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Arcus Biosciences获得2.5亿美元定期贷款安排

2024-08-28 04:18

  • Arcus Biosciences (NYSE:RCUS) reported it has obtained a $250M term loan facility from Hercules Capital.
  • The additional capital strengthens Arcus’s balance sheet and increases flexibility to rapidly advance casdatifan, its potential best-in-class HIF-2a inhibitor.
  • Arcus plans to present data from ARC-20, its Phase 1/1b study of casdatifan in clear cell renal cell carcinoma, later this year.
  • Under the terms of the term loan facility, $50M was drawn at closing and an additional $100M is committed and fully available at Arcus’s sole option in minimum increments of $25M.
  • Source: Press Release

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