STOCK TITAN

Arvinas Announces FDA Approval of VEPPANU (vepdegestrant) for the Treatment of ESR1m, ER+/HER2- Advanced Breast Cancer

(Positive)

Arvinas (Nasdaq: ARVN) announced FDA approval of VEPPANU (vepdegestrant) on May 1, 2026, for adults with ER+/HER2-, ESR1-mutated advanced or metastatic breast cancer after progression on endocrine therapy. VEPPANU is the first FDA‑approved PROTAC. VERITAC-2 (n=270 ESR1m) showed a 43% risk reduction in PFS (HR 0.57); median PFS 5.0 vs 2.1 months. Approval occurred before the June 5, 2026 PDUFA date. Arvinas and Pfizer will select a third-party commercial partner. Important safety issues include QT prolongation and common lab abnormalities.

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Positive

  • First FDA‑approved PROTAC therapy
  • PFS risk reduction 43% in ESR1-mutant patients (HR 0.57)
  • Median PFS 5.0 vs 2.1 months (vepdegestrant vs fulvestrant)
  • Approval received ahead of June 5, 2026 PDUFA date

Negative

  • Overall survival data immature; 16% deaths at PFS analysis
  • Common adverse reactions include decreased WBCs and LFT elevations
  • QT prolongation and electrolyte risks require monitoring

News Market Reaction – ARVN

+6.16%
3 alerts
+6.16% Session close to close
+9.4% Peak Tracked
$722.75M Market Cap
0.4x Rel. Volume

In the May 1 session, ARVN gained 6.16%, reflecting a notable positive market reaction. Argus tracked a peak move of +9.4% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +6.2% in the session following this news. A strong positive reaction aligns with Arv...
Analysis

The stock moved +6.2% in the session following this news. A strong positive reaction aligns with Arvinas’ progression from NDA submission in 2025 to full FDA approval of VEPPANU, the first approved PROTAC therapy. Historical FDA-pathway news for vepdegestrant saw a +8.82% move, and insider activity has recently skewed toward net selling. Investors would need to weigh this clinical milestone against prior trading patterns and overall pipeline and governance developments.

Key Figures

PDUFA date: June 5, 2026 ESR1m cohort size: 270 patients Risk reduction: 43% +5 more
8 metrics
PDUFA date June 5, 2026 FDA approval granted ahead of assigned PDUFA date
ESR1m cohort size 270 patients VERITAC-2 Phase 3 trial ESR1-mutated population
Risk reduction 43% Reduction in risk of disease progression or death vs. fulvestrant
Median PFS (VEPPANU) 5 months VERITAC-2 ESR1-mutated arm
Median PFS (fulvestrant) 2.1 months Comparator arm in VERITAC-2 ESR1-mutated cohort
Hazard ratio 0.57 Vepdegestrant vs. fulvestrant for progression or death
P-value 0.0001 Progression-free survival primary analysis
Deaths at analysis 16% Proportion of deaths when PFS data were analyzed

Previous Fda approval Reports

1 past event · Latest: Jun 06 (Positive)
Same Type Pattern 1 events
Date Event Sentiment 24h Move Catalyst
Jun 06 NDA submission Positive +8.8% NDA submission for vepdegestrant in ESR1-mutated ER+/HER2- breast cancer.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Limited but positive history: prior FDA-pathway news for vepdegestrant saw a +8.82% move, suggesting the market has reacted constructively to this program.

Recent Company History

In June 2025, Arvinas and Pfizer submitted a New Drug Application to the FDA for vepdegestrant in ESR1‑mutated ER+/HER2- advanced or metastatic breast cancer, supported by Phase 3 VERITAC‑2 data and fast track designation. That filing produced a +8.82% one-day move. Today’s FDA approval for the same indication builds directly on that regulatory trajectory for Arvinas’ lead PROTAC program.

Key Terms

protac, pdufa, esr1, progression-free survival, +4 more
8 terms
protac medical
"VEPPANU™ is the first-and-only FDA-approved PROTAC, a type of heterobifunctional protein degrader"
A PROTAC (proteolysis targeting chimera) is a small engineered molecule that tags a specific protein inside cells and brings it to the cell’s disposal machinery so the protein is destroyed rather than just blocked. Think of it as a targeted cleanup crew that removes a problematic part instead of temporarily turning it off. Investors care because PROTACs can tackle disease targets that traditional drugs cannot, creating potential for breakthrough therapies, larger markets, and binary clinical readouts that can sharply affect company value.
pdufa regulatory
"Approval received in advance of FDA-assigned PDUFA date of June 5, 2026"
PDUFA is the Prescription Drug User Fee Act, the U.S. law under which drug companies pay fees that fund the FDA's review of new medicines. In company news the term usually appears as the PDUFA date, the target deadline by which the FDA aims to decide on a drug application; that date tells investors when to expect the approval or rejection decision for the product.
esr1 medical
"estrogen receptor 1 (ESR1)-mutated advanced or metastatic breast cancer"
ESR1 is a gene that makes the estrogen receptor alpha protein, a cellular “lock” that the hormone estrogen (the “key”) fits into to tell cells how to grow, divide and behave. Mutations or changes in ESR1 can change how cancers—especially breast and other hormone-driven tumors—respond to hormone-blocking drugs, so investors track ESR1-linked tests, drugs and trial results because they directly affect treatment choices, market size and regulatory chances in oncology and women’s health.
progression-free survival medical
"showed improved progression free survival when compared to the current standard of care"
Progression-free survival is the length of time during and after a treatment that a patient's disease does not get worse, measured from the start of treatment until the disease shows measurable signs of progression or the patient dies. Investors care because longer progression-free survival in clinical trials often signals that a drug is effective, improving chances of regulatory approval, market adoption, and revenue potential—think of it as a stopwatch showing how long a therapy can keep the illness at bay.
hazard ratio medical
"hazard ratio 0.57 [95% CI: 0.42, 0.77]; p-value 0.0001"
A hazard ratio is a way scientists compare the chance of something happening over time between two groups, like patients taking different medicines. If the ratio is high, it means one group is more likely to experience the event sooner or more often, which helps determine how effective a treatment is or how risky a situation might be.
new drug application regulatory
"have submitted a New Drug Application (NDA) to the FDA for vepdegestrant"
A new drug application is a formal request submitted to government regulators seeking approval to market a new medicine. It is like a detailed proposal that shows the drug has been tested for safety and effectiveness. For investors, receiving approval signals that the drug may soon become available for sale, potentially leading to revenue growth and impacting the company's value.
qtc interval prolongation medical
"Heart rhythm problems (QTc interval prolongation). VEPPANU can cause changes in the electrical activity"
QTc interval prolongation is a lengthening of the heart’s electrical “reset” time measured on an electrocardiogram after adjusting for heart rate; think of it like a loading bar that takes longer than normal to return to zero. It matters to investors because pronounced prolongation can signal a risk of dangerous irregular heartbeats, trigger regulatory review, clinical-trial changes, safety warnings or market setbacks for drugs and medical devices, and therefore can affect a company’s valuation and timelines.
electrocardiogram (ecg) medical
"Your healthcare provider will check your heart with a test called an electrocardiogram (ECG)"
An electrocardiogram (ECG) is a noninvasive test that records the heart’s electrical signals as a series of waves, like a seismograph tracing tremors. It shows rhythm, rate and signs of strain or damage to the heart muscle. Investors care because ECG results are a standard measure in clinical trials, safety monitoring and device performance; abnormal findings can affect drug approvals, medical-device sales and perceived health risks tied to a company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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– VEPPANU is the first-and-only FDA-approved PROTAC, a type of heterobifunctional protein degrader –

– Approval received in advance of FDA-assigned PDUFA date of June 5, 2026; Arvinas and Pfizer remain on track to announce selection of a third party –

– VEPPANU offers a new therapeutic option in ER+/HER2-, ESR1-mutated advanced or metastatic breast cancer, where treatment resistance remains a major clinical challenge –

NEW HAVEN, Conn., May 01, 2026 (GLOBE NEWSWIRE) -- Arvinas, Inc. (Nasdaq: ARVN), today with its partner Pfizer Inc. (NYSE: PFE), announced that the U.S. Food and Drug Administration (FDA) has granted approval for VEPPANU (vepdegestrant) for the treatment of adults with estrogen receptor-positive (ER+)/human epidermal growth factor receptor 2-negative (HER2-), estrogen receptor 1 (ESR1)-mutated advanced or metastatic breast cancer, as detected by an FDA-authorized test, with disease progression following at least one line of endocrine therapy. This approval marks the first time the FDA has approved a PROteolysis TArgeting Chimera (PROTAC), a type of heterobifunctional protein degrader therapy.

“Today’s FDA approval is a transformative moment for Arvinas as we achieve our first approved medicine and the first-ever approved PROTAC therapy based on the technology we’ve pioneered since 2013,” said Randy Teel, Ph.D., President and Chief Executive Officer at Arvinas. “This milestone demonstrates that targeted protein degradation can translate into meaningful clinical impact. It also strengthens our confidence in the breadth and versatility of our exciting clinical pipeline across oncology, neurodegenerative, and neuromuscular diseases. We are especially encouraged by receiving FDA approval ahead of the June 5 PDUFA date and together with Pfizer, we are on track to announce selection of a third party to bring this new treatment option to patients as soon as possible.”

“For patients living with ESR1 mutant, ER+/HER2 advanced breast cancer, there have been minimal second-line treatment options once standard therapies are no longer effective,” said Erika Hamilton, M.D., Chief Development Officer, Late Phase, and Director, Breast Cancer Research, Sarah Cannon Research Institute, as well as a principal investigator of the VERITAC-2 trial. “The introduction of a new, targeted treatment is an encouraging development for this community and highlights meaningful innovation in the way this disease is treated. The approval of vepdegestrant gives clinicians another tool in the breast cancer treatment arsenal and brings renewed hope to individuals who need additional options.”

Breast cancer is the most common cancer among women worldwide, with many tumors driven by estrogen receptor signaling. While endocrine therapy remains a cornerstone of metastatic ER+/HER2- breast cancer treatment, up to 40-50% of patients treated with endocrine therapy and a CDK4/6 inhibitor have ESR1 mutations, resulting in endocrine resistance and poor prognosis. These patients often experience rapid disease progression and face limited options after first-line therapy. The FDA approval of VEPPANU addresses a significant unmet need, offering a new treatment option for adults with ESR1-mutant, ER+/HER2- advanced breast cancer by targeting a key biological driver of resistance to current therapies.

“The approval of VEPPANU is an important milestone for patients, their caregivers, and physicians,” said Noah Berkowitz, M.D., Ph.D., Chief Medical Officer at Arvinas. “VEPPANU addresses an unmet need for patients with this aggressive form of breast cancer who have progressed on their initial therapy. Today’s approval provides a new oral treatment option that showed improved progression free survival when compared to the current standard of care, fulvestrant, which is administered via an intramuscular injection.”

VEPPANU was discovered by Arvinas and jointly developed by Arvinas and Pfizer. FDA approval was granted based on data from VERITAC-2 (NCT05654623), a global, randomized, open-label, pivotal Phase 3 clinical trial evaluating vepdegestrant versus fulvestrant. In the trial, among patients with an ESR1 mutation (n=270), vepdegestrant demonstrated a statistically significant and clinically meaningful improvement in progression-free survival (PFS), reducing the risk of disease progression or death by 43% compared to fulvestrant. Median PFS was 5 months (95% CI: 3.7, 7.4) in the vepdegestrant arm and 2.1 months (95% CI: 1.9, 3.5) in the fulvestrant arm (hazard ratio 0.57 [95% CI: 0.42, 0.77]; p-value 0.0001). Overall survival was immature with 16% of deaths in this population at the time of the PFS analysis. The majority of adverse events (AEs) with vepdegestrant were low grade (Grade 1-2) and the most common (≥10%) adverse reactions, including laboratory abnormalities, were decreased white blood cells, increased AST, musculoskeletal pain, fatigue, decreased hemoglobin, decreased neutrophils, increased ALT, increased alkaline phosphatase, nausea, decreased blood potassium, increased bilirubin, decreased appetite, electrocardiogram QT prolonged, decreased platelets, and constipation.

Arvinas and Pfizer intend to jointly identify and select a third-party partner with the capabilities and expertise to maximize the commercial potential of VEPPANU. The companies are on track to announce selection of a third party.

Arvinas was originally founded based on pioneering research at Yale University, where Professor Craig Crews, Ph.D., co-authored the first-ever paper on PROTAC protein degraders.
        
Please see below for the Important Safety Information for VEPPANU. Please see full U.S. Prescribing Information for VEPPANU here.

What is VEPPANU?
VEPPANU is a prescription medicine to treat people with estrogen receptor (ER)-positive, human epidermal growth factor receptor 2 (HER2)-negative, ESR1-mutated advanced breast cancer or breast cancer that has spread to other parts of the body (metastatic), and whose disease has progressed after at least one line of endocrine-based therapy.

Your healthcare provider will perform a test to make sure that VEPPANU is right for you.

IMPORTANT SAFETY INFORMATION

What should I tell my healthcare provider before taking VEPPANU?

  • All your medical conditions, including if you:
  • have heart failure or heart rhythm problems, including QTc prolongation, and long QTc syndrome
  • have low blood levels of potassium or magnesium
  • are pregnant or plan to become pregnant. VEPPANU can harm your unborn baby.

         Females who are able to become pregnant:

    • Your healthcare provider may do a pregnancy test before you start treatment with VEPPANU.
    • Use effective birth control (contraception) during treatment with VEPPANU and for 2 weeks after the last dose.

Males with female partners who are able to become pregnant:

    • Use effective birth control (contraception) during treatment with VEPPANU and for 2 weeks after the last dose.
  • are breastfeeding or plan to breastfeed. It is not known if VEPPANU passes into your breast milk. Do not breastfeed during treatment with VEPPANU and for 2 weeks after the last dose.


Tell your healthcare provider about all the medicines you take, 
including prescription and over-the counter medicines, vitamins, and herbal supplements. VEPPANU and other medicines may affect the way each other works and may cause serious side effects.

What should I avoid while taking VEPPANU?
Avoid taking St. John’s wort, eating grapefruit, or drinking grapefruit juice during with treatment with VEPPANU.

What are the possible side effects of VEPPANU?
VEPPANU can cause serious side effects, including:

  • Heart rhythm problems (QTc interval prolongation). VEPPANU can cause changes in the electrical activity of your heart and may increase your risk of abnormal heart rhythm problems, and sudden death. Your healthcare provider will check your heart with a test called an electrocardiogram (ECG) and check your blood potassium and magnesium levels before and as needed during treatment with VEPPANU. Get emergency medical help right away if you get any signs and symptoms of abnormal heart rhythm, including:
  • feeling lightheaded or faint
  • dizziness
  • feeling that your heart is pounding or beating fast (heart palpitations)
  • shortness of breath
  • chest pain

The most common side effects of VEPPANU include:

  • decreased white blood cell counts
  • increased liver function tests
  • muscle and bone pain
  • tiredness
  • decreased red blood cell counts
  • nausea
  • decreased potassium levels in your blood
  • decreased appetite
  • abnormal electrocardiogram (QT prolonged)
  • decreased platelet counts
  • constipation

Your healthcare provider may decrease your dose, temporarily stop, or completely stop treatment with VEPPANU, if you develop certain side effects.

VEPPANU may affect fertility in males and in females who are able to become pregnant. Talk to your healthcare provider if this is a concern for you. These are not all of the possible side effects of VEPPANU.

Call your doctor for medical advice about side effects.

You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.FDA.gov/medwatch or call 1-800-FDA-1088.

About the VERITAC-2 Clinical Trial
The Phase 3 VERITAC-2 clinical trial (NCT05654623) is a global, randomized, open-label trial evaluating the efficacy and safety of vepdegestrant (ARV-471) as a monotherapy compared to fulvestrant in patients with ER+/HER2- advanced or metastatic breast cancer previously treated with a CDK4/6 inhibitor plus endocrine therapy. The trial enrolled 624 patients, 270 of whom had ESR1m positive disease, at 213 sites in 25 countries.

Patients were randomized 1:1 to receive either vepdegestrant once daily, orally on a 28-day continuous dosing schedule, or fulvestrant, administered intramuscularly on Days 1 and 15 of Cycle 1 and then on Day 1 of each 28-day cycle starting from Day 1 of Cycle 2. In the trial, 43% of patients (n=270) had ESR1 mutations detected. The primary endpoint was progression-free survival (PFS) in the ESR1-mutation and intent-to-treat populations as determined by blinded independent central review.

About VEPPANU
VEPPANU (vepdegestrant) is an orally bioavailable PROteolysis TArgeting Chimera (PROTAC), estrogen receptor degrader approved in the U.S. for use as a monotherapy in the treatment of adults with estrogen receptor–positive (ER+), human epidermal growth factor receptor 2–negative (HER2-), ESR1-mutated advanced or metastatic breast cancer, as detected by an FDA-authorized test, with disease progression following at least one line of endocrine therapy.

In July 2021, Arvinas announced a global collaboration with Pfizer for the co-development and co-commercialization of vepdegestrant; Arvinas and Pfizer will share worldwide development costs, commercialization expenses, and profits. In September 2025, Arvinas and Pfizer announced their plan to jointly select a third party for the commercialization and potential further development of vepdegestrant.

About Arvinas
Arvinas (Nasdaq: ARVN) is a clinical-stage biotechnology company dedicated to improving the lives of patients suffering from debilitating and life-threatening diseases. Through its PROTAC (PROteolysis TArgeting Chimera) protein degrader platform, Arvinas is pioneering the development of protein degradation therapies designed to harness the body’s natural protein disposal system to selectively and efficiently degrade and remove disease-causing proteins. Arvinas, with its partner Pfizer, developed the first-and-only U.S. Food and Drug Administration (FDA) approved PROTAC, a type of heterobifunctional protein degrader, VEPPANU (vepdegestrant), for the treatment of adults with estrogen receptor-positive (ER+)/human epidermal growth factor receptor 2-negative (HER2-), ESR1-mutated advanced or metastatic breast cancer, as detected by an FDA-authorized test, with disease progression following at least one line of endocrine therapy.

Arvinas is currently progressing multiple investigational drugs through clinical development programs, including ARV-102, targeting LRRK2 for neurodegenerative disorders; ARV-806, targeting KRAS G12D for mutated cancers, including pancreatic, colorectal, and non-small cell lung cancers; ARV-393, targeting BCL6 for relapsed/refractory non-Hodgkin Lymphoma; and ARV-027, targeting the polyglutamine-expanded androgen receptor, or polyQ-AR, in skeletal muscle. Arvinas is headquartered in New Haven, Connecticut. For more information about Arvinas, visit www.arvinas.com and connect on LinkedIn and X.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties, including statements regarding: Arvinas’ belief in the potential of PROTAC degraders; Arvinas’ plans, with Pfizer, to jointly identify and select a third party partner with the capabilities and expertise to maximize the commercial potential of VEPPANU™ (vepdegestrant); Arvinas' belief that it is, with Pfizer, on track to announce selection of a partner capable of bringing VEPPANU to patients, and the timing of any such announced partner brining the treatment option to patients; and Arvinas’ belief in the breadth and versatility of its clinical pipeline across oncology, neurodegenerative, and neuromuscular diseases. All statements, other than statements of historical fact, contained in this press release, including statements regarding Arvinas’ strategy, future operations, future financial position, future revenues, projected costs, prospects, plans and objectives of management, are forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “target,” “goal,” “potential,” “will,” “would,” “could,” “should,” “look forward,” “continue,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.

Arvinas may not actually achieve the plans, intentions or expectations disclosed in these forward-looking statements, and you should not place undue reliance on such forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements Arvinas makes as a result of various risks and uncertainties, including but not limited to: whether Arvinas and Pfizer will successfully perform their respective obligations under the collaboration between Arvinas and Pfizer; risks and uncertainties related to the identification of a third party for the commercialization and potential future development of VEPPANU; whether VEPPANU will be commercially available when expected; the potential demand and market potential and acceptance of, VEPPANU, including estimates regarding the potential market opportunity; the competitive landscape for VEPPANU; risks related to Arvinas’ expectations regarding the potential clinical benefit of VEPPANU to patients; the risk that any regulatory approval may be subject to significant limitations on use or subject to withdrawal or other adverse actions by the applicable regulatory authority; the uncertainties inherent in research and development, including clinical trial results; regulatory actions or delays or government regulation generally; Arvinas’ ability to protect its intellectual property portfolio; Arvinas’ reliance on third parties; whether Arvinas will be able to raise capital when needed; whether Arvinas’ cash and cash equivalent resources will be sufficient to fund its foreseeable and unforeseeable operating expenses and capital expenditure requirements; and other important factors discussed in the “Risk Factors” section of Arvinas’ Annual Report on Form 10-K for the year ended December 31, 2025 and subsequent other reports on file with the U.S. Securities and Exchange Commission. The forward-looking statements contained in this press release reflect Arvinas’ current views with respect to future events, and Arvinas assumes no obligation to update any forward-looking statements, except as required by applicable law. These forward-looking statements should not be relied upon as representing Arvinas’ views as of any date subsequent to the date of this release.

Contacts
Investors:
Jeff Boyle
+1 (347) 247-5089
Jeff.Boyle@arvinas.com

Media:
Alyssa Kuciunas
+1 (331) 481-3751
Alyssa.kuciunas-c@arvinas.com 


FAQ

What did Arvinas (ARVN) announce about VEPPANU on May 1, 2026?

Arvinas announced FDA approval of VEPPANU for ESR1-mutant, ER+/HER2- advanced breast cancer. According to the company, approval came before the June 5, 2026 PDUFA date and recognizes VEPPANU as the first FDA‑approved PROTAC therapy.

How effective was vepdegestrant (VEPPANU) in the VERITAC-2 trial (ARVN/PFE)?

Vepdegestrant reduced progression or death risk by 43% in ESR1-mutant patients (HR 0.57). According to the company, median PFS was 5.0 months versus 2.1 months for fulvestrant in the trial (n=270).

Who is eligible for VEPPANU (vepdegestrant) treatment under the FDA approval?

Adults with ER+/HER2-, ESR1-mutated advanced or metastatic breast cancer after progression on at least one endocrine therapy. According to the company, eligibility requires an FDA‑authorized test confirming an ESR1 mutation.

What are the main safety concerns for VEPPANU (ARVN)?

Main risks include QT prolongation, decreased blood counts, and liver test elevations requiring monitoring. According to the company, ECGs and electrolyte checks are recommended and dose changes may be needed for adverse reactions.

Will Arvinas commercialize VEPPANU itself or with partners (ARVN)?

Arvinas and Pfizer plan to jointly select a third-party commercial partner to maximize VEPPANU’s potential. According to the company, they are on track to announce the selected third party soon following approval.

What clinical evidence supported FDA approval of VEPPANU (ARVN)?

Approval was based on VERITAC-2, a Phase 3 randomized trial showing statistically significant PFS benefit in ESR1-mutant patients. According to the company, the pivotal analysis reported HR 0.57 with a p-value of 0.0001.