Shuttle Pharmaceuticals Closes Acquisition of Molecule.ai for $8 Million

Reuters11-21

Shuttle Pharmaceuticals Closes Acquisition of Molecule.ai for $8 Million

Shuttle Pharmaceuticals Holdings Inc. has completed the acquisition of the assets and liabilities of Molecule.ai, a Canadian artificial intelligence company focused on molecular discovery and drug development technologies. The agreement provides for a total purchase price of $8 million, paid in a mix of cash and Shuttle common stock, with an additional contingent payment of $2 million based on certain performance milestones. An initial payment of $3 million was made at closing. Molecule.ai's AI platform is expected to enhance Shuttle's capabilities in molecular modeling and predictive analytics, supporting the advancement of precision radiotherapy solutions and drug development.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shuttle Pharmaceuticals Holdings Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 275431) on November 21, 2025, and is solely responsible for the information contained therein.

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