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Oric Pharmaceuticals reports Q4 EPS (51c), consensus (51c)

Oric Pharmaceuticals reports Q4 EPS (51c), consensus (51c)

“2024 was a year of significant advancements across several areas,” stated Jacob Chacko, M.D., president and chief executive officer. “Key achievements included initiation of multiple cohorts for ORIC-114 in non-small cell lung cancer and ORIC-944 in metastatic castration-resistant prostate cancer. We also established three strategic partnerships with major pharmaceutical companies, expanded our leadership team’s expertise, and secured $125 million in financing, which extends our cash runway into late 2026. We anticipate seven data readouts in the next year and a half and are working towards potential registration studies for ORIC-114 in the latter half of 2025 and for ORIC-944 in early 2026.”

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