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Relay Therapeutics RLAY · USD

Health Care · US listing · 🇺🇸 United States

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20.39

+9.62%

Close of 9 Nov 2026, in USD

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About Relay Therapeutics

From its filings with the US Securities and Exchange Commission

SEC filings

Relay Therapeutics is based in Cambridge, Massachusetts and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker RLAY. The SEC classifies its business as biological products, (no diagnostic substances). In the fiscal year to 31 December 2025, it reported revenue of $15.4m and a net loss of $276.5m. At that date it held total assets of $621.3m and shareholders' equity of $567.1m.

In its own words

We are a clinical-stage, small molecule precision medicine company developing potentially life-changing therapies for patients living with cancer and genetic disease. Our Dynamo® platform integrates an array of leading-edge computational and experimental approaches designed to drug protein targets that have previously been intractable or inadequately addressed.

Precision medicine emerged as an approach for disease treatment as the understanding of the link between genetic alterations, protein dysfunction and diseases evolved. Precision medicine aims to specifically and potently drug genetically validated target proteins (i.e., genetic variants potentially implicated in biology of disease). However, some target proteins thus far have been intractable or inadequately addressed using conventional drug discovery tools. While conventional approaches are well-suited to solving some drug discovery problems such as orthosteric site kinase inhibitors, their reliance on static images of protein fragments limits their ability to gain accurate insights into the dynamic behavior of proteins in their natural state, which in turn limits their ability to discover medicines with exquisite specificity. Our approach pivots the understanding of protein targets from the industry-standard, static view, to a novel paradigm based on fundamental insights into protein motion. We then apply these novel insights into protein motion to drug discovery and design, which we term Motion-Based Drug Design®.

Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Biotechnology
Listed since
16 Jul 2020
Employees
192
Website
relaytx.com ↗
Head office
60 HAMPSHIRE STREET, CAMBRIDGE, MA, 02139
Incorporated in
DE
Classification
Biological Products, (No Diagnostic Substances)
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Alexis BorisyIndependent Chairman of the Board, since 2015$581,136
  • Dr. Sanjiv PatelPresident, Chief Executive Officer, Director, since 2017$13.1m
  • Mr. Thomas CatinazzoChief Financial Officer$4.4m
  • Dr. Donald BergstromPresident - Research and Development$6.6m
  • Mr. Peter RahmerChief Corporate Development Officer$5.0m
  • Mr. Brian AdamsChief Legal Officer, Secretary$4.4m
  • Dr. Linda HillIndependent Director$551,136
  • Mr. Douglas IngramIndependent Director$548,636
  • Dr. Sekar KathiresanIndependent Director$538,636
  • Dr. Claire MazumdarIndependent Director
  • Dr. Mark MurckoIndependent Director, since 2016$548,636

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
64
Environment
35
Social
99
Governance
57
Women in the workforce
46%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Cutting-edge Technology: Relay Therapeutics Inc harnesses advanced technologies in structural biology and machine learning algorithms to drive drug discovery and development.
  • Experienced Leadership Team: The company benefits from a team of highly skilled professionals with extensive experience in pharmaceuticals, biotechnology, and computational biology, fostering innovation and strategic decision-making.
  • Strong Intellectual Property Portfolio: Relay Therapeutics possesses a robust portfolio of patents and proprietary technologies, providing a competitive advantage in the industry and protecting its innovations.

Weaknesses

  • Limited Track Record: As a relatively new company, Relay Therapeutics lacks an extensive track record of successfully bringing drugs to market, making it less attractive to risk-averse investors.
  • Dependence on Research and Development: The success of Relay Therapeutics heavily depends on its ability to continuously innovate and develop new drugs, thereby requiring substantial investments in research and development.

Opportunities

  • Expanding Market for Precision Medicines: The increasing demand for more targeted and personalized treatments opens up opportunities for Relay Therapeutics to develop novel therapies tailored to specific diseases and patient populations.
  • Strategic Collaborations: Forming strategic partnerships and collaborations with established pharmaceutical companies or research institutions can enhance Relay Therapeutics' capabilities, resources, and market reach.

Threats

  • Intense Competition: The biopharmaceutical industry is highly competitive, with numerous companies vying to develop breakthrough therapies. Relay Therapeutics faces the risk of competitors outperforming or replicating its advancements.
  • Regulatory Challenges: Adhering to a complex regulatory landscape surrounding drug development and testing poses potential obstacles and delays in obtaining necessary approvals for Relay Therapeutics' products.
  • Market Volatility: The biotech industry is subject to market volatility and fluctuations, which can impact funding availability, investor confidence, and overall business stability for Relay Therapeutics.

Sources and methodology

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