Recursion (RXRX) acquires full rights to oral HPP treatment REV102

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Recursion Acquires Full Rights to REV102, a Potential First-in-Class Oral ENPP1 Inhibitor for Hypophosphatasia

July 8, 2025 8:00 AM EDT

Salt Lake City, UT, July 08, 2025 (GLOBE NEWSWIRE) -- Recursion (NASDAQ: RXRX) a leading clinical stage TechBio company decoding biology to radically improve lives today announced the acquisition of Rallybios (NASDAQ: RLYB) full interest in their joint ENPP1 inhibitor program (REV102) and an associated backup molecule for the treatment of hypophosphatasia (HPP), a rare and debilitating genetic disorder.

We extend our sincere thanks to Rallybio for their invaluable partnership in advancing this program to its current stage, said David Hallett, Chief Scientific Officer of Recursion. Having full ownership... More