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Recursion Pharmaceuticals: Unprecedented Scale
RXRXRecursion(RXRX) Seeking Alpha·2024-06-17 14:53

To address this issue, companies like Recursion are trying to identify failures early on and accelerate pre-clinical development of high potential drug candidates. While there is likely significant value just in improving the productivity of pre-clinical research, late-stage clinical failures are the primary driver of costs in today's pharmaceutical R&D model, making improving clinical success rates critical to improving the return on R&D spend. Recursion believes that the development and convergence of a r ...