Clinical DevelopmentRecursion achieved a milestone by rapidly progressing from target identification to IND approval for REC-1245 in just 18 months, showcasing its efficiency and potential in drug development.
Financial StrengthRecursion concluded the third quarter with a strong cash position of $427.6 million, providing a solid foundation for future growth and innovation.
Strategic PartnershipsRecursion's planned merger with Exscientia is anticipated to close ahead of schedule, bringing new pharma partnerships with BMS, Sanofi, and Merck KGaA, and enhancing its precision oncology assets.