Recursion Pharmaceuticals Inc
NASDAQ:RXRX

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Recursion Pharmaceuticals Inc Logo
Recursion Pharmaceuticals Inc
NASDAQ:RXRX
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Price: 4.71 USD -4.27% Market Closed
Market Cap: 2.5B USD

Recursion Pharmaceuticals Inc
Investor Relations

In the bustling landscape of biotech innovation, Recursion Pharmaceuticals Inc. carves a distinctive niche by marrying the worlds of biology and advanced computational techniques. Founded in 2013, this Salt Lake City-based company embarked on a mission to decode the complex tapestry of disease biology through the lens of data science and machine learning. Recursion's approach centers around its unique platform that integrates automated experimental biology with artificial intelligence to map and navigate the intricate pathways of human cellular biology. By harnessing volumes of data from high-throughput biological experiments, they aim to unearth novel insights into a multitude of diseases, particularly those that have historically evaded effective therapeutic intervention.

At the heart of Recursion's business model is its ability to discover potential drug candidates rapidly and efficiently, turning traditional pharmaceutical development on its head. The company generates revenue through strategic partnerships with pharmaceutical giants, leveraging its platform to accelerate drug discovery and development processes. Collaborations often involve sharing the risk and reward of drug discovery, with Recursion providing the technological backbone to sift through vast datasets and identify promising therapeutic compounds. Additionally, Recursion invests in its pipeline of proprietary drug candidates, targeting rare genetic diseases and areas of significant unmet medical need. By aligning cutting-edge technology with the complexities of human biology, Recursion Pharmaceuticals positions itself at the forefront of transforming how diseases are understood and how new treatments are developed.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 5, 2025
AI Summary
Q3 2025

Leadership Transition: Najat Khan will become CEO, President, and Director on January 1, with founder Chris Gibson moving to Executive Chairman and Adviser.

Financial Strength: Recursion reported $785 million in cash as of October 9, providing runway through end of 2027 with no further financing needed.

Expense Reduction: Operating expenses have been cut by 35% from 2024 levels, equating to over $200 million in savings.

Pipeline Progress: Key updates include CDK7 program advancement, REC-4881 Phase 2 data due in December, and PI3K 1047R candidate nomination.

Partnership Milestone: Earned a $30 million payment from Roche/Genentech for delivering a microglial map, bringing total partnership inflows above $500 million.

Outlook and Guidance: Expense guidance for 2025 and 2026 reaffirmed at under $450 million and $390 million, respectively; over $100 million in partnership inflows targeted by end of 2026.

Platform Evolution: Continued enhancements to Recursion's AI-driven platform, with new scientific agents and automation for drug discovery and development.

Key Financials
Cash Balance
$785 million
Operating Expense
Less than $450 million (2025), less than $390 million (2026)
Partnership Inflows
Over $500 million (cumulative)
Roche/Genentech Milestone Payment
$30 million
CDK7 Program—Patients Treated
29
CDK7 Program—Maximum Tolerated Dose
10 milligrams once daily
Earnings Call Recording
Other Earnings Calls

Management

Dr. Christopher C. Gibson Ph.D.
Co-Founder, CEO & Director
No Bio Available
Dr. Blake C. Borgeson Ph.D.
Co-Founder & Director
No Bio Available
Dr. David J. Mauro M.D., Ph.D.
Chief Medical Officer
No Bio Available
Mr. Ben R. Taylor
CFO & President of Recursion UK
No Bio Available
Ms. Kristen Rushton M.B.A.
Chief Operating Officer
No Bio Available
Kevin Leggat
Vice President of Finance & Accounting
No Bio Available
Mr. Benjamin Mabey M.S.
Chief Technology Officer
No Bio Available
Dr. David Hallett Ph.D.
Chief Scientific Officer
No Bio Available
Mr. Jared Allenbach
Senior Director of Investor Relations
No Bio Available
Mr. Nathan Hatfield
Chief Legal Officer & General Counsel
No Bio Available

Contacts

Address
UTAH
Salt Lake City
41S Rio Grande Street
Contacts
+13852690203.0
www.recursion.com