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Added to YB: 2024-06-28

Pitch date: 2024-06-27

RLAY [bullish]

Relay Therapeutics, Inc.

+40.41%

current return

Author Info

Steve Wagner provides in-depth analysis of my favorite individual companies. Sign up for the newsletter.

Company Info

Relay Therapeutics, Inc. operates as a clinical-stage precision medicines company. It transforms the drug discovery process with a focus on enhancing small molecule therapeutic discovery in targeted oncology and genetic disease indications.

Market Cap

$1.6B

Pitch Price

$6.31

Price Target

N/A

Dividend

N/A

EV/EBITDA

-3.21

P/E

-5.24

EV/Sales

122.62

Sector

Biotechnology

Category

growth

Show full summary:
This Biotech Stock Could Double By Year-End 2024 - Relay Therapeutics, Inc.

RLAY: AI-driven drug discovery co. RLY-2608 shows promise in breast cancer trials w/ 86% CBR at 600mg BID + fulvestrant. 4/24 patients w/ partial response. Versatile PI3Kα inhibitor potential for multiple cancers. Q4 2024 data readout crucial. $750M cash runway to 2H 2026. High-risk/high-reward biotech play w/ significant market potential if successful.

Read full article (6 min)