New Markets Tax Credit Coalition

Search

Recursion Pharmaceuticals

Working capital for recursion Pharmaceuticals, which provides data driven drug discovery aiming to repurpose existing drugs to cure rare genetic diseases.

Investment

  • NMTC Amount: $2,600,000
  • Total Project Cost: $2,600,000

IMPACT

  • 168 FTE jobs

Project Description

Recursion Pharmaceuticals provides data driven drug discovery aiming to repurpose existing drugs to cure rare genetic diseases. The project provided the Company with working capital.

MAP

Address: 41 South Rio Grande, Salt Lake City, UT 84107

Census Tract: 49035102500

PDF Profile

Other Utah Projects

The adaptive reuse of the now-vacant 58,000 square-foot historic Ben Lomond Garage in Ogden, Utah into a creative and arts-focused mixed-use development.
Financing for a new food bank and distribution center in Salt Lake City, UT.
Artspace Commons North is a green, mixed-use artist community in downtown Salt Lake City, Utah.
The largest solar installation in the state of Utah and nearly doubling the state's current solar capacity.