Revolution Medicines reports positive Phase 1/2 data for zoldonrasib combination regimens in RAS G12D metastatic pancreatic cancer, supporting Phase 3 RASolute trials
Revolution Medicines, Inc. is a precision oncology firm operating in the clinical development stage, dedicated to creating innovative treatments that target novel pathways crucial for RAS-driven cancers. Its pipeline includes several promising drug candidates: RMC-4630, an SHP2 inhibitor, is currently undergoing Phase 1/2 clinical trials for various solid tumors, such as gynecological and colorectal cancers. The company's portfolio also features RMC-5845, a selective inhibitor designed to target SOS1, a protein responsible for activating RAS within cells, and RMC-5552, a highly selective inhibitor for hyperactive mTORC1 signaling found in cancerous cells. Further expanding its therapeutic arsenal, Revolution Medicines is advancing RMC-6291, which selectively inhibits mutated forms of KRASG12C(ON) and NRASG12C(ON). Another promising compound, RMC-6236, specifically targets and inhibits a range of active RAS(ON) variants. Its research efforts also encompass other active RAS inhibitors aimed at KRASG13C(ON) and KRASG12D(ON) mutations. Revolution Medicines has established a collaborative partnership with Sanofi to research and develop SHP2 inhibitors, a collaboration that includes the development of RMC-4630. Established in 2014, Revolution Medicines, Inc. operates from its corporate headquarters situated in Redwood City, California.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $11.58M | $35.38M | $29.39M | $42.98M | $50.04M | $20.16M | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $26.59M |
| Gross Profit | N/A | $11.58M | $35.38M | $29.39M | $42.98M | $50.04M | $20.16M | $-26.59M |
| Gross Margin | 0.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% |
| Operating Expenses | $689.52M | $498.76M | $293.66M | $217.40M | $153.68M | $104.16M | $60.49M | $4.54M |
| Operating Income | $-689.52M | $-487.19M | $-258.28M | $-188.01M | $-110.70M | $-54.12M | $-40.33M | $-31.13M |
| Operating Margin | 0.00% | -4207.12% | -730.01% | -639.70% | -257.54% | -108.15% | -200.00% | 0.00% |
| Net Income | $-600.09M | $-436.37M | $-248.71M | $-187.09M | $-108.16M | $-47.66M | $-41.79M | $-31.13M |
| Net Margin | 0.00% | -3768.28% | -702.95% | -636.58% | -251.63% | -95.25% | -207.24% | 0.00% |
| EPS (Basic) | $-3.58 | $-3.86 | $-3.08 | $-2.47 | $-1.62 | $-1.31 | $-1.15 | $-0.85 |
| EBITDA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Stock Option Compensation Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Earnings Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |