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Stock impact report

Recursion Stock Down Despite Meeting Goal in Brain Disease Study [Yahoo! Finance]

Recursion Pharmaceuticals, Inc. - Class A (RXRX) 
Company Research Source: Yahoo! Finance
and efficacy of its lead candidate, REC-994, an orally bioavailable, superoxide scavenger small molecule, for symptomatic cerebral cavernous malformation (CCM) patients. Recursion's SYCAMORE Study Meets Primary Goal but Efficacy Lags Recursion reported that its phase II SYCAMORE study met the primary endpoint of safety and tolerability in CCM patients treated with REC-994. However, the results lacked significant efficacy as treatment with placebo and both 200mg and 400mg doses of REC-994 demonstrated a similar adverse event profile after 12 months of treatment. Additionally, MRI-based secondary efficacy endpoints indicated a tendency for reduced lesion volume and hemosiderin ring size in patients receiving the 400mg dose of the candidate compared with those on placebo. However, no improvements were reported by patients or doctors at the 12-month mark. Detailed results from the SYCAMORE study will be presented at an upcoming medical conference. Recursion expects to meet with th Show less Read more
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