Rallybio Corporation Announces Initiation of Additional Preclinical Studies for REV102, Secures $12.5 Million Milestone Payment from Recursion

Reuters09-03

Rallybio Corporation Announces Initiation of Additional Preclinical Studies for REV102, Secures $12.5 Million Milestone Payment from <a href="https://laohu8.com/S/RXRX">Recursion</a>

Rallybio Corporation, a clinical-stage biotechnology company, has announced the receipt of a $12.5 million equity milestone payment from Recursion. This payment was triggered by the initiation of additional preclinical studies for REV102, a potential first-in-class oral ENPP1 inhibitor aimed at treating hypophosphatasia $(HPP)$. The milestone payment extends Rallybio's cash runway through 2027. The company is looking forward to sharing topline data from the confirmatory PK/PD study of RLYB116 in the coming months. Results for the REV102 program have not yet been presented.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rallybio Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250902608819) on September 03, 2025, and is solely responsible for the information contained therein.

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