized with 2025 ReadyCommunities Partnership National Service Award
  • NBA Overachievers: OddsTrader Reveals Which Teams Will Exceed Expectations in 2025-26
  • Crypto Betting Odds 2025: Bookmakers Review Analyzes Market Predictions and Year-End Price Lines
  • Regulated Crypto Exchange TZNXG Addresses Core US Market Challenges with Compliance-First Infrastructure
  • Matthew Cossolotto, Author of The Joy of Public Speaking, Appears on "Get Authentic with Marques Ogden" and "Achieving Success with Olivia Atkin"
  • CCHR Exposes Conflicted Psychiatrists Behind Teen Antidepressant Surge
  • WIBO Announces Fall 2025 Entrepreneurship Programs to Empower NYC Founders and Small Business Owners
  • Wohler announces release of additional Balance Control output tracking for its eSeries in-rack monitor range
  • A Milestone of Giving: Ten Percent Group Donates £25,000 to Cure Parkinson's
  • MDRN MUSE Expands Insurance Network Coverage to Include Delta Dental & Cigna
Copyright © The PennZone | Theme: OMag by LilyTurf Themes
  • Contribute
  • Privacy Policy
  • Terms of Service
  • Contact Us