RE: Ai going to be hot2 Nov 2023 09:47
With the surging interest in the application of AI to biotech, is Fusion Antibodies in the right place at the right time?
“…The company is positioning itself to ride a wave of investment in biotech AI applications which promise to transform the notoriously slow process of drug discovery…”
Like the wider small cap biotech sector Fusion Antibodies (AIM:FAB) has had a challenging 18 months, its price tumbling from more than 150p to less than 10p today. But with signs that the high interest rates that have been so damaging for growth shares may have peaked, and a business model oriented towards the AI technologies set to sweep through the biotech sector, now may be the time to take a fresh look at a share that was riding high not so very long ago.