Arcus Biosciences

company

About

Arcus Biosciences is a biopharmaceutical company that discovers, develops, and commercializes novel therapies for the treatment of cancer.

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$220.35M
Industries
Biotechnology,Health Care,Medical,Therapeutics
Founded date
Jan 1, 2015
Number Of Employee
101 - 250
Operating Status
Active
Stock Symbol
nyse:RCUS
Legal Name
Arcus Biosciences, Inc.

Arcus Biosciences is an oncology-focused clinical-stage biopharmaceutical company that discovers, develops, and commercializes novel therapies for the treatment of cancer.

It aims to create new cancer therapeutics through the utilization of emerging insights in immunology. The company has four molecules in clinical development: Etrumadenant (AB928), the first dual A2a/A2b adenosine receptor antagonist to enter the clinic, is being evaluated in multiple Phase 2 and 1b studies across different indications, including prostate, colorectal, non-small cell lung, pancreatic and triple-negative breast cancers. AB680, the first small-molecule CD73 inhibitor to enter the clinic, is in Phase 1/1b development for first-line treatment of metastatic pancreatic cancer in combination with zimberelimab and gemcitabine/nab-paclitaxel. Domvanalimab (AB154), an anti-TIGIT monoclonal antibody and new potential immuno-oncology backbone therapy, is in a three-arm randomized Phase 2 study for first-line treatment of PD-L1-high metastatic non-small cell lung cancer (NSCLC) evaluating zimberelimab monotherapy, domvanalimab with zimberelimab and domvanalimab plus AB928 with zimberelimab. AB308, an anti-TIGIT antibody that is FcR enabled, is advancing into clinical development to investigate additional indications, with a focus on hematological malignancies. Zimberelimab (AB122), Arcus’s anti-PD-1 monoclonal antibody, was in-licensed to enable the development of Arcus’s combination regimens and is being evaluated in various combinations across the portfolio.

Arcus was formed in 2015 in Hayward, California by Terry Rosen and Juan Jaen.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$767.05M
Arcus Biosciences has raised a total of $767.05M in funding over 2 rounds. Their latest funding was raised on Feb 1, 2021 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 1, 2021 Post-IPO Equity $220.35M 1 Gilead Sciences Detail
May 28, 2020 Post-IPO Equity $200M 1 Gilead Sciences Detail
Mar 14, 2018 IPO $120M Detail
Nov 13, 2017 Series C $107M 14 GV Detail
Sep 1, 2016 Series B $70M 10 Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Arcus Biosciences has made 1 investments. Their most recent investment was on Dec 5, 2013, when OrderAhead raised $8M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 5, 2013 OrderAhead
Series A $8M E-Commerce

Investors

Number of Lead Investors
Number of Investors
3
18
Arcus Biosciences is funded by 18 investors. Gilead Sciences and GV are the most recent investors.
Investor Name Lead Investor Funding Round
Gilead Sciences Yes Post-IPO Equity
GV Yes Series C
Aisling Capital Series C
Biotechnology Value Fund Series C
Celgene Series C
Decheng Capital Series C
Droia Ventures Series C
EcoR1 Capital Series C
Foresite Capital Series C
Hillhouse Capital Group Series C

Employee Profiles

Number of Employee Profiles
28
Arcus Biosciences has 28 current employee profiles, including Executive Nick Giafis
Executive
Executive
Executive
Executive
Executive