Matchmaker

Recursion Provides Business Updates and Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, February 27, 2024

SALT LAKE CITY, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Recursion (Nasdaq: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today reported business updates and financial results for its fourth quarter and fiscal year ending December 31, 2023.

Key Points: 
  • SALT LAKE CITY, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Recursion (Nasdaq: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today reported business updates and financial results for its fourth quarter and fiscal year ending December 31, 2023.
  • Research and Development Expenses: Research and development expenses were $69.5 million for the fourth quarter of 2023, compared to $44.0 million for the fourth quarter of 2022.
  • General and Administrative Expenses: General and administrative expenses were $30.5 million for the fourth quarter of 2023 compared to $19.8 million for the fourth quarter of 2022.
  • Net Loss: Net loss was $93.0 million for the fourth quarter of 2023, compared to a net loss of $57.5 million for the fourth quarter of 2022.

Recursion and Enamine to Generate and Design Enriched Compound Libraries for Global Drug Discovery Industry

Retrieved on: 
Wednesday, December 20, 2023

“We believe combining one of the largest chemical libraries with our protein-ligand predictor tool, MatchMaker, will unlock the ability to generate more powerful compound libraries for drug discovery purposes.”

Key Points: 
  • “We believe combining one of the largest chemical libraries with our protein-ligand predictor tool, MatchMaker, will unlock the ability to generate more powerful compound libraries for drug discovery purposes.”
    “Chemical space is limitless,” said Andrey Tolmachov.
  • From there, Recursion will utilize MatchMaker’s predicted protein-ligand interactions for Enamine REAL Space containing 36B compounds to design compound libraries enriched for molecules that are likely to bind to biological targets.
  • Enamine may offer the resulting libraries to customers for purchase and will co-brand any libraries under both the Enamine and MatchMaker trademarks.
  • Furthermore, Recursion will receive preferential pricing on any enriched screening libraries made available to Enamine customers as part of the collaboration.

Premera Blue Cross Blue Shield of Alaska Improves Alaskans' Access to Behavioral Healthcare

Retrieved on: 
Tuesday, October 10, 2023

ANCHORAGE, Alaska, Oct. 10, 2023 /PRNewswire/ -- Premera Blue Cross Blue Shield of Alaska today announced improvements to members' access to behavioral healthcare, which includes care for mental health conditions and substance use disorders, through new solutions that break down barriers to accessing care. This three-year initiative included developing a service to help members find an available provider and expanding the health plan's provider network.

Key Points: 
  • Millions of people are affected by behavioral health conditions every year, but despite how common these issues are, people still struggle to get care.
  • Premera is helping members get connected to care through its Matchmaker™ for Behavioral Health program.
  • Premera also expanded its behavioral health provider network in Alaska by 45 percent in the last three years to meet the increased demand for care.
  • For more information about how to find care and use a plan's benefits, visit the behavioral health care essentials page .

Premera Blue Cross Improves Access to Behavioral Healthcare in Washington

Retrieved on: 
Thursday, August 10, 2023

Mountlake Terrace, Wash., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Premera Blue Cross today announced improvements to members’ access to behavioral healthcare, which includes care for mental health conditions and substance use disorders, through new solutions that break down barriers to accessing care.

Key Points: 
  • Mountlake Terrace, Wash., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Premera Blue Cross today announced improvements to members’ access to behavioral healthcare, which includes care for mental health conditions and substance use disorders, through new solutions that break down barriers to accessing care.
  • “When someone is struggling with a behavioral health condition, it’s critical we meet them wherever they are in their healthcare journey,” said Rami Rafeh, Vice President of Provider Strategy and Collaboration at Premera Blue Cross.
  • Premera also expanded its behavioral health provider network in Washington by 22 percent in the last three years to meet the increased demand for care.
  • To support access to behavioral healthcare in the community, Premera is continuing a partnership with UW Medicine.

Recursion Bridges the Protein and Chemical Space with Massive Protein-Ligand Interaction Predictions Spanning 36 Billion Compounds

Retrieved on: 
Tuesday, August 8, 2023

“This achievement represents a significant and exciting step toward achieving our mission of decoding biology and chemistry,” said Chris Gibson, Ph.D., Co-Founder and CEO of Recursion.

Key Points: 
  • “This achievement represents a significant and exciting step toward achieving our mission of decoding biology and chemistry,” said Chris Gibson, Ph.D., Co-Founder and CEO of Recursion.
  • “We are excited to collaborate with Recursion to explore the chemical space and support our mission to accelerate drug discovery,” said Andrey Tolmachev, Ph.D., Founder and Owner of Enamine.
  • He continued: “This achievement in the 36 Billion REAL Space is just a start of our journey.
  • The chemical knowledge accumulated at Enamine over its 35-years history allows us to explore trillions of relationships without compromising the high success rate of synthesis.

Commitment to Diversity and Inclusion Management Honored

Retrieved on: 
Wednesday, May 3, 2023

Commitment to diversity and inclusion supports a work culture where all employees are engaged, included and respected

Key Points: 
  • Commitment to diversity and inclusion supports a work culture where all employees are engaged, included and respected
    The editors of DiversityInc have once again recognized Stellantis for its tireless efforts and commitment to diversity, ranking it No.
  • 2 spot on DiversityInc's Top Companies for Supplier Diversity specialty list, moving up from No.
  • "Stellantis is honored that our long-standing enterprise-wide commitment to building and cultivating a diverse and inclusive organization has been recognized by an influential outlet such as DiversityInc," said Lottie Holland, vice president of diversity, inclusion, engagement and EEO compliance, Stellantis North America.
  • "We are so humbled to be part of an elite group of companies that have made championing and celebrating diversity and inclusion part of their culture and their mission.

Unity Highlights Innovative Games Powered by Its Development Platform at Game Developers Conference 2023

Retrieved on: 
Monday, March 20, 2023

Unity will spotlight 16 games across various platforms, from studios around the world at the Unity booth (#S327).

Key Points: 
  • Unity will spotlight 16 games across various platforms, from studios around the world at the Unity booth (#S327).
  • Each title is made with Unity and uses Unity’s platform and services to push the creative, experiential and visual limits of their games.
  • Developers now have the ability to submit their games for consideration to join the Made with Unity program and be featured amongst the vast Unity community of developers and players.
  • Finally, for an outlook on more exciting innovations and updates in the pipeline, game developers will get a preview of Unity’s development roadmap, including the company’s plans to further introduce AI capabilities for game developers.

Full Circle Insights Approaches 2023 with Major Momentum as a Successful Year Winds Down

Retrieved on: 
Tuesday, December 13, 2022

SAN MATEO, Calif., Dec. 13, 2022 /PRNewswire/ -- Full Circle Insights today announced the company has achieved strong marketplace momentum as 2022 winds down, and is poised for significant growth in the coming year. Full Circle's accomplishments in 2022 include launching their latest product, Full Circle ABM, major platform and product innovations, a new patent award and multiple industry accolades. With plans to further build out partnerships and develop product features, Full Circle is on a path to achieve even more growth in 2023.

Key Points: 
  • An analytics leader on a strong growth trajectory, Full Circle Insights has excelled by responding to the evolving B2B marketing technology marketplace in 2022.
  • Full Circle Insights Platform launch: The company has developed a full product suite package in response to customer demand.
  • The Full Circle Insights Platform gives marketers a complete picture of pipeline and revenue with B2B marketing attribution and full funnel analytics technology.
  • Full Circle Insights delivers marketing and sales performance measurement solutions to optimize a company's marketing mix and drive more revenue.

Stellantis North America Earns Benchmark Award From Rainbow PUSH Coalition

Retrieved on: 
Monday, November 14, 2022

Stellantis North America today received its second Benchmark Award from Rainbow PUSH Coalition for its commitment to supporting a workforce training program at Wayne County Community College District.

Key Points: 
  • Stellantis North America today received its second Benchmark Award from Rainbow PUSH Coalition for its commitment to supporting a workforce training program at Wayne County Community College District.
  • The award, presented by Reverend Jesse Jackson and Chairman John A. Graves to Stellantis North America COO Mark Stewart during the 2022 Rainbow PUSH Global Automotive Summit, recognizes the company's leadership in establishing the innovative Mechatronics program at the college.
  • Rainbow PUSH established the Benchmark Award in 2017 to recognize organizations, businesses and individuals who create opportunities "through innovative methodologies and unsolicited management strategies," according to the organization.
  • "At the Rainbow PUSH Coalition, we continuously encourage automakers to support workforce development programs that reflect the communities where they sell their products."

A Long-Standing Commitment to Diverse Suppliers and Communities

Retrieved on: 
Thursday, September 22, 2022

Continuing a tradition now in its 23rd year, Stellantis today virtually hosted its annual supplier diversity MatchMaker program, furthering the company's long-standing commitment to building a diverse supply base and growing wealth for diverse business owners and communities.

Key Points: 
  • Continuing a tradition now in its 23rd year, Stellantis today virtually hosted its annual supplier diversity MatchMaker program, furthering the company's long-standing commitment to building a diverse supply base and growing wealth for diverse business owners and communities.
  • The opening ceremony kicked off with remarks from Stellantis executives and Julie Fream, president and CEO of the Original Equipment Suppliers Association (OESA).
  • In 2021, its North America operations spent more than $7 billion with 200-plus diverse suppliers.
  • During the MatchMaker event, Stellantis also recognized suppliers that have demonstrated leadership, passion and commitment in building robust supplier diversity programs.