other material
confidence high
sentiment neutral
materiality 0.65
ORIC Pharma reports $280.8M cash; pipeline milestones extend into 2023
Oric Pharmaceuticals, Inc.
- Cash, cash equivalents and investments of $280.8M as of Dec 31, 2021; funds operations into first half of 2024.
- ORIC-101 Phase 1b updates from two combination trials expected in first half of 2022.
- Initial Phase 1b data for ORIC-533 (multiple myeloma), ORIC-114 (EGFR/HER2), and ORIC-944 (prostate cancer) expected in first half of 2023.
- Two discovery programs advanced into lead optimization; new program/indication to be announced in 2022.