REVOLUTION Medicines

REVOLUTION Medicines

RVMD
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RVMD · Stock Price

USD 142.51+102.09 (+252.57%)
Market Cap: $30.4B

Historical price data

Market Cap: $30.4BPipeline: 14 drugs (3 Phase 3)Patents: 20Founded: 2014Employees: 251-500HQ: Redwood City, United States

Overview

Revolution Medicines is a clinical-stage biopharmaceutical company with a mission to develop targeted therapies for RAS-addicted cancers, one of the most prevalent and challenging oncogenic drivers. Its core achievement is the development of a proprietary tri-complex inhibitor platform that enables the direct targeting of active, GTP-bound 'RAS(ON)' proteins, a frontier long considered undruggable. The company's strategy is to advance a deep pipeline of RAS(ON) inhibitors through clinical development, aiming to establish a new standard of care. This scientific and strategic focus has garnered significant investor confidence, reflected in its substantial market valuation.

Oncology

Technology Platform

Proprietary Tri-Complex Inhibitor Platform that recruits the cellular chaperone cyclophilin A to create a novel interface for selectively inhibiting active-state 'RAS(ON)' proteins and other challenging targets.

Pipeline

14
14 drugs in pipeline3 in Phase 3
DrugIndicationStageWatch
daraxonrasibPancreatic CancerPhase 3
daraxonrasib + docetaxelNSCLC (Non-small Cell Lung Cancer)Phase 3
RMC-6236 + Gemcitabine + nab-paclitaxel + Irinotecan + Lipos...Pancreatic CancerPhase 3
RMC-6291 + RMC-6236 + Pembrolizumab + Cisplatin + Carboplati...Non-Small Cell Lung Cancer, NSCLCPhase 1/2
Elironrasib + DaraxonrasibNon-Small Cell Lung Cancer (NSCLC)Phase 1/2

Funding History

4
Total raised:$476M
IPO$275M
Series C$100M
Series B$56M
Series A$45M

Opportunities

The primary opportunity is addressing the vast, untreated population of patients with non-G12C KRAS mutations (e.g., G12D, G12V) through its pan-RAS and allele-specific inhibitors, a multi-billion dollar market with no approved therapies.
Additionally, its next-generation KRASG12C(ON) inhibitor RMC-6291 has the potential to capture share in the established G12C market by overcoming limitations of current covalent inhibitors.

Risk Factors

Key risks include clinical failure of its novel tri-complex inhibitors in later-stage trials, intense and fast-moving competition in the RAS space, and the future challenge of building a commercial organization to launch multiple potential products in complex oncology markets.

Competitive Landscape

Revolution faces direct competition from approved KRASG12C inhibitors (Amgen, Mirati/BMS) and a crowded field of companies developing therapies for non-G12C mutations, including Mirati/BMS, Johnson & Johnson, and several biotechs. Its primary competitive advantages are the first-in-class pan-RAS approach of RMC-6236 and the unique mechanism of its tri-complex platform.

Company Timeline

2014Founded

Founded in Redwood City, United States

2016Series B

Series B: $56.0M

2019Series C

Series C: $100.0M

2020IPO

IPO — $275.0M