Recursion: AI Hype Fizzles Amid Hard Clinical Truths [Seeking Alpha]
Exscientia Plc - American Depositary Shares (EXAI)
Company Research
Source: Seeking Alpha
Follow Summary Recursion's REC-994 met safety and tolerability endpoints in the Phase 2 trial for CCM, but efficacy data were limited. Secondary endpoints showed trends toward reduced lesion size in the highest dose group, though physician and patient-reported outcomes did not improve. Recursion's acquisition of Exscientia adds AI-driven drug discovery tools and an oncology/immunology pipeline but complicates the investment outlook. Recursion's financial position is stable, with $850 million in cash post-acquisition of Exscientia, providing a cash runway into 2027. Due to high operational costs and mixed clinical data, I recommend maintaining a "hold" on Recursion stock until more conclusive data emerges. Kevin Wells/iStock via Getty Images Introduction Nvidia-backed ( NVDA Recursion Pharmaceuticals' NASDAQ: RXRX ) stock is down 42% since my rating downgrade to "hold." In March, I expressed concern ahead of Phase 2 cerebral cavernous malformation [CCM] data pegged f
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News
- MIT Sloan CFO Summit Presents "The Intentional CFO: Innovative and Pragmatic" [Yahoo! Finance]Yahoo! Finance
- MIT Sloan CFO Summit Presents “The Intentional CFO: Innovative and Pragmatic”Business Wire
- Nvidia-backed Recursion hurts AI biotechs on mixed data for lead drug [Seeking Alpha]Seeking Alpha
- Exscientia Plc (EXAI): A Penny Stock That Will Make You a Millionaire [Yahoo! Finance]Yahoo! Finance
- Exscientia to Present at the Morgan Stanley 22nd Annual Global Healthcare ConferenceBusiness Wire
EXAI
Earnings
- 8/15/24 - Miss
EXAI
Sec Filings
- 8/30/24 - Form 6-K/A
- 8/28/24 - Form 6-K
- 8/23/24 - Form 144
- EXAI's page on the SEC website