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Arvinas, Inc - $ARVN STOCK NEWS

Welcome to our dedicated page for Arvinas news (Ticker: $ARVN), a resource for investors and traders seeking the latest updates and insights on Arvinas stock.

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Rhea-AI Summary

Arvinas reported strong Q1 2024 financial results along with key corporate updates. The company continued enrollment in multiple clinical studies of vepdegestrant in metastatic breast cancer, progressed ARV-102 for neurodegenerative diseases, and entered a lucrative transaction with Novartis. The strategic deal includes an exclusive license for ARV-766 and sale of the preclinical AR-V7 program, with significant upfront payment and potential milestone payments. Arvinas also made key appointments in its management team and remains on track with its Phase 3 clinical programs. Financially, the company's cash position is strong, with enough funding to support planned operations until 2027.

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6.42%
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Rhea-AI Summary

Arvinas, Inc. (Nasdaq: ARVN) will be presenting at two investor conferences: the BofA Securities 2024 Healthcare Conference on May 14 and the UBS Spring Biotech Conferences on May 21. The company's Chief Medical Officer and Chief Business Officer will participate in various discussions and meetings.

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-0.15%
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Rhea-AI Summary
Arvinas, a clinical-stage biotechnology company focused on targeted protein degradation, has appointed Randy Teel, Ph.D., as Chief Business Officer. Dr. Teel, with almost 20 years of experience in the biopharmaceutical industry, has been instrumental in fostering relationships with investors and partners since Arvinas' IPO in 2018. His new role will involve leading corporate strategy, business development, investor relations, and communications while the company continues its search for a permanent CFO and Treasurer.
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-2.89%
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management
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Arvinas (ARVN) enters into a strategic license agreement with Novartis for ARV-766 and preclinical AR-V7 program, receiving $150 million upfront and potential milestones of up to $1.01 billion. Novartis to lead worldwide clinical development for ARV-766, aiming to advance treatment for prostate cancer patients.
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Arvinas, Inc. appoints Dr. Noah Berkowitz as Chief Medical Officer, grants him an inducement package, and bids farewell to Dr. Ron Peck. Dr. Berkowitz brings extensive experience in clinical development and regulatory affairs from Bristol-Myers Squibb and Novartis, enhancing Arvinas' ongoing programs in oncology and neuroscience.
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-0.09%
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Arvinas, Inc. (ARVN) announces participation in three investor conferences where key executives will present and engage with investors. The company continues to showcase its advancements in targeted protein degradation drug development.
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Arvinas, Inc. (ARVN) reports on clinical studies progress, financial results, and corporate updates. Vepdegestrant shows promising results in breast cancer treatment. ARV-766 demonstrates efficacy in mCRPC. The company received FDA Fast Track designation for vepdegestrant. Financially, Arvinas has a strong cash position, with $1,266.5 million in cash, cash equivalents, and marketable securities as of December 31, 2023.
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-1.6%
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Arvinas, Inc. announces the departure of CFO Sean Cassidy, with Randy Teel, Ph.D., stepping in as interim CFO. The company is conducting a search for a permanent replacement. Arvinas is a biotech firm specializing in targeted protein degradation drugs, with promising clinical trials and strong financial standing.
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Arvinas, Inc. announced dosing the first subject in the Phase 1 trial of ARV-102, a novel oral PROTAC protein degrader targeting LRRK2 for neurodegenerative diseases. The drug has shown promising results in preclinical studies, crossing the blood-brain barrier and degrading LRRK2 by nearly 90%. The Phase 1 trial will assess safety, tolerability, pharmacokinetics, and pharmacodynamics in healthy volunteers.
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Arvinas, Inc. and Pfizer Inc. have announced that the FDA granted Fast Track designation for vepdegestrant (ARV-471) for monotherapy in the treatment of adults with estrogen receptor (ER) positive/human growth epidermal growth factor 2 (HER2) negative (ER+/HER2-) locally advanced or metastatic breast cancer previously treated with endocrine-based therapy. Vepdegestrant is a novel oral PROTAC® ER degrader being jointly developed by Arvinas and Pfizer, with the potential to harness the body’s natural protein disposal system to selectively and efficiently degrade and remove disease-causing proteins. The Phase 3 VERITAC-2 clinical trial is evaluating vepdegestrant or fulvestrant in patients with locally advanced or metastatic ER+/HER2- breast cancer who have been previously treated with an endocrine-based therapy.
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Arvinas, Inc

Nasdaq:ARVN

ARVN Rankings

ARVN Stock Data

2.21B
55.84M
2.56%
97.28%
12.63%
Medicinal and Botanical Manufacturing
Manufacturing
Link
United States of America
NEW HAVEN

About ARVN

arvinas is a pharmaceutical company focused on developing new small molecules ‒ known as protacs (proteolysis targeting chimeras) ‒ aimed at degrading disease-causing cellular proteins via proteolysis. based on innovative research conducted at yale university by dr. craig crews, founder and chief scientific advisor, the company is translating natural protein degradation approaches into novel drugs for the treatment of cancer and other diseases. the proprietary protac-based drug paradigm induces protein degradation, rather than protein inhibition, using the ubiquitin proteasome system and offers the advantage of potentially targeting “undruggable” as well as “druggable” elements of the proteome. this greatly expands the ability to create drugs for many new, previously unapproachable targets. for more information, visit www.arvinas.com.