OnKure Therapeutics

OnKure Therapeutics

OKUR
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OKUR · Stock Price

USD 3.96+2.04 (+106.25%)
Market Cap: $159.0M

Historical price data

Overview

OnKure Therapeutics is a U.S.-based, publicly traded biotech (OKUR) focused on discovering and developing precision medicines for cancer. The company's strategy centers on building a broad pipeline of tumor-agnostic, potentially best-in-class therapies, leveraging a leadership team with a proven track record. A key recent achievement is an oversubscribed $150 million private placement in March 2026 to advance its next-generation PI3Kα inhibitor candidates in breast cancer and vascular anomalies, providing significant capital to propel its lead programs forward.

OncologyVascular Anomalies

Technology Platform

Platform centered on the discovery and development of next-generation, mutant-selective small molecule inhibitors for tumor-agnostic precision oncology, with a core focus on overcoming the toxicity limitations of earlier targeted therapies.

Pipeline

8
8 drugs in pipeline1 in Phase 3
DrugIndicationStageWatch
REN001Primary Mitochondrial MyopathyPhase 2/3
Mavodelpar + PlaceboPrimary Mitochondrial MyopathyPhase 2
OKI-179 + binimetinibRAS MutationPhase 1/2
REN001McArdle DiseasePhase 1
OKI-179Advanced Solid TumorsPhase 1

Funding History

1
Total raised:$54M
Venture$54M

Opportunities

The lead PI3Kα inhibitor addresses large markets in HR+ breast cancer and high-need orphan indications in vascular anomalies, with potential for best-in-class safety.
The tumor-agnostic strategy aligns with the growing paradigm of biomarker-driven cancer care, opening multiple avenues for expansion.

Risk Factors

High clinical risk associated with demonstrating superior efficacy and safety for its lead asset in a competitive landscape.
The company's low public valuation and dependence on a single program create significant volatility and financing risk long-term.

Competitive Landscape

Faces direct competition from Novartis's alpelisib and multiple next-gen PI3Kα/AKT inhibitors in oncology. In the broader tumor-agnostic space, competes with large pharma and specialized biotechs targeting various oncogenic drivers, necessitating clear differentiation.