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- $5.8BMarket Cap
- 1,126.03%1-Year Change
- BiotechnologyIndustry
ERASCA (ERAS)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 92
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
Erasca Announces Pricing of Upsized Public Offering of Common Stock
Erasca, Inc. (Nasdaq: ERAS), a clinical-stage precision oncology company focused on RAS/MAPK pathway-driven cancers, announced the pricing of an upsized public offering of 31.4 million shares at $17.50 per share, generating approximately $550 million in gross proceeds. The offering is expected to close on July 15, 2026, with proceeds to be used for R&D of product candidates and general corporate purposes.
07/13/2026, 11:10 PM • GlobeNewswire
A class action lawsuit has been filed against Erasca, Inc. alleging that the company and its executives made false and misleading statements regarding its ERAS-0015 drug candidate. The lawsuit claims preclinical data was based on improper comparisons to Revolution Medicines and lacked reasonable basis. Following disclosure of a patent infringement letter from Revolution Medicines and adverse Phase I clinical data including a patient death, Erasca's stock fell approximately 59% in total.
07/13/2026, 6:50 AM • GlobeNewswire
Rosen Law Firm is urging investors who purchased Erasca, Inc. (NASDAQ: ERAS) common stock between January 14, 2025 and April 26, 2026 to join a securities class action lawsuit before the August 10, 2026 lead plaintiff deadline. The lawsuit alleges that Erasca and its executives made false and misleading statements about its lead oncology drug candidate ERAS-0015, including improper comparisons to a competing drug and undisclosed patent disputes.
07/12/2026, 5:53 PM • GlobeNewswire
Faruqi & Faruqi, LLP is investigating securities fraud claims against Erasca, Inc. (NASDAQ: ERAS) for allegedly making false statements about its ERAS-0015 drug candidate based on improper comparisons to Revolution Medicines' compound. The company disclosed patent infringement allegations and a patient death in Phase 1 trials on April 27, 2026, causing the stock to plummet from $21.49 to $9.90 per share over two trading days. Investors who purchased ERAS securities between January 14, 2025 and April 26, 2026 can seek lead plaintiff status by August 10, 2026.
07/11/2026, 8:49 AM • GlobeNewswire
A class action lawsuit has been filed against Erasca, Inc. (NASDAQ: ERAS) on behalf of investors who purchased securities between January 14, 2025 and April 26, 2026. Shareholders allege that Erasca failed to disclose risks related to patent and trade secret violations regarding its ERAS-0015 drug candidate. The allegations emerged after Revolution Medicines sent a cease-and-desist letter claiming patent infringement and trade secret misappropriation. Following the disclosure on April 27, 2026, Erasca's stock price fell from $21.49 to $19.15 per share.
07/10/2026, 3:07 PM • GlobeNewswire
Rosen Law Firm is soliciting investors who purchased Erasca, Inc. (NASDAQ: ERAS) stock between January 14, 2025 and April 26, 2026 to join a securities class action lawsuit. The lawsuit alleges that Erasca and its executives made false and misleading statements about its lead oncology drug candidate ERAS-0015, including improper comparisons to a competing drug and undisclosed patent disputes. The lead plaintiff deadline is August 10, 2026.
07/09/2026, 7:50 PM • GlobeNewswire
Holzer & Holzer, LLC announced lead plaintiff deadlines for three shareholder class action lawsuits. BitGo Holdings faces allegations of false statements regarding digital asset price risks (deadline: August 7, 2026). Erasca is accused of material misstatements about ERAS-0015 between January 2025 and April 2026 (deadline: August 10, 2026). First Solar faces claims of failing to disclose material facts about U.S. tariff policy impacts between February 2025 and February 2026 (deadline: August 24, 2026).
07/07/2026, 3:55 PM • GlobeNewswire
Erasca Inc. (ERAS) faces a securities class action lawsuit after its stock plummeted 48% following disclosures of a patient death linked to its experimental drug ERAS-0015 and patent infringement accusations from Revolution Medicines. The lawsuit alleges Erasca misled investors about the drug's safety profile and intellectual property protection through improper comparisons with competing therapies.
07/06/2026, 4:43 PM • GlobeNewswire
A securities class action lawsuit has been filed against Erasca, Inc. for allegedly making false and misleading statements about its lead oncology drug candidate ERAS-0015. The company and its executives are accused of improperly comparing their drug to a competitor's candidate while failing to disclose patent and trade secret disputes. Investors who purchased Erasca stock between January 14, 2025 and April 26, 2026 may be eligible for compensation, with a lead plaintiff deadline of August 10, 2026.
07/03/2026, 7:49 PM • GlobeNewswire
Erasca, Inc. (NASDAQ: ERAS) stock plunged 48% ($9.25) after the company disclosed a patient death following ERAS-0015 treatment and faced patent infringement accusations from Revolution Medicines. The company allegedly misled investors about the drug's efficacy and intellectual property protection. The disclosure wiped out $2.8 billion in market capitalization, prompting a securities class action lawsuit covering the period from January 14, 2025 to April 26, 2026.
07/03/2026, 2:19 PM • GlobeNewswire
A class action lawsuit has been filed against Erasca, Inc. for allegedly making false statements about its ERAS-0015 drug candidate. The company allegedly based preclinical data on improper comparisons and failed to disclose patent infringement risks from Revolution Medicines. Following disclosure of a patent assertion letter and Phase I data showing a patient death, Erasca's stock fell 11% then 48%. Investors who purchased stock between January 14, 2025 and April 26, 2026 can seek lead plaintiff status by August 10, 2026.
07/02/2026, 4:55 PM • GlobeNewswire
Law Offices of Howard G. Smith has announced securities fraud class action lawsuits against four publicly-traded companies: Erasca Inc., Nano-X Imaging Ltd., Microsoft Corporation, and Black Rock Coffee Bar Inc. The lawsuits allege that defendants made false or misleading statements regarding their business operations, product performance, and financial prospects. Investors have until mid-August 2026 to file lead plaintiff motions.
07/01/2026, 1:49 PM • GlobeNewswire
Holzer & Holzer, LLC announced lead plaintiff deadlines for multiple shareholder class action lawsuits against BitGo Holdings, ADMA Biologics, and Erasca, Inc. The lawsuits allege that defendants made materially false statements or failed to disclose material facts regarding business risks and practices. Investors who purchased shares during specified periods and suffered losses are encouraged to seek lead plaintiff status by the respective deadlines in August 2026.
07/01/2026, 7:00 AM • GlobeNewswire
Kahn Swick & Foti, LLC announces a class action securities lawsuit against Erasca, Inc. for investors who purchased shares between January 14, 2025 and April 26, 2026. The lawsuit alleges that Erasca and its executives failed to disclose material information, including that preclinical data for ERAS-0015 was based on improper comparisons and placed the company at risk of patent violations. The application deadline to request lead plaintiff status is August 10, 2026.
06/30/2026, 10:51 PM • GlobeNewswire
A class action lawsuit has been filed against Erasca, Inc. alleging that the company made false and misleading statements regarding ERAS-0015's preclinical data, which was based on improper comparisons to Revolution Medicines and placed the company at risk of patent and trade secret violations. Investors who purchased Erasca securities between January 14, 2025 and April 26, 2026 are encouraged to join the case, with a lead plaintiff deadline of August 10, 2026.
06/30/2026, 12:00 PM • GlobeNewswire
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MoreInformation as of 07/13/2026
Company Profile
Erasca, Inc., a clinical-stage precision oncology company, focuses on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers. The company's product pipeline includes ERAS-0015, a pan-RAS molecular glue for the treatment of patients with RAS-mutated solid tumors; ERAS-4001, a pan-KRAS inhibitor for the treatment of patients with KRAS-mutated solid tumors; and ERAS-12, an investigational EGFR D2/D3 biparatopic antibody (bpAb) for the treatment of EGFR and RAS/MAPK solid tumors. It has license agreement with Guangzhou Joyo Pharmatech Co., Ltd to develop, manufacture, and commercialize certain pan-RAS inhibitors; Medshine Discovery Inc. to develop, manufacture, and commercialize certain pan-KRAS inhibitors; Novartis Pharma AG to develop, manufacture, use, and commercialize naporafenib; NiKang Therapeutics, Inc. to develop and commercialize ERAS-601 and certain other related compounds; and Asana BioSciences, LLC to develop and commercialize ERAS-007 and certain other related compounds. The company has a clinical trial collaboration and supply agreement with Tango Therapeutics, Inc. for the evaluation of ERAS-0015. Erasca, Inc. was incorporated in 2018 and is headquartered in San Diego, California.
Key Executives
- Jonathan E. Lim
- David Chacko
- Shannon Morris
- Ebun S. Garner
- Michael D. Varney
Current Ownership Distribution
- Institutions2.6B (86.20%)
- Mutual Funds406.1M (13.49%)
- Insiders9.3M (0.31%)
- Other0 (0.00%)