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Recursion Pharma announces deal with Roche AG and Genentech

Utah biotech startup Recursion Pharmaceuticals on Tuesday announced a deal with Swiss drug and diagnostics giant Roche AG, and its U.S. subsidiary Genentech, that could generate billions in new revenues. Recursion has been on a roll in 2021, raising over $500 million in an April IPO and launching plans to more than double the size of its Salt Lake City headquarter facilities.
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