Introduction
CDT Equity Inc. (NASDAQ: CDT) is a biopharmaceutical development company focused on the identification, enhancement, and advancement of therapeutic assets. Originally founded as Conduit Pharmaceuticals Inc., the company uses artificial intelligence, solid-form chemistry, and asset repositioning to develop treatments for inflammatory and autoimmune disorders, idiopathic male infertility, dermatology, and animal health.
Corporate Structure and Governance
Headquartered in Naples, Florida, with a scientific facility in Cambridge, United Kingdom, CDT Equity Inc. operates a streamlined organizational structure focusing on drug repurposing and solid-form innovation. At the 2025 annual meeting, shareholders approved amendments to the 2023 Stock Incentive Plan, appointed James Bligh as Chief Financial Officer, and ratified the company’s accounting firm. The board of directors was reconstituted with several new members, establishing a governance framework to support strategic growth and licensing initiatives.

Biopharmaceuticals by little plant
Recent Developments and News
On August 5, 2025, Conduit Pharmaceuticals Inc. officially changed its name to CDT Equity Inc., reflecting a transition from solely pharmaceutical development to a broader biotechnology platform. A 1-for-15 reverse stock split became effective on May 15, 2025, adjusting the number of outstanding shares. In mid-August, the company filed its Form 10-Q for the quarter ended June 30, 2025, and an amended Schedule 13G/A on August 18, 2025, which revealed Sarborg Ltd.’s 4.0% beneficial ownership following the reverse split.
Strategic partnerships announced in 2025 include:
• Collaboration with Sarborg to utilize AI-powered disease mapping across a database of over 800 disease signatures, resulting in two new combination patent filings.
• A joint initiative with Manoira to examine cross-species efficacy and safety in the animal health market while retaining full ownership of data and intellectual property related to human applications.
Financial and Strategic Analysis
As of September 17, 2025, CDT Equity Inc. shares are priced at $1.04, reflecting a 62.11% increase over the preceding period, with daily trading volume reaching 19.2 million shares on the NASDAQ. Current market capitalization is approximately $5.44 million, with an average daily trading volume reported at 358,452 shares. The reverse stock split has decreased the overall share count while supporting a higher per-share price.
The company's strategy focuses on unlocking the value of clinical-stage compounds that have been deprioritized by larger pharmaceutical companies. Utilizing proprietary co-crystallization and solid-form technologies, CDT has extended the patent life of certain drugs by up to 20 years. Revenue is primarily derived from licensing arrangements and upfront payments associated with out-licensing agreements, with future milestones anticipated as pre-clinical and Phase II studies progress.
Market Position and Industry Context
Operating in the biotechnology sector, CDT Equity Inc. aims to distinguish itself through its AI-driven repurposing platform and expertise in solid-form chemistry. The company’s asset-light approach—concentrating on repositioning existing compounds—allows for reduced development costs and shorter timelines in comparison to traditional drug discovery. Collaborations with AI specialists and an expanding patent portfolio may enable CDT to generate licensing revenue and attract strategic interest from larger biopharmaceutical companies looking to enhance their pipelines in therapeutic areas such as inflammatory and autoimmune disorders.
tl;dr
CDT Equity Inc. rebranded on August 5, 2025, and executed a 1-for-15 reverse stock split on May 15, 2025. James Bligh was appointed as Chief Financial Officer, and Sarborg Ltd. holds a 4.0% stake post-split. The Q2 2025 Form 10-Q indicates ongoing cash flow management and a focus on a licensing revenue model. Strategic partnerships with Sarborg and Manoira aim to enhance the pipeline through AI-guided repurposing and animal health studies. Upcoming milestones include pre-clinical data readouts and out-licensing agreements that may drive value creation.