Renalytix Plc develops artificial intelligence-enabled in vitro diagnostic solutions for kidney diseases. The company offers KidneyIntelX, a diagnostic platform that employs an artificial intelligence-enabled algorithm that combines various data inputs, including validated blood-based biomarkers, inherited genetics and personalized patient data from electronic health record, and systems to generate a unique patient risk score. Renalytix AI plc has a license agreement with Mount Sinai Health System to develop and commercialize licensed products in connection with the application of artificial intelligence for the diagnosis of kidney disease; Joslin Diabetes Center, Inc. for developing and commercializing products for diagnosing and predicting kidney disease using biomarkers; and Kantaro Biosciences LLC for developing and commercializing laboratory tests for the detection of antibodies against SARS-CoV-2. Its products are used in kidney disease diagnosis and prognosis, clinical care, patient stratification for drug clinical trials, and drug target discovery. The company has a partnership agreement with Atrium Health, Wake Forest Baptist Health, and Wake Forest School of Medicine to implement an advanced clinical care model designed to improve kidney health and reduce kidney disease progression and kidney failure in high-risk populations. The company was formerly known as Renalytix AI plc and changed its name to Renalytix Plc in June 2021. Renalytix Plc was founded in 2018 and is based in London, the United Kingdom.
IPO Year: 2020
Exchange: NASDAQ
Website: renalytix.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/18/2022 | $30.00 | Buy | HC Wainwright & Co. |
1/4/2022 | $24.00 | Buy | BTIG |
10/4/2021 | $28.00 | Buy | Guggenheim |
7/2/2021 | $38.00 | Buy | Berenberg |
HC Wainwright & Co. initiated coverage of Renalytix with a rating of Buy and set a new price target of $30.00
BTIG initiated coverage of Renalytix with a rating of Buy and set a new price target of $24.00
Guggenheim initiated coverage of Renalytix with a rating of Buy and set a new price target of $28.00
Berenberg initiated coverage of Renalytix with a rating of Buy and set a new price target of $38.00
Investec downgraded Renalytix AI from Buy to Hold