earnings
confidence high
sentiment neutral
materiality 0.70
ORIC Pharma Q4/FY2024: $256M cash; R&D spend $114.1M; seven data readouts anticipated
Oric Pharmaceuticals, Inc.
2024-FY EPS reported
-$1.83
- Cash $256M as of Dec 31, 2024; expected to fund operations into late 2026.
- R&D expenses Q4 $32.0M (up 31% YoY), FY2024 $114.1M (up 34%).
- G&A expenses Q4 $7.6M (up 10%), FY2024 $28.8M (up 13%).
- Expects seven data readouts for ORIC-114, ORIC-944 over 18 months; potential registrational trials in 2H25/early 2026.
- Entered J&J collaboration for ORIC-114 + amivantamab in NSCLC; completed $125M private placement.