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Elevation Oncology, Inc. - $ELEV STOCK NEWS

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

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Rhea-AI Summary

Elevation Oncology, Inc. (Nasdaq: ELEV) will have its CEO, Joseph J. Ferra, participate in a fireside chat at the Citizens JMP Life Sciences Conference on May 14, 2024. The company focuses on developing cancer therapies for solid tumors with unmet medical needs.

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-6.95%
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conferences
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Rhea-AI Summary

Elevation Oncology, Inc. reported its first-quarter 2024 financial results, highlighting recent business achievements. The company raised $44.2 million year-to-date through an ATM facility, extending its cash runway into 2026. Enrollment in the Phase 1 clinical trial of EO-3021 is ongoing in the U.S. and Japan, with initial safety and efficacy data expected by mid-3Q 2024. Preclinical proof-of-concept data for the HER3-ADC program was presented at the AACR Annual Meeting, with the company on track to nominate a development candidate in 2H 2024.

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-4.5%
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Rhea-AI Summary
Elevation Oncology announces promising preclinical data for its HER3-ADC program, showcasing proof-of-concept results at AACR Annual Meeting 2024. The data demonstrates HER3-dependent cell killing and robust anti-tumor activity in solid tumors with high HER3 expression. The company aims to nominate a development candidate later in 2024.
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1.51%
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Rhea-AI Summary
Elevation Oncology, Inc. (ELEV) announces financial results for Q4 2023, raises $17.0M, and advances clinical trials globally. The company plans to provide updates on Phase 1 trials, present preclinical data, and nominate development candidates in 2024.
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Elevation Oncology presents preclinical proof-of-concept data for its HER3-targeting antibody-drug conjugate program at AACR 2024, aiming to nominate a development candidate in 2024.
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Elevation Oncology, Inc. appoints Julie Cherrington, Ph.D., and Alan Sandler, M.D., to its Board of Directors, aiming to advance selective cancer therapies. Dr. Cherrington brings extensive drug development experience, while Dr. Sandler contributes expertise in oncology and drug development.
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-3.99%
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management clinical trial
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Elevation Oncology, Inc. (Nasdaq: ELEV) announces participation in upcoming investor conferences in March 2024 to discuss innovative cancer therapies for solid tumors with unmet medical needs.
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3.77%
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Elevation Oncology expands Phase 1 clinical trial of EO-3021 outside the US, dosing first patient in Japan. The trial aims to evaluate safety, tolerability, and anti-tumor activity in patients with advanced solid tumors expressing Claudin 18.2. Positive responses from medical experts highlight the potential of EO-3021 to address unmet medical needs in gastric cancer treatment.
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-2.53%
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Elevation Oncology, Inc. (Nasdaq: ELEV) has appointed Darcy Mootz, Ph.D., an experienced life sciences executive, to its Board of Directors. Dr. Mootz brings expertise in corporate strategy, corporate development, finance, and operations. She is expected to provide important perspective as the company continues to advance EO-3021 through clinical development. Dr. Mootz's appointment is seen as a significant step in the company's efforts to build a pipeline of selective cancer therapies for a range of unmet medical needs.
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Rhea-AI Sentiment
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11.46%
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management
Rhea-AI Summary
Elevation Oncology, Inc. (Nasdaq: ELEV) announces updates on ongoing Phase 1 clinical trial of EO-3021, expansion of clinical development program, and strong financial position for 2024.
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47.8%
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Elevation Oncology, Inc.

Nasdaq:ELEV

ELEV Rankings

ELEV Stock Data

195.60M
19.16M
1.97%
86.3%
10.29%
Biological Product (except Diagnostic) Manufacturing
Manufacturing
Link
United States of America
BOSTON

About ELEV

elevation oncology is founded on the belief that every patient with cancer deserves to know what is driving the growth of their disease and have access to therapeutics that can stop it. we make genomic tests actionable by selectively developing drugs to inhibit the specific alterations that have been identified as drivers of disease. together with our peers we work towards a future in which each unique genomic testing result can be matched with a purpose-built precision medicine to bring clarity to every cancer treatment journey. our lead candidate, seribantumab, inhibits tumor growth driven by nrg1 fusions and is currently being clinically tested in the phase 2 crestone study for patients with tumors of any origin that have an nrg1 fusion. learn more about crestone at www.nrg1fusion.com. elevation oncology is backed by aisling capital, vertex ventures hc, qiming venture partners usa, driehaus capital management, and bvf partners.