Erasca Reports $362 Million Cash Position as of September 30, 2025

Reuters11-13
Erasca Reports $362 Million Cash Position as of September 30, 2025

Erasca Inc. reported cash, cash equivalents, and marketable securities of $362.4 million as of September 30, 2025, compared to $440.5 million as of December 31, 2024. Research and development expenses were $22.5 million for the quarter ended September 30, 2025, down from $27.6 million for the same period in 2024. The company expects its cash position to fund operations into the second half of 2028. Key business developments include U.S. patent protection through 2043 for ERAS-0015, the promotion of Robert Shoemaker, Ph.D., to chief scientific officer, and the expectation of initial Phase 1 monotherapy data for ERAS-0015 and ERAS-4001 in 2026.

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