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Recursion gets $12.5M from Rallybio as its rare disease drug REV102 advances in trials.
Recursion Pharmaceuticals received a $12.5 million milestone payment from Rallybio as its drug candidate REV102 advanced in clinical development for a rare genetic disorder.
The payment was triggered by specific regulatory and developmental progress, highlighting the ongoing collaboration between the two companies.
Recursion’s proprietary platform is supporting the drug’s development, with the funds intended to further clinical trials and research.
The milestone reflects growing confidence in REV102’s potential and underscores the role of strategic partnerships in advancing treatments for rare diseases.
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Recursion obtiene $12.5 millones de Rallybio a medida que su fármaco para enfermedades raras REV102 avanza en los ensayos.