On October 29, 2025 Recursion Pharmaceuticals, Inc. (the "Company" or "Recursion") reported the exercise of the option by Roche (as defined below) for a Microglia Map—a first-of-its-kind whole genome map of the brain’s immune cells—generated by Recursion under the Collaboration and License Agreement with Genentech, Inc. and F. Hoffmann-La Roche Ltd (collectively "Roche") dated December 5, 2021 (the "Agreement"). Pursuant to the terms of the Agreement, Roche will pay to the Company an Acceptance Fee of $30 million.
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(Press release, Recursion Pharmaceuticals, OCT 29, 2025, View Source [SID1234657113])