Exhibit 99.1
Recursion Announces Therapeutics Advisory Board, Chaired by Joseph Miletich, MD, PhD
Therapeutics Advisory Board to help guide Recursion’s growing clinical pipeline through development
SALT LAKE CITY, July 13, 2021 — Recursion (NASDAQ: RXRX), a clinical-stage biotechnology company decoding biology by integrating technological innovations across biology, chemistry, automation, machine learning and engineering, today announced its formation of a Therapeutics Advisory Board (TAB), chaired by Joseph Miletich, MD, PhD. The TAB will guide Recursion’s executive team and Board of Directors on the key challenge of developing medicines at scale from its tech-enabled drug discovery pipeline and bringing them to the patients who need them the most.
Most recently, Dr. Miletich was Merck Research Laboratories’ senior vice president of research sciences and is currently senior scientific advisor to Merck’s CEO. Prior to his last 6+ years at Merck Research Laboratories, Dr. Miletich served as senior vice president of research and development at Amgen.
“I am so delighted for our team to be working with and learning from one of the industry’s most compelling scientists,” said Recursion Co-founder and CEO Chris Gibson, PhD. “Joe brings decades of experience identifying and advancing potential new medicines into and through development, but also a learner’s mindset and a broad appreciation for the potential of innovative new approaches, including technology-enabled discovery, to revolutionize the pace, scale and likelihoods of success of our industry.”
“This is both a critical and an opportune time to adapt the discovery and development of new therapeutics to capitalize on what has become possible, while retaining knowledge of what is useful and necessary,” said Joe Miletich, MD, PhD. “Leveraging technology the team has developed to date, Recursion is well-positioned to make substantive contributions to our collective understanding of human pathobiology and how best to modulate it to improve human health. I am excited to join Chris and his team on that journey.”
According to Dr. Miletich, one reason he transitioned from a life in academia to developing therapeutics was the opportunity to bring treatments to patients without the unconscious bias sometimes intertwined in academic research. At Recursion, he will help drive its programs discovered through the Recursion OS, which uses machine learning tools to explore foundational biology unconstrained by human bias, through clinical development. Dr. Miletich’s decades of industry-leading drug hunting, combined with his innovative outlook on tech-enabled drug discovery, will lead Recursion’s TAB in helping guide the company’s therapeutic development.
Learn more about Recursion and view its pipeline at Recursion.com/pipeline.
