Recursion climbs as experimental drug reduces polyp growth in rare disease trial
** Shares of drug developer Recursion Pharma RXRX.O rise 6.2% to $5.05 premarket ** Co says its experimental oral drug, REC-4881, helped reduce abnormal growths, called polyps, in the colon of patients with a rare genetic condition called familial adenomatous polyposis ** In an early to mid-stage trial, 9 out of 11 patients maintained a durable reduction in total polyp burden, 12 weeks after discontinuing therapy ** Co is looking to expand the study to a broader population of patients aged 18 years and above ** Up to last close, stock down 30.3% YTD (Reporting by Christy Santhosh) ((Christy.Santhosh@thomsonreuters.com))
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