Recursion Pharmaceuticals Acquires REV102 for Rare Bone Disorder Treatment

Reported 1 day ago

Recursion Pharmaceuticals has secured complete rights to REV102, a potential oral therapy for hypophosphatasia, a rare bone disorder. The acquisition from Rallybio Corporation is valued at up to $25 million, with an initial payment of $7.5 million. REV102 is currently in preclinical development as an ENPP1 inhibitor and is linked to a collaboration focused on innovative treatments for HPP.

Source: YAHOO

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