Additionally, Rakovina's board approved the grant of 4,330,000 stock options to certain officers and directors under its Long Term Incentive Plan. These options are exercisable at $0.185 per share over five years and will vest every six months over three years. The company is committed to leveraging cutting-edge technology and strategic partnerships to transform cancer care and advance its mission of developing innovative treatments.
Key takeaways:
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- Rakovina Therapeutics will participate in the 43rd Annual J.P. Morgan Healthcare Conference to showcase its progress in AI-driven drug discovery and cancer treatment innovations.
- The company plans to advance its AI-identified drug candidates through preclinical validation and prepare them for clinical trials in 2025.
- Rakovina Therapeutics is focused on forming strategic partnerships to accelerate the development and delivery of innovative cancer treatments.
- The board of directors has approved the grant of 4,330,000 stock options to certain officers and directors, exercisable at $0.185 per share over five years.