Revisiting Recursion: Big Bets, Big Data, And The Big Cash Burn Rate [Seeking Alpha]
Recursion Pharmaceuticals, Inc. - Class A (RXRX)
Company Research
Source: Seeking Alpha
The company has strengthened its tech stack through partnerships and collaborations with big players in the industry. Recursion's pipeline shows promising developments. However, the company's financials and liquidity pose risks. I first wrote about Recursion Pharmaceuticals ( NASDAQ: RXRX ) last year. My thesis was that the company had an interesting technology that allowed data to guide the hypothesis, which should facilitate drug discovery and development. However, the cash burn and liquidity made me pass. I think it is now time to review that thesis. A primer on the company's technology The basic plot for this company is capturing high-dimensional data to create models of reality. Applying modern approaches to these datasets has the potential to generate predictive results. The ultimate test of these predictions was their application in real-world scenarios. Despite the vast amounts of data generated by the biopharma industry, the structures were not designed with machin
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News
- Altitude Lab Secures Small Business Administration Growth Fund Accelerator Grant to Launch Horizon, a Commercialization Partnering ProgramGlobeNewswire
- Nvidia Owns a 3.4% Stake in This Innovative Artificial Intelligence (AI) Stock Cathie Wood Loves [Yahoo! Finance]Yahoo! Finance
- Recursion Pharmaceuticals (RXRX) Declines More Than Market: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Recursion Pharmaceuticals (RXRX) Dips More Than Broader Market: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Where Will Recursion Pharmaceuticals Be in 5 Years? [Yahoo! Finance]Yahoo! Finance
RXRX
Earnings
- 2/27/24 - Beat
RXRX
Sec Filings
- 4/29/24 - Form 4
- 4/25/24 - Form 3
- 4/25/24 - Form 144
- RXRX's page on the SEC website