Earnings Call Summary | Recursion Pharmaceuticals(RXRX.US) Q1 2024 Earnings Conference
Earnings Call Summary | Recursion Pharmaceuticals(RXRX.US) Q1 2024 Earnings Conference
The following is a summary of the Recursion Pharmaceuticals, Inc. (RXRX) Q1 2024 Earnings Call Transcript:
以下是 Recursion Pharmicals, Inc. (RXRX) 2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Recursion Pharmaceuticals ended the first quarter of 2024 with nearly $300 million in cash, providing a robust financial runway with potential for significant extension upon milestone achievement.
Recursion Pharmicalsion Pharmicals在2024年第一季度结束时拥有近3亿美元的现金，这提供了稳健的财务跑道，有可能在取得里程碑式成就后大幅延期。
Business Progress:
业务进展：
An ambitious pharmaceutical pipeline is in place, with Phase 2 readouts commencing, quarter by quarter from Q3 onwards.
The company successfully recruited an ex-J&J employee, expected to contribute significant value to drug discovery and development.
Recursion unveiled an AI-driven platform for drug discovery, the Recursion OS, in line with their goal of autonomous drug discovery.
Recursion established a valuable partnership with health data firm Helix, which offers access to hundreds of thousands of de-identified patient records for AI training in understanding gene networks.
The company maintains partnerships with healthcare giants Roche Genentech and Bayer.
Advances in research into proteomics are being pursued, including automated synthesis and the exploration of organoids and steroids to increase translational predictability and ADME Tox.
The company aims to identify targets in oncology and non-oncology fields using data from Tempus and Helix.
Recursion is establishing a presence in London to tap into the local talent pool at the intersection of data science and life sciences.
Recursion expressed interest in supporting the new tech bio competitor, Xaira, highlighting the company's commitment to technology's role in biology.
Lastly, Recursion has significant growth plans aimed at increasing drug market success probability, reducing costs, and enhancing accessibility. The company plans to extend their focus beyond small molecules to other complementary modalities.
雄心勃勃的药品管道已经到位，从第三季度开始，第二阶段的发布将逐季度开始。
该公司成功招募了一名前强生员工，预计将为药物发现和开发做出重大贡献。
Recursion推出了一个由人工智能驱动的药物发现平台——Recursion OS，这符合他们自主药物发现的目标。
Recursion与健康数据公司Helix建立了宝贵的合作伙伴关系，后者为了解基因网络的人工智能培训提供了访问数十万份已去识别身份的患者记录。
该公司与医疗保健巨头罗氏基因泰克和拜耳保持合作伙伴关系。
蛋白质组学研究正在取得进展，包括自动合成以及探索类器官和类固醇，以提高转化可预测性和ADME Tox。
该公司旨在使用来自Tempus和Helix的数据确定肿瘤学和非肿瘤学领域的靶标。
Recursion正在伦敦设立办事处，以利用数据科学和生命科学交汇处的当地人才库。
Recursion表示有兴趣支持新的科技生物竞争对手Xaira，强调了该公司对技术在生物学中的作用的承诺。
最后，Recursion制定了重大的增长计划，旨在提高药品市场成功的可能性，降低成本并提高可及性。该公司计划将重点从小分子扩展到其他互补模式。
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译文内容由第三方软件翻译。