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.
Recursion Pharmaceuticals, Inc. (NASDAQ: RXRX) is a clinical-stage TechBio company that regularly issues news and updates about its platform, pipeline and partnerships. As a biotechnology company focused on decoding biology to radically improve lives, Recursion generates announcements that span clinical trial readouts, business development milestones and technology advances related to its Recursion OS.
News for RXRX often highlights progress in clinical programs, such as the TUPELO Phase 1b/2 trial of REC-4881 in familial adenomatous polyposis (FAP), the ELUCIDATE Phase 1/2 trial of REC-617 in advanced solid tumors and ovarian cancer, and the DAHLIA Phase 1/2 study of REC-1245 in solid tumors. Company communications describe efficacy, safety, and design details for these studies, as well as plans for future data readouts and regulatory interactions.
Investors also see frequent updates on partnerships and collaborations. Recursion reports milestones from its long-term collaboration with Genentech and F. Hoffmann-La Roche Ltd, including acceptance of whole-genome phenotypic maps such as a microglia map, and from its multi-target collaboration with Sanofi in oncology and immunology. These items often include information about milestone payments and the scope of ongoing discovery work.
Additional RXRX news covers financial results and capital markets activity, such as quarterly earnings releases, cash runway commentary, and disclosures related to registration statements and share issuances connected to collaborations or acquisitions. The company also announces participation in healthcare and investor conferences, webinars on clinical data, and leadership changes, including CEO transition plans.
By following the RXRX news feed, readers can track how Recursion’s Recursion OS platform is being applied across its internal pipeline and partnered programs, as well as how business decisions, collaborations and governance developments may shape the company’s trajectory in the TechBio and biotechnology sectors.
Recursion (NASDAQ: RXRX) has partnered with HealthVerity to enhance its clinical trial capabilities through real-world data integration. The collaboration will give Recursion access to de-identified data covering over 340M lives in the US, which will be integrated into their Recursion OS platform.
This strategic partnership aims to improve clinical trial design, patient population insights, and trial feasibility assessments. Recursion will leverage HealthVerity's comprehensive healthcare data ecosystem to enhance their AI-driven approach, predict patient responses, and optimize study designs while ensuring regulatory compliance.
The integration of HealthVerity's real-world data into Recursion's platforms is expected to streamline clinical development, reduce costs, and accelerate the development of novel therapeutics while maintaining HIPAA compliance and patient privacy standards.
Recursion (NASDAQ: RXRX) and Enamine have announced a collaboration to create AI-enabled targeted compound libraries for drug discovery. The partnership combines Recursion's AI/ML platform (Recursion OS) with Enamine's REAL Space, the world's largest make-on-demand small molecule collection.
The collaboration has resulted in 10 enriched screening libraries comprising over 15,000 newly synthesized compounds, designed to accelerate drug discovery against 100 key clinical targets in challenging biological areas. By leveraging Recursion's AI technology to predict small molecule compatibility with protein targets, the partnership enables the creation of focused libraries that outperform traditional high-throughput screening collections.
As part of the research collaboration, Recursion gained access to tens of thousands of compounds for its internal discovery needs, while helping develop libraries of broad commercial interest. The curated libraries are now available through Enamine's website for customer hit-finding campaigns.
Recursion (RXRX) has initiated dosing in the Phase 1 EXCELERIZE clinical study of REC-3565, a selective MALT1 inhibitor designed for treating relapsed or refractory B-cell lymphomas. The compound, developed using Recursion's AI-powered platform, showed promising preclinical results with durable tumor regressions both as monotherapy and combined with BTK inhibitors.
The study consists of two parts: Part A will evaluate monotherapy dosing, while Part B will assess combination regimens. REC-3565's allosteric design aims to enhance potency and selectivity while potentially reducing liver toxicity risks associated with UGT1A1 inhibition, a common side effect in other MALT1 inhibitors.
Notably, the development timeline was accelerated, with the lead candidate delivered in just 15 months using the Recursion OS platform, which combines physics-based modeling with molecular dynamics and hotspot analysis.
Recursion (RXRX), a clinical stage TechBio company focused on drug discovery, has announced its upcoming participation in the Needham 24th Annual Virtual Healthcare Conference scheduled for April 7, 2025.
Investors and interested parties can access the conference webcasts through the events section of Recursion's Investor Relations website at ir.recursion.com.
Recursion (NASDAQ: RXRX) has strengthened its Board of Directors with two significant appointments effective March 15th. Dr. Namandjé Bumpus, former FDA Principal Deputy Commissioner until December 2024, brings extensive experience in regulatory science and AI integration. Elaine Sun, current COO and CFO at Mammoth Biosciences, contributes 30 years of life sciences and financial industry expertise.
Dr. Bumpus previously served as FDA's Chief Scientist and was instrumental in shaping the agency's strategic direction, particularly in AI regulatory science integration. She also held positions at Johns Hopkins University School of Medicine as an endowed professor and department chair.
Elaine Sun's experience includes leadership roles at Halozyme Therapeutics and SutroVax (now Vaxcyte), along with advisory roles in M&A and financing transactions exceeding $50 billion at Evercore Partners and Merrill Lynch. She currently serves on the boards of Dynavax Technologies and Asher Biotherapeutics.
Recursion (RXRX) reported its Q4 and FY2024 financial results, highlighting significant clinical and operational achievements. The company demonstrated promising safety and efficacy data for REC-617 in cancer treatment and REC-994 in cerebral cavernous malformations. Three new clinical studies were initiated across oncology, rare disease, and C. diff infection.
Key financial metrics for FY2024 include:
- Revenue: $58.8M (up from $44.6M in 2023)
- Cash position: $603.0M as of December 31, 2024
- Net loss: $463.7M (increased from $328.1M in 2023)
The company completed a strategic merger with Exscientia and delivered partnership milestones with Roche, Genentech, and Sanofi, generating $45M in cash inflows. Platform advancements include the launch of BioHive-2 supercomputer and development of new AI models. Cash runway is expected to extend into 2027.
Recursion (RXRX), a clinical stage TechBio company focused on drug discovery, has announced it will release its Q4 and full-year 2024 financial results on February 28, 2025, before market open. The company will host a live earnings call at 8:30 AM ET/6:30 AM MT/1:30 PM GMT on the same day.
The earnings call will be broadcast live through Recursion's social media channels including X (formerly Twitter), LinkedIn, and YouTube. Stakeholders, including investors and analysts, will have the opportunity to submit questions through a dedicated link.
Altitude Lab, a biotech accelerator founded by Recursion (NASDAQ: RXRX), has launched a pre-seed venture fund to support early-stage biotechnology startups affected by federal funding policy changes. The fund will provide $100,000–$250,000 in pre-seed investment capital, 12 months of lab space, and admission to Altitude Lab's accelerator program.
The initiative aims to bridge the gap created by recent policy shifts that have impacted approximately 1,500 health-related startups dependent on Small Business Innovation Research (SBIR) grants. The fund will be led by Recursion CEO Chris Gibson, alongside entrepreneur David Bearss and Altitude's executive director Chandana Haque.
Altitude Lab's startups have raised $154M from 2020 to 2024, representing over 50% of life science-focused early-stage capital in Utah. Eligible startups must have received an Impact Score of 20 or less in a recent SBIR submission.
Altitude Lab, founded by Recursion (NASDAQ: RXRX), announced that its incubating startups have raised $154 million in early-stage funding since 2020. The lab awarded its inaugural Gibson Founder Fellowship to Carmen Kivisild, CEO of Elnora AI, providing $150,000 in funding and support.
Key achievements include:
- 19 current startups and 12 alumni
- 70% of startups led by underrepresented founders
- 90% of participating startups have raised capital
Notable portfolio milestones include Peel Therapeutics completing Phase 1 trial and initiating Series A, Rebel Medicine receiving IND approval and starting Series A, Sethera appointing Moderna co-founder as advisory board chair, and Teiko launching a 25-marker spectral flow cytometry assay.
Recursion (RXRX) has reported positive 12-month data from its Phase 2 SYCAMORE trial of REC-994 for Cerebral Cavernous Malformations (CCM). The study met its primary endpoint of safety and tolerability, with no treatment-related discontinuations or Grade 3 adverse events.
Key findings for the 400mg dose include: 50% of patients showed reduction in total lesion volume versus 28% in placebo, with an absolute mean decrease of 457 mm³ compared to a 53 mm³ increase in placebo. Patients demonstrated trends toward improvement in modified Rankin scale (mRS) scores, particularly in those with brainstem lesions.
The most common adverse events included Covid-19, dizziness, headache, back pain, and constipation. The company plans to determine next steps through regulatory discussions and ongoing long-term extension study results.