Better AI Biotech Stock: Recursion Pharmaceuticals vs. 23andMe
Recursion Pharmaceuticals (NASDAQ: RXRX) and 23andMe (NASDAQ: ME) are both popular biotech stocks that are wooing investors with their claims about using artificial intelligence (AI) to supercharge the drug development process. Let's examine their prospects and determine which of these two biotech stocks is the better investment. 23andMe is famous for its consumer genetic testing business, which accounted for 79% of its $61 million in total revenue for its fiscal 2024 first quarter (ended June 30).