Renalytix Plc (RNLX) Research

Renalytix Plc, established in New York in 2018 and known as Renalytix AI plc until its name change in June 2021, focuses on creating artificial intelligence-driven in vitro diagnostic tools for kidney ailments. Its primary product, KidneyIntelX, is an advanced diagnostic system that utilizes an AI-powered algorithm. This algorithm integrates multiple data sources, including scientifically validated blood markers, genetic predispositions, and individual patient information from electronic health records, to produce a distinct risk score for kidney disease. The company's technology is applied in various areas: identifying and predicting the course of kidney disease, informing clinical treatment, selecting patients for pharmaceutical trials, and discovering new therapeutic targets. Renalytix has formed several strategic collaborations, such as licensing agreements with Mount Sinai Health System for AI-assisted kidney disease diagnosis, with Joslin Diabetes Center, Inc. for developing biomarker-based kidney disease prediction products, and with Kantaro Biosciences LLC for laboratory tests to detect SARS-CoV-2 antibodies. Furthermore, it has partnered with Atrium Health, Wake Forest Baptist Health, and Wake Forest School of Medicine to introduce an innovative clinical care model aimed at improving kidney health outcomes and preventing disease advancement and failure in vulnerable populations.

Market snapshot

Symbol
RNLX
Price
$0.21
Day change
+5.66%
Market cap
$22.5M
P/E ratio
-0.33x
52-week range
0.176-2.4
Sector
Healthcare
Industry
Medical - Healthcare Information Services
Analyst price target
$2.00

Peer companies

  • Conformis, Inc. (CFMS)
  • Cyclo Therapeutics, Inc. (CYTH)
  • Elevation Oncology, Inc. (ELEV)
  • Elutia Inc. (ELUT)
  • Invacare Corporation (IVC)
  • MEI Pharma, Inc. (MEIP)
  • MSP Recovery, Inc. (MSPR)
  • MetaVia Inc. (MTVA)

Recent insider activity

  • ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI — J-Other (13366750 shares) on 2024-11-01
  • Jung Joel R — A-Award (60000 shares) on 2024-06-11
  • Jung Joel R — trade (0 shares) on 2024-05-27
  • ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI — J-Other (9360374 shares) on 2024-04-24
  • Coste Catherine — A-Award (95000 shares) on 2023-11-20

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