RE: NON RNS announcement - RECURSION PHARMACEUTICALS19 Sep 2024 08:12
RECURSION PHARMACEUTICALS. Partners.
Therapeutic partners
Roche & Genentech Therapeutics
In December 2021, we entered into a multi-year, strategic collaboration with Roche and Genentech in key areas of neuroscience and an oncology indication. Through the partnership, we are working with both Roche and Genentech's R&D units to leverage our Recursion OS and Maps of Biology, along with extensive single-cell perturbation screening data from Roche and Genentech, to rapidly identify novel biological relationships to initiate and advance therapeutic programs. Together we may initiate up to 40 programs over a decade or longer.
Bayer Pharmaceuticals Therapeutics
In November 2023, we announced an updated collaboration with our established partner, Bayer, for a select set of precision oncology programs. The collaboration will leverage our state-of-the-art capabilities to initiate and advance the identification of novel therapeutic targets for challenging oncology indications with high unmet need. Under the terms of the agreement, we may initiate up to seven oncology programs and Recursion is eligible to receive potential, success-based, future payments of up to $1.5 billion plus royalties on net sales.
Technology, data, and capability partners
NVIDIA
In July 2023, we entered into a strategic collaboration with NVIDIA to accelerate the development of our groundbreaking AI foundation models for biology and chemistry on NVIDIA DGX™ Cloud. We intend to optimize and distribute these models for possible commercial license or release on BioNeMo, NVIDIA’s cloud service for generative AI in drug discovery. In November 2023, we committed to working with NVIDIA to expand BioHive-1, our on-premise supercomputer, to increase the computational capacity by over 4x. We project that upon completion and benchmarking, BioHive-1 will be in the top 50 most powerful supercomputers in the world across any industry (according to the Top500 list) and will be the most powerful supercomputer owned and operated by any biopharma company.
Tempus
In November 2023, we entered into a collaboration with Tempus to gain preferred access to one of the world’s largest proprietary, de-identified, patient-centric oncology datasets, spanning DNA, RNA, health records and more to support the discovery of potential biomarker-enriched therapeutics at scale through the training of causal AI models. By combining the forward genetics approach of Tempus with the reverse genetics
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