Oric(ORIC)

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Oric(ORIC) - 2025 Q1 - Quarterly Report
2025-05-05 20:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-39269 ORIC PHARMACEUTICALS, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 47-1787157 ( ...
Oric(ORIC) - 2025 Q1 - Quarterly Results
2025-05-05 20:10
Presented preclinical data supporting potential best-in-class profile of ORIC-944 in combination with AR inhibitors to treat prostate cancer at the 2025 AACR Annual Meeting Announced clinical trial collaboration and supply agreement with Johnson & Johnson to evaluate ORIC-114 in combination with subcutaneous amivantamab for the first-line treatment of NSCLC patients with EGFR exon 20 insertion mutations Exhibit 99.1 ORIC® Pharmaceuticals Reports First Quarter 2025 Financial Results and Operational Updates A ...
ORIC® Pharmaceuticals Reports First Quarter 2025 Financial Results and Operational Updates
GlobeNewswire· 2025-05-05 20:05
Announced focused registrational clinical development plans for lead programs, extended cash runway, and accelerated/augmented corporate milestones Presented preclinical data supporting potential best-in-class profile of ORIC-944 in combination with AR inhibitors to treat prostate cancer at the 2025 AACR Annual Meeting Announced clinical trial collaboration and supply agreement with Johnson & Johnson to evaluate ORIC-114 in combination with subcutaneous amivantamab for the first-line treatment of NSCLC pati ...
ORIC® Pharmaceuticals Presents Preclinical Data to Support the Potential of ORIC-944 as a Best-in-Class PRC2 Inhibitor for the Treatment of Prostate Cancer at the 2025 American Association for Cancer Research (AACR) Annual Meeting
GlobeNewswire· 2025-04-28 20:30
SOUTH SAN FRANCISCO, Calif. and SAN DIEGO, April 28, 2025 (GLOBE NEWSWIRE) -- ORIC Pharmaceuticals, Inc. (Nasdaq: ORIC), a clinical stage oncology company focused on developing treatments that address mechanisms of therapeutic resistance, today announced the presentation of a poster at the 2025 American Association for Cancer Research (AACR) Annual Meeting, highlighting preclinical data on ORIC-944, a potent, highly selective, orally bioavailable allosteric inhibitor of PRC2, which demonstrated synergistic ...
ORIC Pharmaceuticals: Multiple Data Releases In 2025 Make It A Must-Watch Biotech
Seeking Alpha· 2025-04-22 13:15
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ORIC® Pharmaceuticals Announces ORIC-944 Preclinical Presentation at the 2025 American Association for Cancer Research (AACR) Annual Meeting
GlobeNewswire· 2025-03-25 20:30
SOUTH SAN FRANCISCO, Calif. and SAN DIEGO, March 25, 2025 (GLOBE NEWSWIRE) -- ORIC Pharmaceuticals, Inc. (Nasdaq: ORIC), a clinical stage oncology company focused on developing treatments that address mechanisms of therapeutic resistance, today announced that a preclinical abstract highlighting the potential of ORIC-944, a potent and selective allosteric inhibitor of PRC2 to treat prostate cancer, has been accepted for poster presentation at the 2025 American Association for Cancer Research (AACR) Annual Me ...
ORIC® Pharmaceuticals Announces Focused Registrational Clinical Development Plans for Lead Programs, Extended Cash Runway, and Updated Corporate Milestones
GlobeNewswire· 2025-02-25 21:15
Core Insights - ORIC Pharmaceuticals is focusing on registrational development plans for its lead programs, ORIC-944 and ORIC-114, targeting indications with strong clinical validation and high unmet needs [1][3] - The initiation of the first Phase 3 trial for ORIC-944 in metastatic castration-resistant prostate cancer (mCRPC) is expected in the first half of 2026, while ORIC-114's registrational trials for first-line non-small cell lung cancer (NSCLC) are anticipated to start in 2026 [1][3] - The company has extended its projected cash runway into 2027, allowing for accelerated corporate milestones [2][6] Registrational Development Plans - ORIC-944 is a potent allosteric inhibitor of PRC2, with a Phase 3 trial initiation planned for mCRPC in 1H 2026 [4] - ORIC-114 is an irreversible EGFR/HER2 inhibitor, with registrational trials focused on first-line NSCLC expected to begin in 2026 [5][7] Corporate Highlights - As of December 31, 2024, ORIC had cash, cash equivalents, and investments totaling $256 million, with an extended cash runway into 2027 based on a refined operating plan [6] - Favorable enrollment trends for both ORIC-944 and ORIC-114 are expected to lead to accelerated data reporting, including dose escalation data for ORIC-944 in 1H 2025 and comprehensive NSCLC data in 2H 2025 [7]
Oric(ORIC) - 2024 Q4 - Annual Report
2025-02-18 21:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39269 ORIC PHARMACEUTICALS, INC. (Exact name of Registrant as specified in its Charter) (State or other jurisdiction of incorporatio ...
Oric(ORIC) - 2024 Q4 - Annual Results
2025-02-18 21:10
Financial Position - ORIC Pharmaceuticals reported cash and investments of $256 million as of December 31, 2024, expected to fund operations into late 2026[12]. - The company secured $125 million in financing during 2024, extending its cash runway into late 2026[2]. - The total stockholders' equity increased to $243.1 million as of December 31, 2024, up from $224.1 million in 2023[16]. Research and Development Expenses - Research and development (R&D) expenses for Q4 2024 were $32.0 million, up from $24.5 million in Q4 2023, representing a 29% increase[12]. - For the full year 2024, R&D expenses totaled $114.1 million, compared to $85.2 million in 2023, marking a 34% increase[12]. General and Administrative Expenses - General and administrative (G&A) expenses for Q4 2024 were $7.6 million, compared to $6.9 million in Q4 2023, an increase of 10%[12]. Net Loss - The net loss for Q4 2024 was $36.3 million, compared to a net loss of $28.3 million in Q4 2023, reflecting a 28% increase in losses[18]. Clinical Programs and Trials - ORIC anticipates seven data readouts across ORIC-114 and ORIC-944 clinical programs over the next 18 months, with potential registrational trials starting in 2H25 and early 2026[1]. - ORIC-944 is being evaluated in combination with apalutamide and darolutamide in ongoing Phase 1b trials for metastatic castration-resistant prostate cancer (mCRPC)[7]. - ORIC-114 is in clinical collaboration with Johnson & Johnson for the treatment of non-small cell lung cancer (NSCLC) patients with EGFR exon 20 insertion mutations[3].
ORIC® Pharmaceuticals Reports Fourth Quarter and Full Year 2024 Financial Results and Operational Updates
GlobeNewswire· 2025-02-18 21:05
Core Insights - ORIC Pharmaceuticals reported encouraging early safety and efficacy data for ORIC-944 in combination with androgen receptor inhibitors for metastatic castration-resistant prostate cancer (mCRPC) [1] - The company entered a clinical trial collaboration with Johnson & Johnson to evaluate ORIC-114 in combination with amivantamab for non-small cell lung cancer (NSCLC) patients with EGFR exon 20 insertion mutations [1][5] - ORIC anticipates seven data readouts across its clinical programs over the next 18 months, with potential registrational trials starting in the second half of 2025 and early 2026 [1][2] - The company has a cash position of $256 million, expected to fund operations into late 2026 [1][11] Clinical Developments - ORIC-114 is being developed as a brain penetrant, orally bioavailable, irreversible EGFR/HER2 inhibitor for NSCLC [3] - ORIC-944 is a potent and selective allosteric inhibitor of PRC2, currently in trials for prostate cancer [4] - The company has initiated multiple cohorts for ORIC-114 and ORIC-944, with ongoing trials showing promising results [2][5] - Preclinical data presented at major conferences indicate the potential best-in-class properties of both ORIC-114 and ORIC-944 [5][6] Financial Performance - For Q4 2024, ORIC reported R&D expenses of $32 million, up from $24.5 million in Q4 2023, reflecting increased external expenses and personnel costs [11] - General and administrative expenses for Q4 2024 were $7.6 million, compared to $6.9 million in Q4 2023 [11] - The total net loss for the year ended December 31, 2024, was $127.8 million, compared to $100.7 million for the previous year [16]