![]() This article was generated by Benzinga's automated content engine and reviewed by an editor. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders. Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. Analysts typically rate each stock once per quarter or whenever the company has a major update. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.Īnalysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. How Are Analyst Ratings Determined?īenzinga tracks 150 analyst firms and reports on their stock expectations. Stay up to date on Blueprint Medicines analyst ratings. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. On the date of publication, Jeremy Flint held no positions in the securities mentioned. Although costly research caused more significant cash outflows in recent periods, the firm has sufficient runway to continue operations and ride the AI wave as they engineer healthcare’s future. ![]() More appealing to investors, though, is the relatively low stock price compared to peers in AI-enabled biotech spaces. The company’s extensive pipeline offers many AI-assisted opportunities for biotech investors. ![]() When therapeutic research is a complex game of identifying which compounds do as intended and what outcomes are merely byproducts, understanding single-cell outcomes is critical to drug discovery. In essence, the firm’s approach lets researchers dive into specific molecules that will benefit individual patients most. Exscientia was the first to bring an AI-designed molecule to clinical testing and recently began evaluating another AI-enhanced therapeutic. Unlike Recusion, Exscientia aims to develop bespoke drug solutions for patients. Like Recursion, Exscientia (NYSE: EXAI ) uses AI in its approach to drug discovery. A relatively new tool in the oncology kit, the partnership opens new vistas for cancer research and puts Blueprint at the forefront of biotech firms leveraging AI in clinical research. This technique uses the body’s “cellular machinery” to identify and mark faulty or cancerous cells for clinical targeting. Instead, they’ll serve the global community’s vital and growing needs.Īvoiding much of the complex science talk, the partnership lets Blueprint use Proteovant’s novel approach to protein degradation research to support its cancer treatment goals. As cancer rates continually increase each year, innovative approaches to oncology research won’t just benefit investors. Blueprint, a therapeutic biotech firm focused on cancer and blood disorder treatment, partnered with Proteovant Therapeutics in 2022 to leverage the private company’s AI-enhanced platform. In some ways, Blueprint Medicines (NASDAQ: BPMC ) was ahead of its time regarding AI-integrated healthcare solutions. With our powerful dataset and NVIDIA’s accelerated computing capabilities, we intend to create groundbreaking foundation models in biology and chemistry at a scale unlike anything that has ever been released in the biological space.” Recursion CEO Chris Gibson summed up the partnership in a press release : “Our collaboration with NVIDIA represents two best-in-class companies coming together to help solve one of the world’s most difficult challenges, drug discovery. Nvidia recognized the potential opportunity in Recursion’s methods and invested accordingly. A snag, slowdown, or regulatory hurdle anywhere in the process can push cash-strapped companies underwater permanently. This technology turns AI loose on massive chemical and biological datasets to help other biotech companies accelerate their pipeline processes.ĭrug pipelines, a lengthy process from drug discovery to FDA approval, represent the functional lifeblood of most biotech companies. The firm’s core function centers around its Recursion Operating System. Over the last year, Blueprint Medicines Corp has hit prices as high as 79.40 and as low as 37.82. During the month of July, Blueprint Medicines Corp’s stock price has reached a high of 64.03 and a low of 57.15. Blueprint Medicines Corp’s price is currently down 0.13 so far this month. On Wednesday, the firm reported a hefty $50 million cash infusion from Nvidia to support efforts in developing AI models that speed up drug discovery. Blueprint Medicines Corp Stock Price History. Recursion Pharma (NASDAQ: RXRX ) made waves this week.
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