Recursion Pharmaceuticals
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Recursion Pharmaceuticals (RXRX) investor relations material

Recursion Pharmaceuticals TD Cowen 46th Annual Health Care Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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TD Cowen 46th Annual Health Care Conference summary2 Mar, 2026

Platform and business model evolution

  • Transitioned from a single-point solution to an integrated platform combining phenotypic screening, transcriptomics, proteomics, and real-world evidence for drug discovery.

  • Added a novel design platform to explore chemical space and solve previously unsolved industry problems, leveraging leadership with AI and operational expertise.

  • Unified workflow enables better predictive modeling, aiming to lower clinical failure rates and improve trial design.

  • Partnership inflows surpassed $500 million, supporting platform investment and risk diversification across multiple clinical and preclinical programs.

  • Emphasis on disciplined, data-driven decision-making under new leadership, focusing on high-return opportunities and operational rigor.

Strategic partnerships and differentiation

  • Roche and Sanofi are major partners, with $210 million from Roche for neuroscience PhenoMaps and five discovery milestones achieved with Sanofi.

  • Partnership structures include upfront payments for development costs and early milestones, with profit realized as partners advance candidates.

  • Proprietary data assets (over 50 PB) enable unique AI model development, addressing the 90% of the genome not covered by existing drugs.

  • Integration of multiple modeling systems reduces noise and enhances experimental validation.

  • Collaboration with tech companies like NVIDIA provides advanced compute infrastructure, accelerating data analysis and model deployment.

Pipeline progress and clinical innovation

  • REC-4818 in FAP showed dramatic, durable reductions in polyp count, with ongoing FDA engagement to define pivotal trial design.

  • ClinTech platform accelerated patient enrollment by 30%-50% across several trials, optimizing site selection and patient targeting.

  • CDK7 program pivoted to ovarian cancer based on mechanistic and clinical data, with combination trial data expected in the first half of 2027.

  • All pipeline programs are subject to strict go/no-go criteria, with rapid termination if benchmarks are not met.

  • Upcoming data updates expected for FAP (first half 2024), CDK7 (first half 2027), and additional programs in the second half of 2024.

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Leerink Global Healthcare Conference 20269 Mar, 2026
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Frequently asked questions

Recursion Pharmaceuticals Inc is a biotechnology company leveraging machine learning and automation to discover and develop new therapeutics. The company focuses on using its technology platform to identify treatments across a range of diseases, including rare and complex conditions. Recursion Pharmaceuticals operates within the healthcare and biotechnology sectors. The company is headquartered in Salt Lake City, Utah, and its shares are listed on the NASDAQ.

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