ORIC Pharmaceuticals (ORIC) Prices 12.5M Share Offering at $10/sh

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Go back to ORIC Pharmaceuticals (ORIC) Prices 12.5M Share Offering at $10/sh

ORIC Pharmaceuticals Announces $125 Million Private Placement Financing

January 22, 2024 8:30 AM EST

Funding from new and existing investors including Viking Global Investors, Commodore Capital, Frazier Life Sciences, Venrock Healthcare Capital Partners, New Enterprise Associates (NEA), and Nextech

Pro forma cash and investments expected to fund current operating plan into late 2026

SOUTH SAN FRANCISCO, Calif. and SAN DIEGO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- ORIC Pharmaceuticals, Inc. (Nasdaq: ORIC), a clinical stage oncology company focused on developing treatments that address mechanisms of therapeutic resistance, today announced that it has agreed to sell approximately 12.5 million shares of... More