Recursion and Bayer expand fibrosis collaboration
US digital biotech Recursion Pharmaceuticals (Nasdaq: RXRX) today announced expansion of the company’s existing strategic collaboration in fibrosis with Germany’s Bayer (BAYN: DE), with the news pushing the US firm’s share up as much as 11% to $18.99 in early trading.
The expanded collaboration will include Recursion's powerful inferential search capabilities based on its growing maps of human cellular biology, giving Bayer the ability to further accelerate the work already underway in expanding the universe of novel fibrotic hypotheses.
Terms of the collaboration
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