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Recursion Pharmaceuticals, Inc. - $RXRX STOCK NEWS

Welcome to our dedicated page for Recursion Pharmaceuticals news (Ticker: $RXRX), a resource for investors and traders seeking the latest updates and insights on Recursion Pharmaceuticals stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Recursion Pharmaceuticals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Recursion Pharmaceuticals's position in the market.

Rhea-AI Summary

Recursion (NASDAQ: RXRX) will report its first quarter 2024 financial results on May 9, 2024. The company will host a L(earnings) Call to discuss business updates and interact with the public. This event is free and open to all, with questions welcomed.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.4%
Tags
conferences earnings
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Rhea-AI Summary

Recursion (NASDAQ: RXRX) will be participating in the Bank of America Securities Healthcare Conference on May 14-16, 2024, and the 52nd Annual JP Morgan Global Technology Conference on May 20-22, 2024. The company aims to showcase its innovative approach to drug discovery.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.65%
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conferences
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Rhea-AI Summary

Altitude Lab has secured a Small Business Administration Growth Fund Accelerator Grant to launch Horizon, a commercialization program connecting biotech startups with partners and investors nationwide. The program aims to address the challenges in connecting startups to distributors and biopharma partners. Altitude Lab has formed partnerships with industry leaders to support the program's launch. The grant signifies Altitude Lab's commitment to fostering innovation in Utah's biotech sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.63%
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none
Rhea-AI Summary
Recursion appoints Najat Khan, PhD, as Chief R&D Officer and Chief Commercial Officer, bringing deep expertise from Johnson & Johnson to lead research, development, and commercial capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.82%
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management
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Rhea-AI Summary
Recursion (NASDAQ: RXRX) to participate in the 23rd Annual Needham Virtual Healthcare Conference on April 8-11, 2024, showcasing its innovative approach to drug discovery.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.4%
Tags
conferences
-
Rhea-AI Summary
Recursion (RXRX) releases its third annual ESG Report, showcasing progress in reducing greenhouse gas emissions, enhancing diversity, and community impact. The company's commitment to sustainability and innovation in drug discovery is highlighted, earning accolades for ESG performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.99%
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none
Rhea-AI Summary
Recursion (RXRX) appoints Michael Bronstein as Scientific Advisor and opens a new office in London's King's Cross neighborhood to tap into Europe's TechBio talent pool. The company aims to expand its operations and advance drug discovery by hiring top talent and collaborating with AI experts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.33%
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none
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Rhea-AI Summary
Recursion (RXRX) hosted its second annual Rare Disease Day event to raise awareness for rare diseases and support Utah's rare disease community. The event featured industry leaders and patient advocacy organizations aiming to accelerate diagnosis and treatment for rare diseases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.83%
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none
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Rhea-AI Summary
Recursion (RXRX) to participate in key investor conferences in March 2024, showcasing its innovative TechBio approach to drug discovery.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.83%
Tags
conferences
Rhea-AI Summary
Recursion (RXRX) reported business updates and financial results for Q4 2023 and FY 2023. The company made progress in causal AI modeling, launched LOWE for drug discovery, and provided updates on multiple clinical programs. Recursion's cash position decreased to $391.6 million, with total revenue at $10.9 million for Q4 2023. R&D expenses increased to $69.5 million, and net loss was $93.0 million for Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.62%
Tags
Recursion Pharmaceuticals, Inc.

Nasdaq:RXRX

RXRX Rankings

RXRX Stock Data

2.09B
188.28M
5.65%
92.43%
16.95%
Research and Development in Biotechnology
Professional, Scientific, and Technical Services
Link
United States of America
SALT LAKE CITY

About RXRX

recursion pharmaceuticals has developed a powerful drug discovery platform involving millions of rapid, automated experiments and analysis to discover new therapeutics. our platform has resulted in the massive parallelization of drug discovery. we have deployed this platform in pursuit of drugs for the treatment of rare genetic diseases. we partner or out-license these leads to major pharmaceutical companies early in development. our horizontal business model focused on discovery accelerates our impact and reduces our costs by avoiding slow and costly in-house development, and allows us to spread risk across many new therapeutic opportunities.