Arvinas Stock Price, News & Analysis

ARV-471, a novel PROTAC® estrogen receptor degrader, exhibits promising activity in patients with advanced ER+/HER2- breast cancer, achieving a median progression-free survival of 3.7 months overall and 5.7 months in patients with ESR1 mutant tumors. A clinical benefit rate of 38% was recorded in a heavily pre-treated cohort. Initial results from the VERITAC trial support the initiation of two Phase 3 trials. The study emphasizes ARV-471's favorable tolerability profile and potential as a new standard of care, with plans to initiate pivotal trials in late 2022 and early 2023.

Arvinas, Inc. (Nasdaq: ARVN) reported its third-quarter financial results for 2022, highlighting significant progress in clinical trials and executive team enhancements. The company is set to initiate two Phase 3 trials of ARV-471 for metastatic breast cancer by the year's end. Financially, revenues climbed to $30.3 million from $9.3 million in Q3 2021, driven by the ARV-471 collaboration. However, the net loss rose to $66.2 million, up from $46.8 million year-over-year, primarily due to increased R&D and administrative expenses.

Arvinas, a clinical-stage biotechnology company, will present at two key conferences in November 2022. At the Society for Neuroscience Annual Meeting, Angela Cacace will showcase research on PROTAC^® molecules targeting neurodegenerative proteins on November 12. Additionally, Arvinas will participate in the Stifel Healthcare Conference with Ron Peck and Randy Teel engaging in a fireside chat on November 15. The company focuses on innovative therapies that degrade disease-causing proteins, currently advancing multiple clinical-stage programs, including treatments for prostate and breast cancer.

Arvinas, Inc. (Nasdaq: ARVN) announced the appointment of Paul McInulty as Senior Vice President of Regulatory Affairs, effective October 3, 2022. McInulty brings over 25 years of biopharmaceutical experience, having previously held key roles at Bristol Myers Squibb and Celgene Corporation. His expertise will support Arvinas' transition into a late-stage development company focused on targeted protein degradation therapies. With a robust pipeline, including investigational programs for metastatic prostate and breast cancer, Arvinas aims to leverage McInulty’s experience to enhance regulatory strategies and overall growth trajectory.

On September 30, 2022, Arvinas, a clinical-stage biotechnology company, held its inaugural “Arvinas Impact Day,” with nearly 200 employees volunteering in the Greater New Haven area. The event emphasized community service, focusing on STEM initiatives and environmental protection. Highlights included educating over 300 students on financial literacy, enhancing facilities for a non-profit organization, and cleaning local beaches. CEO John Houston emphasized the company's commitment to community engagement and expressed enthusiasm for future initiatives.

Arvinas, a clinical-stage biotechnology company focused on targeted protein degradation, announced participation in a fireside chat at the Bank of America Securities Precision Oncology Conference on October 3, 2022, at 10:40 a.m. ET. The event will be accessible via a live audio webcast on Arvinas' website. The company is known for its innovative PROTAC® platform, which develops therapies aimed at degrading disease-causing proteins. Arvinas has several clinical-stage programs targeting prostate and breast cancers, reinforcing its commitment to advancing treatment options for severe diseases.

Arvinas, a clinical-stage biotechnology company focused on targeted protein degradation, announced its participation in three upcoming investor conferences in September 2022. The conferences include the Citi 17th Annual BioPharma Conference on September 8, the Wells Fargo Healthcare Conference on September 9, and the Morgan Stanley 20th Annual Global Healthcare Conference on September 12. Key executives will participate in fireside chats, with live webcasts available on their website. The company utilizes its proprietary PROTAC® technology to develop therapies for serious diseases.

Arvinas, Inc. (Nasdaq: ARVN) announced a board transition on August 18, 2022, with Liam Ratcliffe stepping down and John Young joining the Board of Directors. Ratcliffe, a significant contributor since 2015, was thanked by CEO John Houston for his guidance. Young, with nearly 35 years at Pfizer and experience in senior roles, is expected to contribute valuable insights as Arvinas approaches late-stage development. The company is dedicated to creating therapies targeting disease-causing proteins, with ongoing clinical programs for prostate and breast cancer treatments.