other material
confidence high
sentiment positive
materiality 0.65
Roche exercises option for Recursion's Microglia Map; $30M fee
RECURSION PHARMACEUTICALS, INC.
- Roche exercised option for a first-of-its-kind whole genome map of brain immune cells (Microglia Map) from Recursion.
- Recursion will receive a $30 million Acceptance Fee from Roche under the 2021 Collaboration and License Agreement.
- The Microglia Map is generated by Recursion's platform as part of the ongoing partnership with Roche.