Relay Therapeutics: Platform More Important Than Programs [Seeking Alpha]
Relay Therapeutics, Inc. (RLAY)
Company Research
Source: Seeking Alpha
The company is developing small molecule drugs for oncology, but its platform has broader applicability. Relay's stock has declined significantly since listing due to the combination of a difficult macro environment and a lack of positive clinical data. Sentiment appears to be overly bearish given Relay's long-term potential, although it could take the company several years to build data that supports its approach. After declining significantly on the back of poor clinical data, Relay Therapeutics' ( NASDAQ: RLAY ) stock has been treading water over the past 10 months. Investors appear to be overly focused on the progress of individual drugs, rather than Relay's structure-based drug design platform, which seeks to leverage an understanding of protein motion. For better or worse, it will likely take years for the merits of Relay's approach to be fully understood, though. Overview Relay is a drug discovery company leveraging technology to develop precision medicines, with an i
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RLAY
News
- Relay Therapeutics to Announce First Quarter 2024 Financial Results and Corporate Highlights on May 2, 2024GlobeNewswire
- Relay Therapeutics to Participate in Upcoming Investor ConferencesGlobeNewswire
- Relay Therapeutics, Inc. (NASDAQ: RLAY) had its "outperform" rating re-affirmed by analysts at Leerink Partnrs.MarketBeat
- Relay Therapeutics to Participate in Three Upcoming Investor ConferencesGlobeNewswire
- Relay Therapeutics Full Year 2023 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
RLAY
Earnings
- 2/22/24 - Beat
RLAY
Analyst Actions
- 2/22/24 - Stifel
RLAY
Sec Filings
- 4/23/24 - Form ARS
- 4/23/24 - Form DEFA14A
- 4/23/24 - Form DEF
- RLAY's page on the SEC website