Race Oncology
RAC.AXRAC.AX · Stock Price
Historical price data
Overview
Racura Oncology is advancing RC220, a reformulated version of the anthracene-based drug (E,E)-bisantrene, through three clinical programs in AML, EGFRm NSCLC, and solid tumors. The company's key innovations include the 2025 discovery of its novel MYC-silencing mechanism, enabling new composition-of-matter patents, and the demonstration of cardioprotection when combined with anthracyclines. Operating with a lean, virtual model, Racura's strategy is to progress its clinical portfolio while actively seeking strategic partnerships or M&A to accelerate global commercialization.
Technology Platform
Proprietary small molecule (E,E)-bisantrene that silences the MYC oncogene via G-quadruplex DNA/RNA binding and provides cardioprotection, reformulated as RC220 for peripheral IV administration.
Pipeline
4| Drug | Indication | Stage | Watch |
|---|---|---|---|
| Bisantrene | Acute Myelogenous Leukemia | Phase 2 | |
| Bisantrene + Fludarabine + Clofarabine | Myelogenous Leukemia, Acute | Phase 2 | |
| RC220 + Doxorubicin (Adriamycin) | Solid Tumours | Phase 1 | |
| Bisantrene Dihydrochloride (high dose) + Bisantrene Dihydroc... | Acute Myeloid Leukemia | Phase 1 |
Funding History
3Opportunities
Risk Factors
Competitive Landscape
RC220's primary competition in AML includes targeted agents for genetic subsets; its broader mechanism is a differentiator. In solid tumors, its MYC-targeting and cardioprotection are nearly unique, positioning it as a complementary agent to standard chemotherapies rather than a direct competitor to most targeted therapies.
Company Timeline
Founded in Sydney, Australia
Seed: $2.0M
Series A: $10.0M
IPO — $15.0M