CSIMarket
 
Erasca Inc   (NASDAQ: ERAS)
 
Price: $16.2500 $0.22 1.372%
Day's High: $16.540000915527344 Week Perf: 0.37 %
Day's Low: $ 15.90 30 Day Perf: -12.54 %
Volume (M): 522,282 52 Wk High: $ 24.28
Volume (M$): $ 0 52 Wk Avg: $10.79
Open: $16.05 52 Wk Low: $1.53



 Market Capitalization (Millions $) 5,059
 Shares Outstanding (Millions) 311
 Employees 103
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -287
 Cash Flow (TTM) (Millions $) -19
 Capital Exp. (TTM) (Millions $) 0

Business Description


Erasca Inc is a biotech company dedicated to discovering and developing innovative therapies for the treatment of cancer. The company was founded in 2018 and is headquartered in San Diego, California. Its mission is to eradicate cancer by developing precision medicines that target the root causes of the disease.

The core technology of Erasca is focused on precision medicine, which involves developing targeted therapies based on genetic and molecular information of individual patients. This technology allows the company to develop drugs that specifically target cancer cells, while minimizing harm to healthy cells in the body. Erasca has a number of proprietary drug discovery platforms that enable the development of these targeted therapies.

One of Erasca's flagship products is Erava, a targeted therapy designed to treat patients with solid tumors. This drug is currently in phase 1/2 clinical trials and has shown promising results in early testing. Erasca is also developing other products, including ERAS-007, a potential treatment for patients with KRAS-mutated cancer, and a range of antibody-drug conjugates (ADCs) that target different types of cancer cells.

The company's leadership team is composed of industry veterans with extensive experience in the development of oncology drugs. They bring a diverse range of expertise across drug discovery, clinical development, and regulatory affairs. Erasca has also formed strategic collaborations with leading institutions in the field of cancer research, such as MD Anderson Cancer Center and Children's Hospital Los Angeles.

Erasca has received significant support from institutional investors, raising more than $300 million in funding since its inception. The company is also committed to social responsibility, partnering with organizations like Stand Up To Cancer to help fund cancer research and raise awareness about the disease. Overall, Erasca represents a promising new entrant in the field of oncology drug development, with a strong focus on precision medicine and a commitment to making a meaningful impact in the fight against cancer.


   Company Address: 3115 Merryfield Row San Diego 92121 CA
   Company Phone Number: 465-6511   Stock Exchange / Ticker: NASDAQ ERAS


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
NRIX        1.88% 
RIGL   -2.37%    
RYTM   -0.79%    
TGTX   -3.99%    
ZLAB   -10.52%    
ZYME   -12.04%    
• View Complete Report
   



Clinical Study

Breaking Boundaries Naporafenib and Trametinib Combination Trial Offers Hope for NRAS-Mutant Melanoma Patie...

Published Tue, Jun 18 2024 12:01 PM UTC

Erasca, a leading biopharmaceutical company, has recently commenced the SEACRAFT-2 pivotal Phase 3 trial to assess the efficacy and safety of a potential breakthrough treatment for NRAS-mutant melanoma. The combination therapy under investigation includes Naporafenib, a promising pan-RAF inhibitor, and Trametinib, which targets the MAPK pathway.Naporafenib has emerged as a f...

Financing Agreement

Erasca Raises $184 Million in Oversubscribed Underwritten Offering to Advance Precision Oncology Therapies

Published Tue, May 21 2024 8:05 PM UTC


SAN DIEGO, May 21, 2024 Erasca Inc. (Nasdaq: ERAS), a clinical-stage precision oncology company specializing in discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers, has successfully concluded its oversubscribed underwritten offering. The company announced the closure of this offering, which included the full exercis...

Clinical Study

Evolving Cancer Treatment: Erasca's Game-Changing RAS-Targeting Franchise

Published Fri, May 17 2024 12:02 AM UTC

In the rapidly evolving field of cancer research, Erasca has recently made groundbreaking strides with their strategic in-licensing of a RAS-targeting franchise, featuring the remarkable Pan-RAS molecular glue ERAS-0015 and pan-KRAS inhibitor ERAS-4001. This article aims to outline the facts surrounding this promising development and assess its profound impact on the future ...

Shares

Erasca, Inc. Raises $160 Million in Underwritten Offering to Accelerate Precision Oncology Therapies

Published Fri, May 17 2024 12:00 AM UTC

Erasca, Inc. Secures $160 Million in Underwritten Offering to Advance Precision Oncology Therapies
SAN DIEGO, May 16, 2024 - Erasca, Inc. (Nasdaq: ERAS), a leading clinical-stage precision oncology company specializing in therapies for patients with RAS/MAPK pathway-driven cancers, has successfully priced an underwritten offering of 86,486,486 shares of its common stock ...

Financing Agreement

Erasca Announces Successful $45 Million Oversubscribed Private Placement Financing, Bolstering Company's Growth Prospects

Published Thu, Mar 28 2024 12:30 AM UTC

1. Funding Extends Erasca s Cash Runway as Company Records Net Loss
Erasca Inc, a leading biotechnology company focused on developing precision oncology therapies, has recently announced an extension of its anticipated cash runway through the second half of 2026. This significant funding comes from a combination of new and existing investors, highlighting the confidence...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) -
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) -
Price to Sales (Expected) -
Price to Book 13.98
PEG (TTM) -

Financial Strength Current
Quick Ratio 16.41
Working Capital Ratio 16.67
Leverage Ratio (MRQ) 0.2
Total Debt to Equity -
Interest Coverage (TTM) -
Debt Coverage (TTM) -

Per Share Current
Earnings (TTM) -0.95 $
Revenues (TTM) -
Cash Flow (TTM) -
Cash 1.96 $
Book Value 1.16 $
Dividend (TTM) 0 $

Efficiency Current
Revenue per Employee (TTM) -
Net Income per Employee (TTM) -2,788,573
Receivable Turnover Ratio (TTM) -
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) -

Profitability Ratios Current
Gross Margin (MRQ) -
Operating Margin (MRQ) -
Net Margin (MRQ) -
Net Cash Flow Margin (MRQ) -
Effective Tax Rate (TTM) -

Management Effectiveness Current
Return On Assets (TTM) -
Return On Investment (TTM) -
Return On Equity (TTM) -
Dividend Yield -
Pay out Ratio (TTM) -






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