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Racura Oncology Advances Lung Cancer Trials with $34.3 Million Cash Backing

9:12am on Tuesday 28th of July, 2026 AEST Biotechnology
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Racura Oncology Advances Lung Cancer Trials with $34.3 Million Cash Backing

9:12am on Tuesday 28th of July, 2026 AEST
Key Points
  • First patient treated in Phase 1 HARNESS-1 lung cancer trial
  • RC220 dose escalated to 80mg/m² in CPACS trial with no safety concerns
  • Preclinical data confirms RC220 silences c-MYC oncogene
  • Raised $18 million in the quarter, cash runway into 2028
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