Exscientia plc

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Investigation Details

Exscientia issued a press release, on February 13, 2024, “announc[ing] that its Board of Directors (the ‘Board’) has decided to terminate the employment of Andrew Hopkins as the Company’s Chief Executive Officer and Principal Executive Officer, and to remove Dr. Hopkins from his role as an Executive Director of the Board, in each case for cause and effective immediately. The Board’s decision was taken following an investigation which found that Dr. Hopkins had engaged in relationships with two employees that the Board determined were inappropriate and inconsistent with the Company’s standards and values.” Following this news, Exscientia’s stock price fell 20%.