Recursion Pharmaceuticals

Drug-discovery company built on automated biology and machine learning

Overview

Recursion uses automated laboratories and machine-learning models to identify drug candidates, and earns revenue mainly from discovery partnerships with large pharmaceutical companies. Revenue in 2025 was US$74.7 million[36]. The company is based in Salt Lake City, Utah[36]. It combined with Exscientia, another AI drug-discovery company, in November 2024, and its 2025 filing reflects the integration and disposals of some Exscientia assets[36]. Recursion’s value rests mainly on its clinical pipeline rather than on current revenue, so results depend on trial outcomes that are uncertain and slow to arrive. The Exscientia combination joined two of the earliest AI-first drug-discovery companies in one listed entity.

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