Relay Therapeutics

Biotech company focused on drug discovery

Cambridge, Massachusetts, United States

About Relay Therapeutics

Relay Therapeutics focuses on drug discovery by studying protein motion to develop new treatments for complex diseases. Their main tool, the Dynamo™ platform, uses both experimental and computational methods to identify potential drug candidates, especially for conditions that are hard to treat with current therapies. This platform allows them to target proteins that have previously been difficult to address, particularly in areas like precision oncology and genetic diseases. Unlike many competitors, Relay Therapeutics emphasizes the importance of protein dynamics in their research, which sets them apart in the biotech field. Their goal is to create effective medicines that can significantly improve patients' lives, and they are actively conducting clinical trials to ensure the safety and effectiveness of their drug candidates.

Cambridge, MassachusettsHeadquarters
2016Year Founded
$535MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
201-500Employees

Benefits

Medical, dental, vision
Life, disability, & FSA
401k
Commuter benefits
Parental leave
Home office stipend
Tuition reimbursement
PTO

Risks

Increased competition from VantAI threatens Relay's market position.
Layoffs may impact Relay's operational efficiency and research progress.
Reliance on public offerings suggests potential financial instability for Relay.

Differentiation

Relay's Dynamo platform targets previously undruggable proteins, expanding treatment possibilities.
Focus on protein motion places Relay at the forefront of innovative drug discovery.
Relay's precision oncology approach tailors treatments to individual genetic profiles.

Upsides

AI-driven drug discovery complements Relay's computational techniques, enhancing drug development.
Quantum computing integration could boost Dynamo's capabilities in drug discovery.
Rising personalized medicine trend aligns with Relay's precision medicine focus.

Funding

Total raised$535.00 M
Latest valuation$1.70 B
StageIPO
POST IPO EQUITY
8/31/2024
$200
PRIVATE PLACEMENT VC
12/31/2023
$30
IPO
6/30/2020
$400
$1.70 B
SERIES A
8/31/2016
$57
$285.00 M