ORIC Pharmaceuticals presented preclinical data on ORIC-944, showing improved survival rates in prostate cancer treatments at AACR 2025.
Quiver AI Summary
ORIC Pharmaceuticals, Inc. announced the presentation of preclinical data on ORIC-944, a selective allosteric inhibitor of PRC2, at the 2025 American Association for Cancer Research Annual Meeting. The data revealed that ORIC-944 showed synergistic effects and improved progression-free survival when used in combination with androgen receptor pathway inhibitors in prostate cancer models. The company's Chief Scientific Officer, Lori Friedman, expressed excitement over the potential of ORIC-944 to become a leading treatment for prostate cancer, highlighting its ability to enhance treatment outcomes by reversing tumor adaptation. ORIC-944 is currently undergoing evaluation in a Phase 1b trial alongside established therapies like ERLEADA® and NUBEQA®. ORIC Pharmaceuticals, dedicated to developing cancer treatments, is also working on multiple precision medicines to target various resistance mechanisms in cancer.
Potential Positives
- ORIC-944 demonstrated improved progression-free survival (PFS) in preclinical models of both castration-sensitive and castration-resistant prostate cancer when combined with androgen receptor pathway inhibitors (ARPIs).
- The data presented at AACR highlight ORIC-944's potential as a best-in-class PRC2 inhibitor, underscoring its significance in addressing therapeutic resistance in prostate cancer treatments.
- ORIC-944 is currently undergoing clinical evaluation in combination with established therapies like ERLEADA® and NUBEQA®, indicating a strategic approach towards enhancing its therapeutic efficacy.
Potential Negatives
- Press release heavily emphasizes preclinical data and future potential without providing substantial clinical trial results, which may lead to skepticism regarding the actual effectiveness of ORIC-944 in humans.
- There is significant risk associated with the development process, as indicated by the cautionary note, highlighting numerous uncertainties that might affect the successful commercialization of ORIC-944.
- The reliance on collaborations and third parties for clinical trials and production introduces additional vulnerabilities, which could impact timelines and objectives if partnerships falter.
FAQ
What is ORIC-944?
ORIC-944 is a potent allosteric inhibitor of the PRC2 complex, showing potential as a treatment for prostate cancer.
How does ORIC-944 work in prostate cancer treatment?
ORIC-944 enhances progression-free survival and demonstrates synergistic activity with androgen receptor pathway inhibitors in preclinical prostate cancer models.
What makes ORIC-944 a best-in-class PRC2 inhibitor?
Its robust inhibition of PRC2, improved luminal features, and synergistic effects with standard treatments position ORIC-944 as a potential best-in-class option.
Is ORIC-944 currently in clinical trials?
Yes, ORIC-944 is being evaluated in an ongoing Phase 1b trial in combination with ERLEADA® and NUBEQA® for prostate cancer.
Where can I find more information about ORIC Pharmaceuticals?
Visit www.oricpharma.com or follow ORIC Pharmaceuticals on X or LinkedIn for more information.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ORIC Insider Trading Activity
$ORIC insiders have traded $ORIC stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $ORIC stock by insiders over the last 6 months:
- JACOB CHACKO (PRESIDENT AND CEO) sold 24,660 shares for an estimated $204,214
- DOMINIC PISCITELLI (Chief Financial Officer) sold 8,851 shares for an estimated $73,297
- PRATIK S MULTANI (Chief Medical Officer) sold 8,850 shares for an estimated $73,293
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ORIC Hedge Fund Activity
We have seen 67 institutional investors add shares of $ORIC stock to their portfolio, and 48 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC removed 1,911,010 shares (-43.6%) from their portfolio in Q4 2024, for an estimated $15,421,850
- SCHONFELD STRATEGIC ADVISORS LLC added 724,319 shares (+inf%) to their portfolio in Q4 2024, for an estimated $5,845,254
- SUPERSTRING CAPITAL MANAGEMENT LP added 631,223 shares (+66.5%) to their portfolio in Q4 2024, for an estimated $5,093,969
- VIKING GLOBAL INVESTORS LP added 431,008 shares (+10.8%) to their portfolio in Q4 2024, for an estimated $3,478,234
- BALYASNY ASSET MANAGEMENT L.P. added 424,194 shares (+37.5%) to their portfolio in Q4 2024, for an estimated $3,423,245
- MILLENNIUM MANAGEMENT LLC removed 265,889 shares (-90.6%) from their portfolio in Q4 2024, for an estimated $2,145,724
- FRAZIER LIFE SCIENCES MANAGEMENT, L.P. removed 254,617 shares (-6.1%) from their portfolio in Q4 2024, for an estimated $2,054,759
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SOUTH SAN FRANCISCO, Calif. and SAN DIEGO, April 28, 2025 (GLOBE NEWSWIRE) -- ORIC Pharmaceuticals, Inc. (Nasdaq: ORIC), a clinical stage oncology company focused on developing treatments that address mechanisms of therapeutic resistance, today announced the presentation of a poster at the 2025 American Association for Cancer Research (AACR) Annual Meeting, highlighting preclinical data on ORIC-944, a potent, highly selective, orally bioavailable allosteric inhibitor of PRC2, which demonstrated synergistic activity and improved progression-free survival (PFS) when combined with androgen receptor pathway inhibitors (ARPIs) in models of prostate cancer.
“We are excited by the potential of ORIC-944 to be a best-in-class PRC2 inhibitor for the treatment of prostate cancer,” said Lori Friedman, PhD, chief scientific officer. “The data presented at AACR demonstrate the strong synergy of ORIC-944 when combined with standards of care, reversing the evolution of prostate cancer, and improving progression-free survival in both castration-resistant and castration-sensitive prostate cancer models - validating the clinical exploration of ORIC-944 across the continuum of prostate cancer.”
Poster presentation:
Key findings of the presentation:
- ORIC-944 increased progression-free survival (PFS) when combined with ARPIs in both castration-sensitive and castration-resistant prostate cancer models.
- ORIC-944 demonstrated transcriptional synergy and antitumor synergy when combined with ARPIs in prostate cancer cells.
- In preclinical prostate cancer models, ORIC-944 demonstrated robust inhibition of PRC2, enhanced luminal cell state, and consistently restricted lineage transcription factor accessibility through chromatin remodeling, thereby reenforcing the luminal state and preventing access to plasticity programs.
- Results position ORIC-944 as a potential best-in-class PRC2 inhibitor that, through both transcriptional and chromatin mechanisms, blocks prostate tumor adaptation, restores luminal features, and sensitizes tumors to ARPIs.
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ORIC-944 is currently being evaluated in combination with ERLEADA® (apalutamide) and in combination with NUBEQA® (darolutamide) in an ongoing Phase 1b trial for prostate cancer.
About ORIC-944
ORIC-944 is a potent and selective allosteric inhibitor of the polycomb repressive complex 2 (PRC2) via the embryonic ectoderm development (EED) subunit that demonstrates best-in-class drug properties in preclinical studies, including potency, solubility, and pharmacokinetics, with half-life supporting once daily dosing. ORIC-944 was initially evaluated as a single agent in a Phase 1b trial in patients with advanced prostate cancer and demonstrated potential best-in-class drug properties, including clinical half-life of approximately 20 hours, robust target engagement and a favorable safety profile. ORIC-944 is currently being evaluated in combination with ERLEADA
®
(apalutamide) and in combination with NUBEQA
®
(darolutamide) in an ongoing Phase 1b trial for prostate cancer (NCT05413421).
About ORIC Pharmaceuticals, Inc.
ORIC Pharmaceuticals is a clinical stage biopharmaceutical company dedicated to improving patients’ lives by
Overcoming Resistance In Cancer.
ORIC’s clinical stage product candidates include (1) ORIC-944, an allosteric inhibitor of the polycomb repressive complex 2 (PRC2) via the EED subunit, being developed for prostate cancer, and (2) ORIC-114, a brain penetrant inhibitor that selectively targets EGFR exon 20, HER2 exon 20 and EGFR atypical mutations, being developed across multiple genetically defined cancers. Beyond these two product candidates, ORIC
®
is also developing multiple precision medicines targeting other hallmark cancer resistance mechanisms. ORIC has offices in South San Francisco and San Diego, California. For more information, please go to
www.oricpharma.com
, and follow us on
X
or
LinkedIn
.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements as that term is defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements. Such forward-looking statements include, among other things, statements regarding the advantages of ORIC-944 in preclinical models, including synergies with AR pathway inhibitors and improved PFS; the continued clinical development of ORIC-944; the potential best-in-class properties of ORIC-944; the potential advantages of ORIC-944 and ORIC’s other programs; and plans underlying ORIC’s clinical trials and development. Words such as “believes,” “anticipates,” “plans,” “expects,” “intends,” “will,” “goal,” “potential” and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein are based upon ORIC’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results could differ materially from those projected in any forward-looking statements due to numerous risks and uncertainties, including but not limited to: risks associated with the process of discovering, developing and commercializing drugs that are safe and effective for use as human therapeutics and operating as an early clinical stage company; ORIC’s ability to develop, initiate or complete preclinical studies and clinical trials for, obtain approvals for and commercialize any of its product candidates; changes in ORIC’s plans to develop and commercialize its product candidates; the potential for clinical trials of ORIC’s product candidates to differ from preclinical, initial, interim, preliminary or expected results; negative impacts of health emergencies, economic instability or international conflicts on ORIC’s operations, including clinical trials; the risk of the occurrence of any event, change or other circumstance that could give rise to the termination of ORIC’s license and collaboration agreements or its clinical trial collaboration and supply agreements; the potential market for ORIC’s product candidates, and the progress and success of competing therapeutics currently available or in development; ORIC’s ability to raise any additional funding it will need to continue to pursue its business and product development plans; regulatory developments in the United States and foreign countries; ORIC’s reliance on third parties, including contract manufacturers and contract research organizations; ORIC’s ability to obtain and maintain intellectual property protection for its product candidates; the loss of key scientific or management personnel; competition in the industry in which ORIC operates; general economic and market conditions; and other risks. Information regarding the foregoing and additional risks may be found in the section titled “Risk Factors” in ORIC’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February 18, 2025, and ORIC’s future reports to be filed with the SEC. These forward-looking statements are made as of the date of this press release, and ORIC assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law.
Contact:
Dominic Piscitelli, Chief Financial Officer
[email protected]
[email protected]