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Erasca, Inc. - ERAS STOCK NEWS

Welcome to our dedicated page for Erasca news (Ticker: ERAS), a resource for investors and traders seeking the latest updates and insights on Erasca stock.

About Erasca, Inc.

Erasca, Inc. (Nasdaq: ERAS) is a clinical-stage precision oncology company dedicated to erasing cancer through the discovery, development, and commercialization of therapies targeting RAS/MAPK pathway-driven cancers. Founded by pioneers in precision oncology and RAS targeting, the company has assembled one of the most comprehensive pipelines in the industry focused on shutting down the RAS/MAPK pathway, a critical driver of cancer growth and survival. Guided by its name and mission—'to erase cancer'—Erasca is committed to solving some of oncology's most challenging problems.

Scientific Focus and Unique Approach

Erasca's research and development efforts are centered on the RAS/MAPK pathway, a well-validated but historically challenging target in cancer biology. The company's pipeline includes a range of investigational therapies designed to target both upstream and downstream nodes of this pathway. Notable candidates include:

  • Naporafenib: A potential first-in-class and best-in-class pan-RAF inhibitor, currently in Phase 3 trials for NRAS-mutant melanoma and Phase 1b trials for RAS Q61X solid tumors.
  • ERAS-007: An oral ERK1/2 inhibitor targeting downstream nodes of the pathway.
  • ERAS-601: An oral SHP2 inhibitor targeting upstream nodes of the pathway.
  • ERAS-0015 and ERAS-4001: Recently in-licensed preclinical assets, including a pan-RAS molecular glue and a pan-KRAS inhibitor, with complementary mechanisms of action and best-in-class potential.

These programs aim to address high unmet needs in oncology, particularly in aggressive cancers like NRAS-mutant melanoma, where no targeted therapies are currently approved. Erasca's approach involves both monotherapy and combination regimens, leveraging its deep understanding of cancer biology to optimize therapeutic outcomes.

Pipeline and Development Strategy

Erasca's pipeline is among the deepest in the industry for RAS/MAPK pathway-driven cancers. The company employs a strategic approach to drug development, prioritizing programs with the highest probability of success and largest potential impact. This includes advancing pivotal trials like SEACRAFT-2 for naporafenib in NRAS-mutant melanoma and initiating investigational new drug (IND) applications for ERAS-0015 and ERAS-4001. The company also collaborates with world-class scientific advisors and partners to accelerate its mission.

Market Position and Industry Significance

Erasca operates within the highly competitive precision oncology landscape, which includes both established pharmaceutical companies and emerging biotech firms. The company's singular focus on the RAS/MAPK pathway, combined with its robust pipeline and scientific expertise, positions it uniquely in the market. Its commitment to addressing high unmet needs and its innovative approach to drug discovery make it a significant player in the oncology space.

Challenges and Opportunities

As a clinical-stage company, Erasca faces inherent challenges, including high R&D costs, long development timelines, and dependence on regulatory approvals. However, its strategic focus, strong pipeline, and partnerships provide a solid foundation for potential success. By addressing critical gaps in cancer treatment, Erasca has the opportunity to make a transformative impact on patient outcomes.

Conclusion

Erasca, Inc. exemplifies innovation and commitment in the fight against cancer. Through its precision oncology focus and groundbreaking pipeline, the company is well-positioned to contribute meaningfully to the treatment of RAS/MAPK pathway-driven cancers.

Rhea-AI Summary
Erasca, Inc. (Nasdaq: ERAS) to present at 42nd annual J.P. Morgan Healthcare Conference, with a focus on precision oncology therapies for RAS/MAPK pathway-driven cancers.
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Erasca, Inc. (Nasdaq: ERAS) has announced that the FDA granted Fast Track Designation to naporafenib in combination with trametinib for the treatment of adult patients with unresectable or metastatic melanoma who have progressed on or are intolerant to anti‑programmed death-1 (ligand 1) (PD‑(L)1)-based regimen, and whose tumors contain an NRAS mutation. Naporafenib is an orally available, Phase 3-ready pan-RAF inhibitor with a potential first-in-class and best-in-class profile in NRAS-melanoma and other RAS/MAPK pathway-altered solid tumors. The company is rapidly advancing clinical development with the initiation of the pivotal Phase 3 SEACRAFT-2 trial expected in the first half of 2024.
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Erasca, Inc. (ERAS) announces program updates for naporafenib and ERAS-801, extending cash runway to H1 2026. The company gained alignment with global health authorities for pivotal Phase 3 SEACRAFT-2 trial design for naporafenib plus trametinib in NRAS mutant melanoma, completed dose escalation and identified MTD for ERAS-801, supporting enrollment of expansion cohorts in recurrent GBM.
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Erasca, Inc. (Nasdaq: ERAS) reported financial results for the fiscal quarter ended September 30, 2023, and provided updates on their clinical programs. The company dosed the first patient with naporafenib plus trametinib in their SEACRAFT-1 Phase 1b trial and identified promising activity in the HERKULES-3 signal-seeking study of ERAS-007 in combination with encorafenib and cetuximab in EC-naïve patients with BRAF-mutated colorectal cancer. The company's balance sheet shows a strong position with $344 million in cash, cash equivalents, and marketable securities as of September 30, 2023.
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Erasca, Inc. (Nasdaq: ERAS) will participate in investor conferences in November 2023, including Jefferies London Healthcare Conference and 6th Annual Evercore ISI HealthCONx Conference. Webcasts and one-on-one investor meetings are planned. The company focuses on therapies for RAS/MAPK pathway-driven cancer.
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Erasca, Inc. to participate in fireside chat at Cantor Global Healthcare Conference
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Erasca, Inc. to participate in fireside chat and investor meetings at Morgan Stanley Healthcare Conference
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Erasca announces dosing of first patient in SEACRAFT-1 Phase 1b trial evaluating naporafenib and trametinib in RAS Q61X solid tumors. SEACRAFT-2 trial in NRAS-mutant melanoma to begin in H1 2024.
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FAQ

What is the current stock price of Erasca (ERAS)?

The current stock price of Erasca (ERAS) is $1.28 as of March 3, 2025.

What is the market cap of Erasca (ERAS)?

The market cap of Erasca (ERAS) is approximately 369.0M.

What is Erasca, Inc.'s primary focus?

Erasca focuses on discovering, developing, and commercializing therapies for RAS/MAPK pathway-driven cancers, aiming to address high unmet needs in oncology.

What are Erasca's key pipeline products?

Key products include naporafenib (pan-RAF inhibitor), ERAS-007 (ERK1/2 inhibitor), ERAS-601 (SHP2 inhibitor), and preclinical assets like ERAS-0015 and ERAS-4001.

What differentiates Erasca from other oncology companies?

Erasca's singular focus on the RAS/MAPK pathway, comprehensive pipeline, and innovative combination regimens set it apart in the precision oncology space.

What challenges does Erasca face as a clinical-stage company?

Erasca faces challenges such as high R&D costs, long development timelines, and reliance on regulatory approvals, common to clinical-stage biotech firms.

What is the significance of the RAS/MAPK pathway in cancer treatment?

The RAS/MAPK pathway is a critical driver of cancer growth and survival. Targeting this pathway offers potential for transformative therapies in oncology.

What is the status of naporafenib in clinical development?

Naporafenib is in Phase 3 trials for NRAS-mutant melanoma and Phase 1b trials for RAS Q61X solid tumors, with promising preliminary data.

What recent assets has Erasca in-licensed?

Erasca recently in-licensed ERAS-0015, a pan-RAS molecular glue, and ERAS-4001, a pan-KRAS inhibitor, both with best-in-class potential.

How does Erasca plan to fund its operations?

Erasca's cash, cash equivalents, and marketable securities are expected to fund operations into the first half of 2027, supported by recent equity financings.
Erasca, Inc.

Nasdaq:ERAS

ERAS Rankings

ERAS Stock Data

368.96M
228.29M
12.39%
87.06%
11.72%
Biotechnology
Pharmaceutical Preparations
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United States
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