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Rallybio shares rise 5.19% premarket after receiving $12.5 million equity milestone payment from Recursion.
ByAinvest
Thursday, Sep 4, 2025 5:00 am ET1min read
Rallybio Corporation rose 5.19% in premarket trading, with the company receiving a $12.5 million equity milestone payment from Recursion for the initiation of additional preclinical studies for REV102, an investigational ENPP1 inhibitor in development for the treatment of hypophosphatasia (HPP). This milestone reflects the continued momentum of the REV102 preclinical program, indicating positive progress in the company's pipeline.
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