24/7 Market News Snapshot 08 July, 2025 – Rallybio Corporation Common Stock (NASDAQ:RLYB)

July 8, 2025

DENVER, Colo., 08 July, 2025 (www.247marketnews.com) – (NASDAQ:RLYB) are discussed in this article.
Rallybio Corporation (RLYB) has garnered attention in the financial markets, witnessing a substantial pre-market surge with its shares trading at $0.541, a striking increase of approximately 58.93% from the previous close of $0.340. This remarkable growth is further evidenced by an impressive trading volume of 24.45 million shares, indicating heightened investor interest and confidence in the company’s prospects. Analysts suggest that this robust activity may signal a pivotal moment for Rallybio within the biotechnology sector, emphasizing the need for vigilance in tracking momentum indicators for potential breakouts.

In a strategic move to enhance its operational focus, Rallybio has announced a definitive agreement to divest its interest in REV102, a promising ENPP1 inhibitor in preclinical development intended for the treatment of hypophosphatasia (HPP). Through a collaboration with Recursion Pharmaceuticals, Rallybio will receive up to $25 million, comprised of a $7.5 million upfront equity payment alongside additional milestone payments linked to the program’s progression.

The partnership underscores a shared commitment to advancing treatment options for HPP, with the REV102 program moving into IND-enabling studies. Rallybio’s Chief Executive Officer, Stephen Uden, M.D., expressed optimism regarding the transaction, highlighting its potential to extend the company’s financial runway into mid-2027 and sharpen focus on its drug development initiatives. The agreement also entails contingent payments totaling $12.5 million related to the initiation of further preclinical studies, supplemented by potential royalties on net sales from the REV102 program.

Recursion Pharmaceuticals’ Chief Scientific Officer, David Hallett, welcomed the partnership, emphasizing that acquiring full ownership of REV102 will accelerate the development of critical treatment options for HPP patients. Rallybio remains steadfast in its mission to deliver transformative therapies and advance its extensive pipeline to address significant healthcare challenges.

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