ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Novara — A Smarter Way to Access Global Markets
Markets/ForexArticle

Erasca’s pancreatic cancer drug granted FDA Fast Track status

ERAS-0015, a pan-RAS molecular glue, receives Fast Track designation for metastatic pancreatic adenocarcinoma as Erasca plans three registration-enabling trials. Trial data showed 57% response rate in later-line KRAS G12X patients.

SL
Sophie Laurent · FX & Rates Desk · 24 Aug 2026 · 18:50 · 1 min read
Share
Erasca’s pancreatic cancer drug granted FDA Fast Track status

Erasca Inc. said the U.S. Food and Drug Administration granted Fast Track designation to ERAS-0015, an oral pan-RAS molecular glue designed to inhibit RAS signaling, for the treatment of metastatic pancreatic adenocarcinoma.

The designation covers patients with solid tumors harboring RAS mutations, including those with second-line or later KRAS G12X pancreatic ductal adenocarcinoma. Erasca, a San Diego-based clinical-stage precision oncology company, plans to initiate three registration-enabling clinical trials targeting pancreatic and lung cancers.

Euro / US Dollar

EURUSD
Full profile →
1.1677▲ 0.00%
As of 23/08/2026, 21:00:00

Preliminary Phase 1 data from the AURORAS-1 trial, disclosed in July 2026, showed a 57% global response rate in patients with second-line or later KRAS G12X pancreatic ductal adenocarcinoma treated with ERAS-0015 monotherapy. The recommended expansion dose evaluated was 32 mg once daily. Responses included confirmed and unconfirmed cases from patients who received their first dose at least eight weeks prior to the May 25, 2026 data cutoff.

Jonathan E. Lim, chairman, CEO and co-founder of Erasca, said the Fast Track designation reflects the urgent need for new therapies in metastatic pancreatic cancer. Erasca expects to report additional Phase 1 monotherapy and combination data, including with panitumumab, in the first half of 2027.

The company’s shares were trading at $17.44 on Monday, down 1.08%.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Share this story
SL
Written by
Sophie Laurent
FX & Rates Desk

Sophie covers currency markets and central bank policy across Europe, with a focus on how rate decisions ripple through FX pairs. She has been tracking the ECB's policy path since the start of the current easing cycle.

More from Sophie Laurent →
ADVERTISEMENT
ADVERTISEMENT