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Claire Mazumdar Joins Relay Therapeutics as Director

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Claire Mazumdar Joins Relay Therapeutics as Director

Elevate Your Investing Strategy:

Relay Therapeutics ( (RLAY) ) just unveiled an announcement.

On June 8, 2025, Jami Ruben resigned from the Board of Directors and Audit Committee of Relay Therapeutics, with no disputes involved. Subsequently, on June 9, 2025, Claire Mazumdar was appointed as a Class III Director and chair of the Audit Committee. Her appointment is expected to bring strategic guidance as Relay Therapeutics prepares for its Phase 3 ReDiscover-2 trial in breast cancer, potentially impacting the company’s operations and market positioning.

The most recent analyst rating on (RLAY) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Relay Therapeutics stock, see the RLAY Stock Forecast page.

Spark’s Take on RLAY Stock

According to Spark, TipRanks’ AI Analyst, RLAY is a Neutral.

The overall stock score is primarily impacted by financial performance challenges, notably negative profitability and cash flow concerns. Technical analysis indicates short-term bullish momentum, but long-term trends remain weak. The strategic lease termination provides a positive offset through cost savings, although the valuation remains unattractive due to negative earnings.

To see Spark’s full report on RLAY stock, click here.

More about Relay Therapeutics

Relay Therapeutics is a clinical-stage precision medicine company focused on transforming the drug discovery process by integrating computational and experimental technologies. The company aims to enhance small molecule therapeutic discovery, particularly in targeted oncology and genetic disease indications.

Average Trading Volume: 2,410,803

Technical Sentiment Signal: Sell

Current Market Cap: $598.3M

See more insights into RLAY stock on TipRanks’ Stock Analysis page.

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