Partnership MilestonesPartnerships appear to be progressing well, with another $7M milestone received from Sanofi and potential for $300M for the program.
Pipeline RefocusingThe re-focusing of the pipeline is seen as a net positive that should help the market narrow in on key data sets.
Strategic AcquisitionRecursion acquired full rights to Rallybio's REV102, a preclinical oral ENPP1 inhibitor for hypophosphatasia, which could provide a strategic advantage.