Recursion to Participate in Upcoming Investor Conferences

Rhea-AI Summary

Recursion (NASDAQ: RXRX), a clinical-stage biotechnology firm, has announced its participation in two upcoming investor conferences in January 2023. The company will be attending the 41st Annual J.P. Morgan Healthcare Conference from January 9 to January 12, and the 25th Annual Needham Growth Conference from January 10 to January 12. Recursion aims to industrialize drug discovery by leveraging advanced technologies and machine learning to build extensive biological and chemical datasets, propelling advancements in medicine.

SALT LAKE CITY, Dec. 20, 2022 /PRNewswire/ -- Recursion (NASDAQ: RXRX), the clinical-stage biotechnology company industrializing drug discovery by decoding biology, today announced its participation in the following investor conferences:

• 41st Annual J.P. Morgan Healthcare Conference — January 9 through January 12, 2023
• 25th Annual Needham Growth Conference — January 10 through January 12, 2023

About Recursion
Recursion is the clinical-stage biotechnology company industrializing drug discovery by decoding biology. Enabling its mission is the Recursion OS, a platform built across diverse technologies that continuously expands one of the world's largest proprietary biological and chemical datasets. Recursion leverages sophisticated machine-learning algorithms to distill from its dataset a collection of trillions of searchable relationships across biology and chemistry unconstrained by human bias. By commanding massive experimental scale — up to millions of wet lab experiments weekly — and massive computational scale — owning and operating one of the most powerful supercomputers in the world, Recursion is uniting technology, biology and chemistry to advance the future of medicine.

Recursion is headquartered in Salt Lake City, where it is a founding member of BioHive, the Utah life sciences industry collective. Recursion also has offices in Toronto, Montreal and the San Francisco Bay Area. Learn more at www.Recursion.com, or connect on Twitter and LinkedIn.

Media Contact
Media@Recursion.com

Investor Contact
Investor@Recursion.com

Forward-Looking Statements
This press release contains information that includes or is based upon "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995, including, without limitation, those regarding the closing of the private placement, registration of the shares of Class A common stock being issued and sold in the private placement, Recursion's use of the proceeds from the private placement, Recursion's preclinical and clinical programs, and all other statements that are not statements of historical facts. Forward-looking statements may or may not include identifying words such as "intend," "may," "expect," "plan," and similar terms. These statements are subject to known or unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements, including but not limited to: challenges inherent in pharmaceutical research and development, including the timing and results of preclinical and clinical programs, where the risk of failure is high and failure can occur at any stage prior to or after regulatory approval due to lack of sufficient efficacy, safety considerations, or other factors; our ability to leverage and enhance our drug discovery platform; our ability to obtain financing for development activities and other corporate purposes; the success of our collaboration activities; our ability to obtain regulatory approval of, and ultimately commercialize, drug candidates; and other risks and uncertainties such as those described under the heading "Risk Factors" in our filings with the SEC, including our most recent Quarterly Report on Form 10-Q and our Annual Report on Form 10-K. All forward-looking statements are based on management's current estimates, projections, and assumptions, and Recursion undertakes no obligation to correct or update any such statements, whether as a result of new information, future developments, or otherwise, except to the extent required by applicable law.

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SOURCE Recursion

FAQ

What conferences will Recursion (RXRX) participate in January 2023?

Recursion will attend the 41st Annual J.P. Morgan Healthcare Conference from January 9 to January 12 and the 25th Annual Needham Growth Conference from January 10 to January 12.

What is the focus of Recursion (RXRX) as a biotechnology company?

Recursion focuses on industrializing drug discovery through advanced technologies and machine learning to decode biology and enhance medical advancements.

When was the press release about Recursion's conference participation issued?

The press release was issued on December 20, 2022.

Where is Recursion (RXRX) headquartered?

Recursion is headquartered in Salt Lake City.

How does Recursion (RXRX) utilize technology in drug discovery?

Recursion employs sophisticated machine-learning algorithms and operates one of the world's most powerful supercomputers to analyze vast biological and chemical datasets.