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Revolution Medicines (NASDAQ: RVMD) gets FDA OK for cancer pill with list price

(Very High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Revolution Medicines, Inc. (RVMD) announced that on August 26, 2026, the U.S. Food and Drug Administration approved RASONQUE™ (daraxonrasib) for adult patients with metastatic pancreatic adenocarcinoma who have received at least one prior systemic therapy or are not candidates for multiagent systemic therapy.

The approval is based on the global, randomized Phase 3 RASolute 302 trial comparing RASONQUE with investigator’s choice of cytotoxic chemotherapy in previously treated metastatic pancreatic adenocarcinoma. Once-daily oral RASONQUE tablets are now available in the United States, with a wholesale acquisition cost of $39,800 for a 30-day supply at the recommended daily dose.

Positive

  • FDA approval of RASONQUE for metastatic pancreatic adenocarcinoma provides Revolution Medicines with an approved once-daily oral therapy now available in the U.S., supported by the Phase 3 RASolute 302 trial, and creates a commercial opportunity at a wholesale acquisition cost of $39,800 for a 30-day supply.

Negative

  • None.

Insights

Analyzing...

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
FDA approval date August 26, 2026 Date RASONQUE (daraxonrasib) was approved for metastatic pancreatic adenocarcinoma
Wholesale acquisition cost $39,800 Cost for a 30-day supply of RASONQUE at the recommended daily dose
Supply duration at stated cost 30-day supply Duration covered by the $39,800 wholesale acquisition cost for RASONQUE
Warrants share fraction 0.1112 shares of common stock per warrant Warrants to purchase a fraction of RVMD common stock expiring 2026
metastatic pancreatic adenocarcinoma medical
"for the treatment of adult patients with metastatic pancreatic adenocarcinoma"
wholesale acquisition cost financial
"The wholesale acquisition cost of RASONQUE is $39,800 for a 30-day supply"
Wholesale acquisition cost (WAC) is the manufacturer’s published price for a drug sold to wholesalers before discounts, rebates or other price concessions; think of it as the sticker price a maker sets for bulk buyers. Investors track WAC because it affects a company’s reported revenue potential, pricing power and profit margins, and because deviations between WAC and the actual net price can signal competitive pressure, reimbursement changes, or hidden costs.
Phase 3 clinical trial medical
"a global, randomized Phase 3 clinical trial evaluating RASONQUE"
A phase 3 clinical trial is a large-scale study that tests a new medical treatment or drug to determine if it is safe and effective for widespread use. It often involves hundreds or thousands of participants and compares the new treatment to existing options or a placebo. For investors, the results of this phase are crucial, as successful outcomes can lead to regulatory approval and commercial success, while failures may halt development.
cytotoxic chemotherapy medical
"evaluating RASONQUE versus investigator’s choice of cytotoxic chemotherapy"
Cytotoxic chemotherapy are drugs that kill rapidly dividing cells, commonly used to treat cancer by damaging the cells’ ability to reproduce. Think of them as a targeted weedkiller that removes fast-growing plants but can also harm surrounding healthy tissue; for investors this matters because effectiveness, side effects, and safety profiles drive clinical adoption, regulatory approval, market size, and revenue predictability for companies developing or selling these treatments.
investigator’s choice medical
"evaluating RASONQUE versus investigator’s choice of cytotoxic chemotherapy"

FAQ

What did RVMD disclose in this Form 8-K?

Revolution Medicines reported that the FDA approved RASONQUE™ (daraxonrasib) for adult patients with metastatic pancreatic adenocarcinoma who have received at least one prior systemic therapy or are not candidates for multiagent systemic therapy, and that the drug is now commercially available in the United States.

For which patients is RASONQUE now approved according to RVMD?

RASONQUE is approved for adult patients with metastatic pancreatic adenocarcinoma who have received at least one prior systemic therapy or who are not candidates for multiagent systemic therapy, providing a new treatment option for previously treated or more fragile patients.

What clinical trial supported the FDA approval of RASONQUE for RVMD?

The approval is based on data from RASolute 302, a global, randomized Phase 3 clinical trial that evaluated RASONQUE versus investigator’s choice of cytotoxic chemotherapy in patients with previously treated metastatic pancreatic adenocarcinoma.

How is RASONQUE administered according to RVMD’s 8-K?

RASONQUE is provided as once-daily oral tablets. These tablets are now available in the United States for physicians to prescribe to eligible adult patients with metastatic pancreatic adenocarcinoma under the approved indication.

What is the price of RASONQUE reported by RVMD (RVMD)?

Revolution Medicines states that the wholesale acquisition cost of RASONQUE is $39,800 for a 30-day supply, based on the recommended daily dose of the once-daily oral tablets.

When did the FDA approve RASONQUE for RVMD?

The U.S. Food and Drug Administration approved RASONQUE on August 26, 2026 for the treatment of adult patients with metastatic pancreatic adenocarcinoma under the conditions described in the approval.

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

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 26, 2026

 

 

Revolution Medicines, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-39219

47-2029180

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

700 Saginaw Drive

 

Redwood City, California

 

94063

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 650 481-6801

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock $0.0001 par value per share

 

RVMD

 

The Nasdaq Stock Market LLC

Warrants to purchase 0.1112 shares of common stock expiring 2026

 

RVMDW

 

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 8.01 Other Events

On August 26, 2026, the U.S. Food and Drug Administration approved RASONQUE™ (daraxonrasib) for the treatment of adult patients with metastatic pancreatic adenocarcinoma who have received at least one prior systemic therapy or who are not candidates for multiagent systemic therapy (the “FDA Approval”).

 

The FDA Approval was based on data from RASolute 302, a global, randomized Phase 3 clinical trial evaluating RASONQUE versus investigator’s choice of cytotoxic chemotherapy in patients with previously treated metastatic pancreatic adenocarcinoma.

 

Once-daily oral RASONQUE tablets are now available in the United States for physicians to prescribe to eligible patients. The wholesale acquisition cost of RASONQUE is $39,800 for a 30-day supply, based on the recommended daily dose.

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

REVOLUTION MEDICINES, INC.

 

 

 

 

Date:

August 26, 2026

By:

/s/ Mark A. Goldsmith

 

 

 

Mark A. Goldsmith, M.D., Ph.D.
President and Chief Executive Officer

 


Filing Exhibits & Attachments

1 document