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.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Erasca Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-277571), on November 12, 2025, and is solely responsible for the information contained therein.
Comments