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Rakovina Therapeutics Announces Listing on Frankfurt Stock Exchange

Jan 30, 2025 - financialpost.com
Rakovina Therapeutics Inc., a biopharmaceutical company focused on developing cancer therapies using novel DNA-damage response technologies, has announced the listing of its common shares on the Frankfurt Stock Exchange under the ticker symbol “7J0”. This move aims to increase the company's visibility and accessibility to European and global investors, complementing its existing listing on the TSX Venture Exchange. The listing is expected to enhance Rakovina's presence in Europe, attract new investors, and support its mission to revolutionize cancer drug discovery through AI-driven platforms like Deep Docking™ and Variational AI.

The company leverages these AI platforms to accelerate the identification of promising drug candidates targeting DNA-damage response mechanisms, which are key vulnerabilities in many aggressive cancers. The global DDR therapy market is projected to reach $18 billion annually by 2030, underscoring the potential impact of Rakovina’s innovative approach. The Frankfurt Exchange listing is part of Rakovina's strategy to increase international visibility and establish itself as a leader in oncology drug discovery, while creating long-term value for shareholders and advancing the development of life-saving cancer treatments.

Key takeaways:

  • Rakovina Therapeutics Inc. has listed its common shares on the Frankfurt Stock Exchange under the ticker symbol "7J0".
  • The listing on the Frankfurt Stock Exchange aims to increase Rakovina's visibility and accessibility to European and global investors.
  • Rakovina leverages AI-driven platforms like Deep Docking™ and Variational AI to accelerate the identification of promising drug candidates targeting DNA-damage response mechanisms.
  • The global DNA-damage response therapy market is projected to reach $18 billion annually by 2030, highlighting the potential of Rakovina's approach.
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