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

  • Amylyx Pharmaceuticals, Inc. (AMLX)
  • CureVac N.V. (CVAC)
  • Immatics N.V. (IMTX)
  • Inhibrx Biosciences, Inc. (INBX)
  • Nektar Therapeutics (NKTR)
  • ORIC Pharmaceuticals, Inc. (ORIC)
  • Sana Biotechnology, Inc. (SANA)
  • Syndax Pharmaceuticals, Inc. (SNDX)

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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