Artificial intelligence continues to drive investment in biotechs

25 January 2024

As in other industries, enthusiasm for artificial intelligence (AI)-based technologies shows no sign of abating in the life sciences.

The latest start-up to draw the attention of investors is Evaxion Biotech (Nasdaq: EVAX), a Danish firm which saw its share price double on Wednesday, after reporting it would focus more on cancer vaccines.

Evaxion was boosted last year by results from a Phase II trial testing EVX-01, a peptide-based personalized jab.

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