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ORIC® Pharmaceuticals Reports Selection of Rinzimetostat RP3D in Combination with Darolutamide for Himalayas-1 Phase 3 Global Study with Dose Optimization Data Supporting Its Potential Best-in-Disease Profile

(Moderate)
(Positive)

ORIC (Nasdaq: ORIC) selected rinzimetostat 400 mg once daily as the RP3D in combination with darolutamide for the Himalayas-1 global Phase 3 registrational trial, expected to initiate in 1H 2026. Early Phase 1b data (median follow-up ~5 months) show landmark rPFS rates of 93%, 84%, and 84% at 3, 4, and 5 months, respectively, a 47% PSA50 rate (7/15), and 71% achieving >50% ctDNA reduction (10/14). Safety at 400 mg was favorable: mostly Grade 1–2 TRAEs, one Grade 3 TRAE, rare dose modifications. Company plans a ~600-patient, 1:1 randomized Phase 3 with rPFS primary endpoint.

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Positive

  • RP3D chosen: 400 mg QD rinzimetostat
  • Landmark rPFS: 84% at 5 months
  • PSA50 responses: 47% (7/15)
  • ctDNA >50% reduction: 71% (10/14)
  • Phase 3 planned: ~600 patients across >20 countries
  • Favorable safety: mostly Grade 1–2 TRAEs

Negative

  • Efficacy based on small cohorts: 18 efficacy-evaluable patients at RP3D
  • Short median follow-up: ~4.8–4.9 months
  • Higher AEs and modifications observed at 600 mg dose

News Market Reaction – ORIC

-41.00% 8.9x vol
72 alerts
-41.00% Session close to close
-42.9% Trough in 30 hr 26 min
$1.31B Market Cap
8.9x Rel. Volume

In the Apr 1 session, ORIC declined 41.00%, reflecting a significant negative market reaction. Argus tracked a trough of -42.9% from its starting point during tracking. Our momentum scanner triggered 72 alerts that day, indicating high trading interest and price volatility. Trading volume was exceptionally heavy at 8.9x the daily average, suggesting significant selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -41.0% in the session following this news. A negative reaction despite encouraging...
Analysis

The stock dropped -41.0% in the session following this news. A negative reaction despite encouraging efficacy and safety data would contrast with ORIC’s prior clinical updates, which averaged about 10.02% positive moves. Some investors might focus on execution risk around a large ~600-patient global Phase 3 and the time until first-half 2026 initiation. Recent insider selling and the stock already trading well above its 52-week low of $3.8951 could also weigh on risk–reward perceptions.

Key Figures

RP3D sample size: 18 patients 5-month rPFS: 84% PSA50 response rate: 47% (7/15) +5 more
8 metrics
RP3D sample size 18 patients Efficacy-evaluable patients at 400 mg once daily as of March 6, 2026
5-month rPFS 84% Landmark rPFS at 5 months for 400 mg plus darolutamide
PSA50 response rate 47% (7/15) Patients at RP3D with ≥50% PSA decline; subset with post-baseline PSA
ctDNA reduction rate 71% (10/14) Patients with >50% ctDNA reduction among those with baseline ctDNA
Himalayas-1 enrollment approximately 600 patients Planned Phase 3 mCRPC trial size, randomized 1:1 vs physician’s choice
US incident population approximately 17,000 patients Annual US mCRPC patients previously treated with abiraterone
US addressable market greater than $3.5 billion Estimated US market for post-abiraterone mCRPC
Global addressable market $7 billion Estimated total global addressable market for the target mCRPC population

Previous Clinical trial Reports

5 past events · Latest: 2025-11-13 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
2025-11-13 Phase 1b dose data Positive +0.5% Dose exploration data showed strong PSA and ctDNA responses with favorable safety.
2025-10-27 Preclinical efficacy data Positive +2.3% Preclinical results supported best-in-class PRC2 potential across tumor models.
2025-05-28 Phase 1b preliminary data Positive +33.5% Preliminary Phase 1b combo data showed high PSA responses and tolerable safety.
2025-04-28 AACR preclinical data Positive +11.1% AACR preclinical findings highlighted synergy with ARPIs and robust PRC2 inhibition.
2025-02-25 Registrational plans Positive +2.7% Company outlined focused registrational plans and extended cash runway into 2027.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Clinical trial and development updates for rinzimetostat/ORIC-944 have typically led to positive share reactions, with an average same-tag move of about 10.02% and no negative responses in the past five such events.

Recent Company History

Over the last year, ORIC has steadily advanced rinzimetostat (ORIC-944) from early Phase 1b data toward Phase 3 planning. Prior updates showed strong PSA and ctDNA responses, generally mild toxicities, and repeated positioning as a potential best-in-class PRC2 inhibitor. These announcements, along with preclinical data and registrational development plans, often coincided with positive stock moves. Today’s selection of a 400 mg RP3D and Phase 3 design continues that trajectory from exploratory data toward a global registrational program.

Key Terms

mCRPC, PRC2, ctDNA, PSA50, +2 more
6 terms
mCRPC medical
"registrational trial in post-abiraterone mCRPC, with initiation expected"
mCRPC stands for metastatic castration‑resistant prostate cancer, a form of prostate cancer that has spread beyond the prostate and keeps progressing despite treatments that lower male hormones. It matters to investors because this stage is harder to treat, drives demand for new therapies, and often involves large, expensive clinical trials and regulatory decisions that can strongly influence a drug maker’s future revenue and stock value—think of it as a stubborn problem that creates both medical need and commercial opportunity.
PRC2 medical
"consistent with the competitor PRC2 inhibitor currently in Phase 3 in mCRPC"
PRC2 is a protein complex that helps control which genes are turned on or off by placing chemical tags on the proteins that package DNA, acting like a dimmer switch for gene activity. Investors watch PRC2 because drugs that alter its function can change cell behavior in diseases such as cancer, making it a focal point for drug development, clinical trial outcomes, and potential therapeutic value.
ctDNA medical
"ctDNA molecular response was evaluated in 14 patients with detectable ctDNA"
Circulating tumor DNA (ctDNA) is tiny fragments of genetic material shed by cancer cells into the bloodstream, like breadcrumbs that can reveal a tumor’s presence and genetic makeup without needing a biopsy. For investors, ctDNA matters because tests and technologies that detect and analyze these fragments can speed diagnosis, track treatment response, and signal relapse, creating commercial opportunities in diagnostics, personalized therapies, and monitoring services.
PSA50 medical
"47% of patients (7/15) achieved a PSA50 response, with 33% (5/15) confirmed"
A PSA50 is a clinical measure meaning a 50% or greater drop in the level of prostate‑specific antigen (PSA), a blood protein used to track prostate cancer activity. Investors watch PSA50 because it is an early, easy-to-measure sign that a treatment may be working; stronger or more frequent PSA50 responses in trials can boost confidence in a drug’s effectiveness, influence regulatory outlook and affect a company’s valuation.
PSA90 medical
"two confirmed PSA50 responses and one confirmed PSA90 response in the first five patients"
PSA90 denotes a 90% or greater drop in prostate-specific antigen (PSA) levels from a patient’s starting value, used as a shorthand measure of how strongly a prostate cancer treatment is reducing tumor activity. For investors, PSA90 is a quick signal of a drug’s efficacy in clinical trials—like seeing a thermometer fall sharply after treatment—and can influence regulatory expectations, market value, and licensing potential.
Project Optimus regulatory
"in accordance with the FDA's Project Optimus initiative, the company conducted"
Project Optimus is a regulatory initiative from the U.S. Food and Drug Administration aimed at changing how cancer drugs are dosed during development, encouraging careful testing to find the best effective dose rather than simply the highest tolerated one. For investors this matters because it can change clinical trial plans, add time or cost, affect safety and labeling outcomes, and ultimately influence a drug’s commercial success—like tuning volume to a clear level instead of always turning it up to the maximum.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Rinzimetostat 400 mg once daily selected as RP3D in combination with darolutamide for Himalayas-1 global Phase 3 registrational trial in post-abiraterone mCRPC, with initiation expected in 1H 2026

At a median follow-up of ~5 months, landmark 5-month rPFS of 84% is consistent with competitor PRC2 inhibitor and substantially better than standard of care therapies in mCRPC

Highly differentiated, potential best-in-disease safety profile, with significantly lower frequency and severity of adverse events, nearly all Grade 1 or 2, and far fewer treatment modifications than competitor regimens

Company to host a conference call and webcast today at 4:30 pm ET

SOUTH SAN FRANCISCO, Calif. and SAN DIEGO, March 31, 2026 (GLOBE NEWSWIRE) -- ORIC Pharmaceuticals, Inc. (Nasdaq: ORIC), a clinical stage oncology company focused on developing treatments that address mechanisms of therapeutic resistance, today announced a rinzimetostat (ORIC-944) program update and potential best-in-disease efficacy and safety data from the Phase 1b trial of once daily rinzimetostat in combination with darolutamide in patients with metastatic castration-resistant prostate cancer (mCRPC) who were previously treated with abiraterone acetate (abiraterone).

“The combination dose optimization data announced today provide confirmatory evidence that support rinzimetostat’s potential best-in-disease clinical profile, reinforcing its path towards becoming a practice-changing therapy for patients with prostate cancer,” said Jacob M. Chacko, M.D., president and chief executive officer. “The durability observed to date is consistent with the competitor PRC2 inhibitor currently in Phase 3 in mCRPC and appears meaningfully improved relative to other approved standard of care therapies. Notably, rinzimetostat demonstrated this impressive durability with a markedly cleaner safety profile than competitor regimens.”

“These data provide compelling validation for advancing rinzimetostat in combination with darolutamide into Phase 3 registrational trials in patients with prostate cancer,” said Pratik S. Multani, M.D., chief medical officer. “We expect our first Phase 3 trial, Himalayas-1, in patients with mCRPC previously treated with abiraterone, to initiate in the first half of 2026 while we continue to evaluate rinzimetostat in additional indications in prostate cancer and beyond.”

Rinzimetostat Phase 1b Dose Optimization Data in Combination with Darolutamide
Patients were previously treated with a median of two prior lines of therapy, including abiraterone, up to one prior line of chemotherapy, and a variety of other approved and investigational treatment regimens. This median excludes background androgen deprivation therapy or first-generation androgen receptor (AR) inhibitors that the patients may have received. 18 patients were treated with 400 mg of rinzimetostat once daily and 15 patients were treated with 600 mg of rinzimetostat once daily, both in combination with the standard dose of darolutamide at 600 mg twice daily.

Rationale for Selection of the Recommended Phase 3 Dose (RP3D)
At the 400 mg dose, rinzimetostat in combination with darolutamide continues to be well tolerated and demonstrates a safety profile supportive of long-term administration and sustained patient adherence. As of the January 16, 2026 data cutoff, the vast majority of treatment-related adverse events (TRAEs) were Grade 1 in severity and consistent with PRC2 and AR inhibition. The most common TRAEs were fatigue (39%; 17% Grade 1 and 22% Grade 2), diarrhea (22%; 17% Grade 1 and 6% Grade 2) and nausea (22%; all Grade 1). A single Grade 3 TRAE was observed, and no Grade 4 or 5 AEs were attributed to rinzimetostat or darolutamide. Dose modifications were rare (one interruption and one discontinuation), with no dose reductions required. The 600 mg dose of rinzimetostat in combination with darolutamide was associated with a modestly higher rate of adverse events and dose modifications. In a broader dataset of post-ARPI (androgen receptor pathway inhibitor) patients (n=72, inclusive of the post-abiraterone patients), the safety and tolerability profile was consistent with the post-abiraterone cohort.

To support the selection of the recommended Phase 3 dose in accordance with the FDA's Project Optimus initiative, the company conducted a comprehensive exposure-response (E-R) analysis in over 100 patients across both the single-agent and combination data evaluating the relationship between rinzimetostat drug exposure versus efficacy and safety outcomes. The analysis demonstrated that 400 mg and 600 mg once daily provided comparable efficacy. In contrast, the E-R analysis identified statistically significant relationships between higher drug exposure and toxicities as well as increased rates of treatment modifications, clearly favoring the 400 mg dose on the basis of safety. Based on these findings 400 mg once daily in combination with darolutamide has been selected as the RP3D for rinzimetostat.

Preliminary Efficacy Analysis at RP3D
As of March 6, 2026, radiographic progression-free survival (rPFS) was assessed in 18 efficacy-evaluable patients. PSA responses were assessed in a subset of 15 patients with at least one post-baseline assessment as of the January 16, 2026 clinical cutoff. ctDNA molecular response was evaluated in 14 patients with detectable ctDNA at baseline.

Early efficacy data, including landmark rPFS rates, PSA reductions and ctDNA responses, are suggestive of meaningful and durable clinical benefit for rinzimetostat in combination with darolutamide compared to competitor data and historical outcomes with approved therapies. Rinzimetostat 400 mg once daily in combination with darolutamide demonstrated compelling efficacy across multiple endpoints:

  • With a median follow up of 4.9 months, landmark rPFS rates of 93%, 84%, and 84% at 3, 4, and 5 months, respectively, are consistent with the competitor PRC2 inhibitor currently in Phase 3 in post-abiraterone mCRPC patients and superior to available standard-of-care therapies, including Xtandi®, Jevtana®, Taxotere®, and Pluvicto®. For reference, the 5-month landmark rPFS for these approved therapies ranges from approximately 60% to 75%.
  • 47% of patients (7/15) achieved a PSA50 response, with 33% (5/15) confirmed.
  • Impressive ctDNA reductions observed across a range of AR mutations, with 71% of patients (10/14) achieving >50% ctDNA reduction.

Himalayas-1 Phase 3 Trial
The company expects to initiate the Himalayas-1 global Phase 3 registrational trial in mCRPC patients previously treated with abiraterone in the first half of 2026. This proposed trial will enroll approximately 600 patients from over 250 sites in over 20 countries, randomized 1:1 to receive the RP3D of 400 mg QD rinzimetostat in combination with darolutamide versus physician’s choice of an AR inhibitor or chemotherapy. The primary endpoint is rPFS, the key secondary endpoint is overall survival, and additional secondary endpoints include PSA response rate, objective response rate and patient reported outcomes.

In the US, the annual incidence of mCRPC patients previously treated with abiraterone is approximately 17,000, with an estimated addressable market of greater than $3.5 billion and total global addressable market of $7 billion. This market lacks oral, well-tolerated therapies with meaningful efficacy.

Next Steps
Rinzimetostat 400 mg QD plus darolutamide is currently being evaluated in a food effect cohort. Thus far, there does not appear to be a significant food effect, consistent with previous single agent studies. Furthermore, as of March 6, 2026, early efficacy and safety are consistent with fasted results, with two confirmed PSA50 responses and one confirmed PSA90 response in the first five patients dosed, and all TRAEs reported being Grade 1 with a single Grade 2 TRAE.

The company is also evaluating additional prostate cancer populations for future potential Phase 3 trials in mCRPC and mCSPC. Early data from rinzimetostat in 19 patients with mCRPC previously treated with AR inhibitors demonstrated compelling landmark rPFS rates of 93%, 85%, and 85% at 3, 4, and 5 months, respectively, with a median follow-up of 4.8 months.

Rinzimetostat Phase 1b Trial Design
Rinzimetostat is being evaluated in a Phase 1b dose optimization trial in combination with ERLEADA® (apalutamide), Johnson & Johnson’s AR inhibitor, and NUBEQA® (darolutamide), Bayer’s AR inhibitor, in patients with mCRPC. Patients are eligible if they have received prior treatment with an ARPI and up to one prior chemotherapy. The primary objective of the trial is to determine the RP3D, and additional objectives include safety, tolerability, pharmacokinetics, and preliminary clinical activity.

Conference Call and Webcast Details
ORIC will host a conference call and webcast today at 4:30 p.m. ET. To join the conference call via phone and participate in the live Q&A session, please pre-register online here to receive a telephone number and unique passcode required to enter the call. A live webcast and audio archive of the conference call will be available through the investor section of the company’s website at www.oricpharma.com. The webcast will be available for replay for 90 days following the presentation.

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) rinzimetostat (ORIC-944), an allosteric inhibitor of the polycomb repressive complex 2 (PRC2) via the EED subunit, being developed for prostate cancer, and (2) enozertinib (ORIC-114), a brain-penetrant inhibitor targeting EGFR exon 20 and EGFR PACC mutations, being developed for NSCLC. 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, the continued clinical development of rinzimetostat (ORIC-944); statements regarding the potential best-in-class and best-in-disease properties of rinzimetostat; clinical outcomes from combination studies with rinzimetostat, which may materially change as patient enrollment continues or more patient data become available; the development plans and timelines for rinzimetostat; the potential advantages of rinzimetostat; plans underlying ORIC’s clinical trials and development; next steps and anticipated program milestones, including the initiation of rinzimetostat’s first global Phase 3 registrational trial in mCRPC; estimated patient population and market data; and statements by the company’s chief executive officer and chief medical officer. 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 rinzimetostat or any other 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 rinzimetostat, 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 entitled “Risk Factors” in ORIC’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (the SEC) on February 23, 2026, 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
dominic.piscitelli@oricpharma.com
info@oricpharma.com

All registered trademarks are the property of their respective owners.


FAQ

What RP3D did ORIC select for rinzimetostat in Himalayas-1 (ORIC) and why?

ORIC selected rinzimetostat 400 mg once daily as the RP3D for Himalayas-1. According to ORIC, exposure-response analysis across >100 patients showed comparable efficacy to 600 mg but significantly fewer toxicities and treatment modifications at 400 mg.

How effective was rinzimetostat plus darolutamide in early Phase 1b data (ORIC) by rPFS?

Early data showed landmark rPFS of 93%, 84%, and 84% at 3, 4, and 5 months. According to ORIC, these rates come from a median follow-up of ~4.9 months in 18 efficacy-evaluable patients at the RP3D.

What safety profile did ORIC report for rinzimetostat 400 mg with darolutamide?

Safety at 400 mg was largely Grade 1–2 with one Grade 3 TRAE and no Grade 4–5 attributed events. According to ORIC, dose modifications were rare, supporting long-term administration and adherence.

What clinical responses were reported for PSA and ctDNA in ORIC’s Phase 1b update?

ORIC reported a 47% PSA50 rate (7/15) and 71% >50% ctDNA reduction (10/14). According to ORIC, these responses were observed in subsets with post-baseline assessments and detectable baseline ctDNA.

When will ORIC start the Himalayas-1 Phase 3 trial and what is its design?

ORIC expects to initiate Himalayas-1 in 1H 2026, enrolling ~600 patients randomized 1:1 to rinzimetostat 400 mg QD plus darolutamide versus physician’s choice AR inhibitor or chemotherapy, with rPFS as the primary endpoint, according to ORIC.

What limitations did ORIC acknowledge in the rinzimetostat Phase 1b dataset?

ORIC’s data are early and from small cohorts: the RP3D efficacy-evaluable group included 18 patients with median follow-up ~5 months. According to ORIC, longer follow-up and larger randomized data are planned in Himalayas-1.