Welcome to our dedicated page for Relay Therapeutics news (Ticker: RLAY), a resource for investors and traders seeking the latest updates and insights on Relay Therapeutics stock.
Relay Therapeutics, Inc. (Nasdaq: RLAY) is a clinical-stage biotechnology company pioneering drug discovery through its Dynamo™ platform, which analyzes protein motion to develop precision therapies for oncology and genetic diseases. This page provides real-time access to official company announcements, research breakthroughs, and strategic developments.
Investors and industry professionals will find curated updates including clinical trial progress, regulatory milestones, and partnership announcements. All content is sourced directly from Relay Therapeutics’ communications and verified financial disclosures, ensuring reliability for decision-making.
Key coverage areas include innovations in small molecule therapeutics, updates on the Dynamo platform’s applications, and analyses of Relay’s position within the precision medicine landscape. Content is organized chronologically for easy tracking of the company’s evolution.
Bookmark this page to monitor Relay Therapeutics’ advancements in targeting historically undruggable proteins. For comprehensive insights into RLAY’s scientific and corporate developments, revisit regularly or subscribe to Stock Titan’s update alerts.
Relay Therapeutics announced positive interim data for RLY-2608, a pan-mutant and isoform-selective inhibitor of PI3Kα, in treating PI3Kα-mutated, HR+/HER2- metastatic breast cancer. Key findings include:
- 9.2-month median progression-free survival (PFS) in heavily pre-treated patients at the recommended Phase 2 dose (RP2D)
- 33% overall response rate (ORR) across all patients and 53% ORR in patients with kinase mutations at RP2D
- Favorable tolerability profile with low discontinuation rates
The company plans to initiate a 2L pivotal study in 2025 and is progressing with triplet combination studies. Relay Therapeutics expects its current cash position to fund operations into the second half of 2026.
Relay Therapeutics (Nasdaq: RLAY) has announced a webcast on September 9, 2024, at 8:00 a.m. ET to report interim data for RLY-2608. The data will focus on the 600mg BID + fulvestrant dosage in second-line and beyond, CDK4/6-experienced patients with PI3Kα-mutated, HR+/HER2- metastatic breast cancer from the ongoing ReDiscover trial.
The clinical-stage precision medicine company, known for combining computational and experimental technologies in drug discovery, will host a conference call and webcast to discuss the results and next steps. Interested parties can access the event through Relay Therapeutics' website under the Events section in News & Events. An archived replay will be available after the live presentation.
Relay Therapeutics (Nasdaq: RLAY) reported its Q2 2024 financial results and corporate highlights. The company announced three new programs focusing on genetic diseases and precision oncology.
Key updates include a global clinical trial collaboration with Pfizer for the combination development of RLY-2608 with fulvestrant and atirmociclib, targeting PI3Kα-mutated HR+/HER2- metastatic breast cancer, with clinical trials starting by end of 2024.
Relay has approximately $688 million in cash and investments, expected to fund operations into the second half of 2026. R&D expenses rose to $92 million, primarily due to the ReDiscover trial for RLY-2608, while G&A expenses remained steady at $20.1 million. The company posted a net loss of $92.2 million or $0.69 per share, compared to $98.5 million or $0.81 per share in Q2 2023.
Relay Therapeutics (Nasdaq: RLAY), a clinical-stage precision medicine company, has announced it will release its second quarter 2024 financial results and corporate highlights on Tuesday, August 6, 2024, after the U.S. financial markets close. The company, known for its innovative approach to drug discovery by combining advanced computational and experimental technologies, will provide insights into its financial performance and recent developments. This announcement is significant for investors and analysts tracking Relay Therapeutics' progress in the competitive biotech sector.
Relay Therapeutics, a clinical-stage precision medicine company, unveiled three new programs at its New Program & Platform event on June 6, 2024. These initiatives include two genetic disease programs targeting vascular malformations and Fabry disease, and one precision oncology program with an NRAS-specific inhibitor.
The company highlighted its Dynamo platform, which has produced multiple drug candidates and investigational new drugs since its inception in 2016. Relay plans to begin clinical trials for these new programs between 2025 and 2026.
Additionally, the company reiterated its financial stability, with a cash runway expected to support operations into the second half of 2026, backed by $750 million in cash and investments as of March 31, 2024.
Key milestones include updates on RLY-2608, expected in late 2024, and the initiation of new clinical trials in 2025.
Relay Therapeutics has announced a clinical trial collaboration with Pfizer to evaluate a triplet combination therapy for PI3Kα-mutated HR+/HER2- metastatic breast cancer. The therapy includes Pfizer's atirmociclib, Relay's RLY-2608, and fulvestrant. This study aims to mitigate off-target toxicity associated with non-selective agents by using selective inhibitors. Pfizer will supply atirmociclib, while Relay will conduct the study, which is set to begin by the end of 2024.
Relay Therapeutics, a clinical-stage precision medicine company (Nasdaq: RLAY), will participate in two upcoming investor conferences. The management will join the TD Cowen 5th Annual Oncology Innovation Summit virtually on May 28, 2024, at 9:30 a.m. ET and the Goldman Sachs 45th Annual Global Healthcare Conference on June 12, 2024, at 8:40 a.m. ET. Both events will be webcast live and accessible through Relay Therapeutics' website, with replays available for 30 days.
Relay Therapeutics, Inc. (Nasdaq: RLAY) will host a New Program and Platform event on June 6, 2024, to disclose new programs from its existing pre-clinical pipeline and showcase how the Dynamo™ platform contributed to these discoveries. The event will offer in-person attendance to select investors and a virtual webcast for all interested parties.
Relay Therapeutics, Inc. reported first quarter 2024 financial results with $750 million in cash, cash equivalents, and investments, funding operations into the second half of 2026. The company highlighted progress in RLY-2608 development program, enrollment in RLY-2608 doublet and triplet studies, and anticipation of data updates for RLY-2608 and Lirafugratinib in the second half of 2024. Financially, revenue increased to $10.0 million, R&D expenses decreased, G&A expenses increased slightly, and net loss improved compared to the first quarter of 2023.
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