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.
Gilead Sciences has exercised options for three clinical-stage programs from Arcus Biosciences, including anti-TIGIT agents domvanalimab and AB308, as well as etrumadenant and quemliclustat. This move involves $725 million in option payments to Arcus. The companies are set to co-develop these candidates, share global costs, and explore innovative treatment combinations. Antitrust clearance is required, with expected closure by year-end.
Gilead Sciences has exercised options for three clinical-stage programs from Arcus Biosciences, including domvanalimab, AB308, etrumadenant, and quemliclustat. The agreement, subject to antitrust clearance, results in Arcus receiving
Arcus Biosciences, Inc. (NYSE:RCUS) announced the grant of stock options to a new employee, totaling 28,000 shares at a price of $34.74 each, reflecting the closing price as of November 8, 2021. This issuance is part of the company's 2020 Inducement Plan, approved by the Board of Directors in January 2020. The company focuses on developing cancer therapies, with six investigational drugs currently in clinical studies targeting well-characterized biology and pathways.
Arcus Biosciences (RCUS) reported Q3 2021 results, showing a net loss of $78 million, a significant decline from net income of $1.8 million in Q3 2020. Collaboration revenues dropped to $9.5 million vs. $64.5 million year-over-year. Cash and investments rose to $743 million, providing funding through at least 2023. Gilead is reviewing an opt-in for Arcus's anti-TIGIT program, potentially yielding a $275 million payment. The ARC-7 study showed superior efficacy for domvanalimab combinations in non-small cell lung cancer. However, R&D expenses surged, raising concerns about financial sustainability.
Arcus Biosciences, Inc. (NYSE:RCUS) announced it will report its financial results and corporate update for Q3 2021 on November 8, 2021, after market close. The company focuses on developing innovative molecules and combination therapies for cancer treatment, working on five investigational medicines targeting pathways like TIGIT and PD-1. Founded in 2015, Arcus aims to expedite the development of first or best-in-class cancer therapies through collaboration with industry partners, patients, and physicians.
Arcus Biosciences, Inc. (NYSE:RCUS), an oncology-focused biopharmaceutical company, announced the grant of stock options to six new employees. These options total 48,800 shares at an exercise price of $34.38, based on the closing price from October 25, 2021. The stock options were issued under the 2020 Inducement Plan approved by the Board of Directors in January 2020. The company continues to develop innovative cancer therapies, with five molecules currently in clinical development targeting significant unmet needs in oncology.
Arcus Biosciences (NYSE:RCUS) has granted stock options to eight new employees, totaling 66,400 shares at an exercise price of $31.48 per share, reflecting the closing price on October 8, 2021. This grant was made under the Company's 2020 Inducement Plan, approved in January 2020. Arcus is focused on developing cancer therapies, with five molecules currently in clinical trials, including Etrumadenant and Quemliclustat, addressing various cancer types. The company aims to meet significant unmet medical needs in oncology.
Arcus Biosciences (NYSE:RCUS) announced the granting of stock options to eight new employees, allowing them to purchase a total of 58,200 shares at $36.99 each, the closing price on September 23, 2021. This action is part of the 2020 Inducement Plan approved by the Board. The company is focused on oncology and has five clinical molecules in development, including Etrumadenant, Quemliclustat, and Domvanalimab, targeting various cancers with innovative therapies.
Arcus Biosciences, Inc. (NYSE: RCUS) has granted five new employees options to purchase a total of 44,200 shares at an exercise price of $34.31, reflecting the closing price on September 8, 2021. This grant is part of the Company's 2020 Inducement Plan, approved by the Board in January 2020, in compliance with NYSE regulations. Arcus focuses on developing innovative cancer therapies, with five molecules currently in clinical development addressing significant unmet medical needs.
Arcus Biosciences (NYSE:RCUS) announced its upcoming presentations at two virtual investor conferences in September 2021. The Citi’s 16th Annual Virtual Biopharma Conference will take place on September 10 at 1:25 pm ET, followed by the 2021 Cantor Virtual Global Healthcare Conference on September 27 at 4:40 pm ET. Investors can access a live audio webcast through the company’s website, with a replay available for two weeks post-event. Arcus focuses on developing innovative cancer therapies, currently advancing five molecules in clinical trials.