Welcome to our dedicated page for Arcus Bioscience news (Ticker: RCUS), a resource for investors and traders seeking the latest updates and insights on Arcus Bioscience stock.
Arcus Biosciences, Inc. (NYSE: RCUS) generates frequent news as a clinical-stage, global biopharmaceutical company advancing investigational therapies for cancer, inflammatory diseases and autoimmune diseases. News about Arcus often centers on clinical trial updates for its lead programs, collaboration developments and corporate financing activities that support its pipeline.
Key oncology news items include data readouts and study milestones for casdatifan, a small-molecule HIF‑2α inhibitor being developed for clear cell renal cell carcinoma (ccRCC). Investors can follow announcements from the ARC‑20 Phase 1/1b study in late-line and early-line ccRCC, the global Phase 3 PEAK‑1 trial in immunotherapy-experienced metastatic ccRCC, and the eVOLVE‑RCC02 Phase 1b/3 study that combines casdatifan with volrustomig in first-line metastatic ccRCC. Updates often highlight progression-free survival, response rates, safety findings and the design of new cohorts or registrational strategies.
Arcus news also covers its broader oncology portfolio, including quemliclustat, a CD73 inhibitor in the PRISM‑1 Phase 3 trial for first-line metastatic pancreatic ductal adenocarcinoma, and the domvanalimab plus zimberelimab combinations in gastrointestinal and lung cancers. Coverage has included positive survival and response data from the Phase 2 EDGE‑Gastric study, as well as the later decision to discontinue the Phase 3 STAR‑221 and EDGE‑Gastric studies after an interim analysis showed no overall survival benefit over standard therapy.
On the inflammation and immunology side, Arcus issues updates on its emerging small-molecule programs targeting MRGPRX2, TNF, CCR6 and CD40L, and an anti‑CD89 antibody program. News may describe preclinical progress, selection of development candidates and plans to enter the clinic in indications such as atopic dermatitis, chronic spontaneous urticaria, rheumatoid arthritis, psoriasis, inflammatory bowel disease, multiple sclerosis and systemic lupus erythematosus.
Corporate and financial news for RCUS includes public equity offerings, amendments to loan facilities, participation in major healthcare and investor conferences, and guidance on cash runway. Readers can use this news page to follow how clinical data, partnership decisions with Gilead Sciences and Taiho Pharmaceutical, and capital-raising activities shape Arcus’s development priorities over time.
Arcus Biosciences, Inc. (NYSE:RCUS) announced the grant of equity awards to seven new employees, totaling 20,450 stock options at an exercise price of $30.01 per share, based on the February 23, 2022 closing price. Additionally, 10,225 restricted stock units were awarded. The grants fall under the 2020 Inducement Plan approved by the Board of Directors in January 2020, complying with NYSE regulations.
Arcus is committed to developing innovative cancer therapies and has advanced multiple investigational medicines into clinical studies.
Arcus Biosciences reported strong financial results for the fourth quarter and full year 2021, highlighting a net income of $279.4 million for Q4 compared to a net loss of $51.9 million in the previous year. Revenues surged to $354.5 million, significantly up from $9.5 million year-over-year, mainly due to Gilead's collaboration. The company holds approximately $1.4 billion in cash, ensuring funding into 2026. Arcus has multiple Phase 3 studies underway for its lead drug, domvanalimab, in various cancers, indicating robust pipeline growth.
Arcus Biosciences (NYSE: RCUS), a biopharmaceutical company focused on developing cancer therapies, announced participation in two upcoming investor conferences. The first is the SVB Leerink 11th Annual Global Healthcare Conference, scheduled for February 16, 2022, at 1:20 p.m. PT, and the second is the Barclay’s Global Healthcare Conference on March 17, 2022, at 1:35 p.m. ET. Live audio webcasts will be available on the Arcus Biosciences website, and replays will be accessible for two weeks after the events.
Arcus Biosciences (NYSE:RCUS) announced the granting of stock options and restricted stock units to six new employees, totaling 64,050 shares at an exercise price of $30.30, equivalent to the closing price on February 8, 2022. Additionally, 2,025 restricted stock units were awarded. These grants were made under the Company’s 2020 Inducement Plan, approved in January 2020, complying with NYSE regulations. Founded in 2015, Arcus focuses on developing innovative cancer therapies, with six investigational medicines currently in clinical studies.
Arcus Biosciences (NYSE:RCUS) announced that its Compensation Committee granted options to purchase 38,850 shares and restricted stock units for 925 shares to six new employees. The exercise price is set at $31.75, equivalent to the closing price on January 24, 2022. The equity awards comply with the 2020 Inducement Plan approved by the Board of Directors in January 2020. Arcus Biosciences is focused on developing innovative cancer therapies and has advanced six investigational medicines into clinical studies.
Arcus Biosciences, Inc. (NYSE:RCUS) announced the grant of stock options to two new employees totaling 41,800 shares at an exercise price of $37.56, the closing price on January 10, 2022. This issuance is in accordance with the Company’s 2020 Inducement Plan, approved under NYSE rules. Founded in 2015, Arcus focuses on developing innovative cancer therapies and has advanced six investigational medicines into clinical studies targeting various cancer pathways.
Arcus Biosciences (NYSE:RCUS) updates on its clinical programs, detailing six molecules targeting cancer pathways. In 2022, it anticipates multiple data presentations, including results from ARC-7 and ARC-8 studies. Despite initial data from the ARC-4 study showing no significant differentiation in clinical activity for etrumadenant, ongoing efforts continue in other studies. Arcus expects its cash position to nearly double to $1.4 billion following option payments from Gilead, enhancing funding for future clinical trials.
Arcus Biosciences, Inc. (NYSE:RCUS) announced the grant of stock options to four new employees totaling 23,400 shares at an exercise price of $44.59, the closing price on December 23, 2021. This grant is part of the Company’s 2020 Inducement Plan, approved by the Board of Directors in January 2020. The company focuses on developing innovative cancer therapies, with six investigational medicines currently in clinical studies targeting various biological pathways.
Gilead Sciences (GILD) and Arcus Biosciences (RCUS) confirmed the closure of Gilead's option exercises on three of Arcus’ clinical-stage programs, including domvanalimab, AB308, etrumadenant, and quemliclustat, as of November 17, 2021. This transaction, following the expiration of antitrust waiting periods, entitles Arcus to receive $725 million from Gilead. Future collaboration includes co-development and profit-sharing in the U.S., along with tiered royalties on international sales. The collaboration supports advancements in cancer treatment through innovative drug candidates.
Gilead Sciences (GILD) and Arcus Biosciences (RCUS) announced the closing of Gilead's option exercises for three clinical-stage programs in Arcus's portfolio, including anti-TIGIT molecules and other candidates. This agreement results in option payments of $725 million from Gilead to Arcus, expected in early Q1 2022. Under the collaboration, Gilead and Arcus will co-develop the programs and share costs, with Gilead holding exclusive commercialization rights outside the U.S. The transaction followed the expiration of the Hart-Scott-Rodino waiting period.
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