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ERASErasca Inc

NASDAQ · Healthcare · Biotechnology

$15.87

-$0.89 (-5.31%)

Erasca Inc (ERAS) is a biotechnology company listed on NASDAQ. It is led by Jonathan E. Lim M.D., based in 3115 Merryfield Row, San Diego, CA, United States, 92121, with about 103 employees. Erasca, Inc., a clinical-stage precision oncology company, focuses on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers. The company's product pipeline includes ERAS-0015, a pan-RAS molecular glue for the treatment of patients with RAS-mutated solid tumors; ERAS-4001, a pan-KRAS inhibitor for the treatment of patients with KRAS-mutated solid tumors; and ERAS-12, an investigational EGFR D2/D3 biparatopic antibody (bpAb) for the treatment of EGFR and RAS/MAPK solid tumors. It has license agreement with Guangzhou Joyo Pharmatech Co., Ltd to develop, manufacture, and commercialize certain pan-RAS inhibitors; Medshine Discovery Inc. to develop, manufacture, and commercialize certain pan-KRAS inhibitors; Novartis Pharma AG to develop, manufacture, use, and commercialize naporafenib; NiKang Therapeutics, Inc. to develop and commercialize ERAS-601 and certain other related compounds; and Asana BioSciences, LLC to develop and commercialize ERAS-007 and certain other related compounds. The company has a clinical trial collaboration and supply agreement with Tango Therapeutics, Inc. for the evaluation of ERAS-0015. Erasca, Inc. was incorporated in 2018 and is headquartered in San Diego, California.

Net income was -$95.5M. ERAS currently screens at market cap $4.13B.

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About Erasca Inc

Erasca, Inc., a clinical-stage precision oncology company, focuses on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers. The company's product pipeline includes ERAS-0015, a pan-RAS molecular glue for the treatment of patients with RAS-mutated solid tumors; ERAS-4001, a pan-KRAS inhibitor for the treatment of patients with KRAS-mutated solid tumors; and ERAS-12, an investigational EGFR D2/D3 biparatopic antibody (bpAb) for the treatment of EGFR and RAS/MAPK solid tumors. It has license agreement with Guangzhou Joyo Pharmatech Co., Ltd to develop, manufacture, and commercialize certain pan-RAS inhibitors; Medshine Discovery Inc. to develop, manufacture, and commercialize certain pan-KRAS inhibitors; Novartis Pharma AG to develop, manufacture, use, and commercialize naporafenib; NiKang Therapeutics, Inc. to develop and commercialize ERAS-601 and certain other related compounds; and Asana BioSciences, LLC to develop and commercialize ERAS-007 and certain other related compounds. The company has a clinical trial collaboration and supply agreement with Tango Therapeutics, Inc. for the evaluation of ERAS-0015. Erasca, Inc. was incorporated in 2018 and is headquartered in San Diego, California.

ERAS Key Statistics

Market Cap

$4.13B

Volume

2.66M

Previous Close

$17.60

Day Range

$17.70$18.50

00

EPS

-$0.69

Revenue

$0.00

Net Income

-$161.65M

Gross Profit

$0.00

Free Cash Flow

$0.00

Employees

103

ERAS Financials

Annual income statement in USD. Latest reported periods first.

ERAS annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$0.00$0.00$0.00$0.00
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income-$161.65M-$125.04M-$242.81M-$122.76M
EPS (Diluted)-$0.69-$0.83-$1.99-$1.85

Total Assets

$502.53M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$67.74M

Operating Cash Flow

-$109.42M

Free Cash Flow

$0.00

Erasca Inc Company Information

Co-Founder, Chairman & CEO
Jonathan E. Lim M.D.
Headquarters
3115 Merryfield Row, San Diego, CA, United States, 92121
Phone
858 465 6511
IPO / Founded
2021-07-16
Industry
Biotechnology
Data Updated:

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