BenevolentAI Investor Presentation Deck slide image

BenevolentAI Investor Presentation Deck

New strategic plan to position BenevolentAl for a new era ORGANISATIONAL CHANGES REDUCING COST BASE FOCUSING ON HIGH-VALUE ASSETS Prioritising the most advanced assets, progressing them to their next value inflection points Expected net cost savings of £45m, extending the cash runway to at least July 2025 (before any new revenue) Other drug programmes will be paused, with a review underway to optimise value for these assets • Retaining key capabilities in drug discovery and target identification COMMERCIALISING AI TECH PLATFORM Commercialising our innovative technology platform through new revenue-generating products, collaborations and partnerships Planned launch of a new suite of products that enable biopharma companies to advance new discoveries by harnessing the power of Al ● Aligning the organisational structure to the new strategic direction, improving capital efficiency and operational effectiveness Streamlining operations across two business units: Bio and Tech, supported by Shared Business Ops Building a commercial function to drive revenue growth ● Cost savings driven by headcount reductions of up to approximately 180 employees, reduced lab and office footprint, and the pause of selected drug programmes The strategic plan maximises the potential of our portfolio and expands our differentiated technology platform to meet a moment of opportunity for Al in biopharma Benevolent 3
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