GlobeNewsWire
05 Jul 2026, 15:07 UTC · 3h ago
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Erasca reported a patient death (Grade 5 pneumonitis) during a Phase 1 clinical trial of ERAS-0015. — Patient deaths in early-stage clinical trials are high-severity safety signals that can lead to trial halts or drug failure.
-0.90Revolution Medicines (RevMed) has alleged that Erasca's ERAS-0015 infringes on its patents and misappropriated trade secrets. — Intellectual property disputes and trade secret theft claims create significant legal risk and potential blocks to commercialization.
-0.70Erasca is facing a federal securities class action lawsuit alleging the company made misleading statements regarding ERAS-0015 preclinical data. — Class action lawsuits for securities fraud create financial liabilities and signal poor corporate governance to investors.
-0.40Continue reading
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Erasca admitted that preclinical comparisons between ERAS-0015 and competing products were not based on head-to-head trials and are inherently limited. — This admission undermines the perceived competitive advantage and efficacy claims previously touted by the company.
-0.30Which stocks this story touches
The company is facing a securities class action lawsuit, allegations of patent infringement, and a report of a patient death during clinical trials.
The company is the claimant in patent infringement and trade secret misappropriation allegations against Erasca.
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