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confidence high
sentiment positive
materiality 0.80
Relay Therapeutics announces Pfizer collaboration and three new pipeline programs
Relay Therapeutics, Inc.
- Clinical collaboration with Pfizer to evaluate RLY-2608 + atirmociclib + fulvestrant in PI3Kα-mutated HR+/HER2- metastatic breast cancer; initiation planned by end of 2024.
- New pre-clinical programs: vascular malformations, Fabry disease non-inhibitory chaperone, and NRAS-selective inhibitor, targeting over 200,000 U.S. patients.
- RLY-2608 clinical development in vascular malformations expected Q1 2025; Fabry disease chaperone and NRAS inhibitor to enter clinic in H2 2025.
- Cash runway guidance unchanged; $750 million expected to fund operations into second half of 2026.