Relay Therapeutics, Inc. (RLAY) Research
Relay Therapeutics, Inc. is a precision medicine company currently engaged in clinical trials. Its central mission involves revolutionizing the drug discovery process, with a particular focus on enhancing the creation of small molecule therapies for specific types of cancer and genetic conditions. The company's pipeline features several promising drug candidates: RLY-4008, an orally administered small molecule designed to inhibit fibroblast growth factor receptor 2 (FGFR2), which is undergoing its initial human trials for patients with advanced or metastatic solid tumors exhibiting FGFR2 alterations; RLY-2608, a leading program targeting mutant phosphoinositide 3 kinase alpha (PI3Ka); and RLY-1971, another oral small molecule, an inhibitor of SHP2 (protein tyrosine phosphatase Src homology region 2 domain-containing phosphatase-2), currently in Phase 1 trials for individuals with advanced solid tumors. Relay Therapeutics has established strategic partnerships, including a collaboration with D. E. Shaw Research, LLC, which utilizes computational modeling to analyze protein motion for the identification and development of therapeutic compounds. Furthermore, an agreement with Genentech, Inc. supports the development and commercialization of RLY-1971. Founded in 2015 as Allostery, Inc., the company rebranded to Relay Therapeutics, Inc. in December of that year and maintains its headquarters in Cambridge, Massachusetts.
Market snapshot
- Symbol
- RLAY
- Price
- $15.88
- Day change
- +2.06%
- Market cap
- $2.8B
- P/E ratio
- -10.47x
- 52-week range
- 3.025-17.47
- Sector
- Healthcare
- Industry
- Biotechnology
- Next earnings
- in 2 months
- Analyst price target
- $24.00
Recent news
- Relay's treatment shown to shrink vascular malformations in mid-stage trial
Relay Therapeutics said on Tuesday a mid-stage trial showed its experimental treatment can shrink vascular malformations and improve symptoms in patients with rare vascular disorders.
Peer companies
Recent insider activity
- Mazumdar Claire — A-Award (32947 shares) on 2026-06-09
- Dable Habib J — A-Award (32947 shares) on 2026-06-09
- HILL LINDA A — A-Award (32947 shares) on 2026-06-09
- Borisy Alexis — A-Award (32947 shares) on 2026-06-09
- INGRAM DOUGLAS S — A-Award (32947 shares) on 2026-06-09
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