Fifty 1 Labs (OTC: FITY) announced it has signed a Letter of Intent to acquire BioSpark AI Technologies Inc., a Vancouver-based developer of patented AI systems for clinical data extraction and real-time analysis, in a deal that includes BioSpark’s proprietary LLM ensemble technology, intellectual property, and a contingent payment of 25 million common shares tied to revenue milestones, further advancing Fifty 1 Labs’ strategy to deliver transformative AI-powered healthcare and biotechnology solutions.
To view the full press release, visit https://ibn.fm/27fJy
About Fifty1 AI Labs
Fifty1 AI Labs, a subsidiary of Fifty1 Labs, Inc. (OTC: FITY), is redefining drug discovery by using AI to unlock new potential in proven medicines. By repurposing safe, off-patent compounds, we accelerate smarter therapies that improve lives, reduce costs, and create lasting value for patients, partners, and forward-thinking investors.
For more information, visit the company’s website at https://fifty1labs.com/
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