ORIC Pharmaceuticals

ORIC Pharmaceuticals

ORIC
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ORIC · Stock Price

USD 8.81+3.73 (+73.43%)
Market Cap: $915.1M

Historical price data

Market Cap: $915.1MFounded: 2014Employees: 100-250HQ: South San Francisco, United States

Overview

ORIC Pharmaceuticals is a clinical-stage biotech with a mission to overcome therapeutic resistance in cancer, a primary cause of treatment failure. The company has successfully raised over $900 million, advanced four programs into clinical trials, and is progressing key assets like ORIC-114 and rinzimetostat (ORIC-944) in late-phase 1b/2 studies. Its strategy centers on a proprietary resistance platform to develop combination therapies that extend the efficacy of standard-of-care treatments, positioning it as a potential partner of choice in the oncology landscape.

Oncology

Technology Platform

A systematic resistance platform focused on identifying and targeting three categories of cancer treatment failure: innate, acquired, and bypass resistance, utilizing translational models to develop combination therapies.

Funding History

4
Total raised:$282M
IPO$120M
Series C$55M
Series B$50M
Series A$57M

Opportunities

The multi-billion dollar oncology combination therapy market offers a massive opportunity for drugs that extend the durability of standard-of-care treatments.
ORIC's systematic platform and late-stage-ready asset in prostate cancer position it to capture significant value by addressing the core problem of therapeutic resistance.

Risk Factors

Key risks include clinical trial failure of lead assets in competitive indications, the complexities of combination therapy development, potential dilution from future capital needs, and reliance on future partnerships for commercialization.

Competitive Landscape

ORIC competes with both large pharma and biotechs developing next-generation monotherapies and combination strategies. Its primary differentiation is a platform and pipeline wholly dedicated to overcoming defined resistance mechanisms, aiming for best-in-class profiles in specific combination settings.

Company Timeline

2014Founded

Founded in South San Francisco, United States

2014Series A

Series A: $57.0M

2019Series C

Series C: $55.0M

2020IPO

IPO — $120.0M