Welcome to our dedicated page for Revolution Medicines news (Ticker: RVMD), a resource for investors and traders seeking the latest updates and insights on Revolution Medicines stock.
Revolution Medicines, Inc. (Nasdaq: RVMD) generates frequent news as a late-stage clinical oncology company advancing a pipeline of RAS(ON) inhibitors for RAS-addicted cancers. Its public announcements highlight clinical trial milestones, regulatory designations and corporate developments related to drug candidates such as daraxonrasib, elironrasib and zoldonrasib.
News coverage for RVMD often centers on clinical data readouts and trial progress. The company has reported results from studies of daraxonrasib in metastatic pancreatic ductal adenocarcinoma (PDAC) in both previously treated and first-line settings, as well as combination regimens with gemcitabine and nab-paclitaxel. It also releases updates on global Phase 3 trials, including RASolute 302 and 304 in PDAC and RASolve 301 in RAS-mutant non-small cell lung cancer (NSCLC).
Another key news theme is regulatory interaction with the U.S. Food and Drug Administration. Revolution Medicines has announced FDA Breakthrough Therapy Designations for daraxonrasib, elironrasib and zoldonrasib in specific KRAS-mutant NSCLC and pancreatic cancer settings, Orphan Drug Designation for daraxonrasib in pancreatic cancer, and a Commissioner’s National Priority Voucher for daraxonrasib. These items are frequently covered in press releases and investor communications.
Investors and observers can also expect corporate and financial updates, including quarterly financial results, strategic financing transactions such as the Royalty Purchase Agreement with Royalty Pharma, and leadership appointments to support late-stage development and potential commercialization. Conference presentations at major healthcare and oncology meetings, where the company shares updated clinical and preclinical data, are another recurring source of news.
This news page aggregates such disclosures, offering a centralized view of Revolution Medicines’ clinical progress, regulatory milestones and corporate events for those tracking RVMD’s development in RAS-driven oncology.
Revolution Medicines, Inc. (Nasdaq: RVMD), a clinical-stage oncology firm, announced its participation in two upcoming investor conferences. CEO Mark A. Goldsmith will speak at the Guggenheim Healthcare Talks 2023 Oncology Conference on February 9, 2023, at 9:00 a.m. Eastern, and at the SVB Securities Global Biopharma Conference on February 16, 2023, at 1:00 p.m. Eastern. The Guggenheim event will take place in-person at the St. Regis New York, while the SVB conference will be virtual. Live webcasts will be accessible through the company’s website, with replays available for 14 days post-conferences.
Revolution Medicines, a clinical-stage oncology firm focusing on targeted therapies for RAS-addicted cancers, announced that CEO Mark A. Goldsmith will present at the 41st Annual J.P. Morgan Healthcare Conference from January 9-12, 2023, in San Francisco. Goldsmith's presentation is scheduled for January 10 at 11:15 a.m. Pacific in the Georgian Room of the Westin St. Francis Hotel. Live access to the presentation will be available on the company's website, and a replay will be accessible for at least 14 days post-conference.
Revolution Medicines (Nasdaq: RVMD) announced the publication of a manuscript in the Journal of Medicinal Chemistry detailing RMC-5552, a bi-steric mTORC1-selective inhibitor. This compound exhibits a remarkable 40-fold selectivity for mTORC1 over mTORC2. Preclinical studies revealed that RMC-5552, in combination with a KRASG12C inhibitor, led to tumor regressions in resistant non-small cell lung cancer models. Phase 1/1b trials for RMC-5552 in patients with refractory solid tumors are ongoing, with promising initial antitumor activity reported.
Revolution Medicines, Inc. (Nasdaq: RVMD) announced the termination of its collaboration with Sanofi for the development of RMC-4630, a SHP2 inhibitor for RAS-addicted cancers. This decision allows Revolution Medicines to regain full control over the drug’s development and commercialization strategies. The transition is expected to occur in the first half of 2023. The company will continue its Phase 2 study of RMC-4630 in combination with sotorasib, providing topline data by late 2023. The projected 2022 GAAP net loss is updated to $245-265 million.
Revolution Medicines, a clinical-stage oncology company (Nasdaq: RVMD), announced participation in two investor conferences. CEO Mark A. Goldsmith will host fireside chats at the H.C. Wainwright 3rd Annual Precision Oncology Virtual Conference on November 14, 2022, at 7:00 a.m. Eastern, and the 5th Annual Evercore ISI HealthCONx Conference from November 29 to December 1, 2022, with his chat scheduled for December 1 at 2:15 p.m. Eastern. Webcasts of the chats will be available online, with archived replays for at least 14 days.
Revolution Medicines (RVMD) reported its Q3 2022 financial results, highlighting ongoing Phase 1/1b trials for RMC-6236 and RMC-6291, aimed at treating RAS-addicted cancers. The company completed a public equity financing in July, raising approximately $265 million to enhance its financial position. Q3 revenue stood at $3.4 million, with a net loss of $73.3 million. R&D expenses rose to $69.5 million, driven by clinical trial activities. RVMD maintains a cash position of $655 million, projecting to fund operations through 2024.
Revolution Medicines, Inc. (Nasdaq: RVMD), a clinical-stage oncology firm, will report its third-quarter financial results on November 7, 2022, after market close. The company is focused on developing therapies for RAS-addicted cancers, with RMC-6236 and RMC-6291 currently in clinical trials. Senior management will host a webcast at 4:30 p.m. ET on the same day to discuss the financial outcomes and corporate advancements, which will be accessible via their website for 14 days post-event.
Revolution Medicines, Inc. (Nasdaq: RVMD) announced that the first patient has been dosed in its Phase 1/1b clinical trial of RMC-6291, a novel oral, selective KRASG12C(ON) Inhibitor. This trial aims to evaluate the drug's safety and tolerability in patients with advanced solid tumors harboring the KRASG12C mutation. RMC-6291 is the first candidate from Revolution's pipeline of mutant-selective RAS(ON) Inhibitors, followed closely by RMC-6236, its RASMULTI(ON) Inhibitor. The company believes its complementary approaches will be effective against RAS-addicted cancers.
Revolution Medicines (Nasdaq: RVMD) announced key leadership changes, promoting Jack Anders to Chief Financial Officer and Jeff Cislini to General Counsel. Daniel Simon will join as Chief Business Officer. Anders boasts 20 years of finance experience, pivotal in the company's growth into a clinical-stage firm. Cislini brings over 20 years in legal expertise, focusing on governance and compliance. Simon, with 15 years in life sciences, is expected to enhance strategic planning and business development. These appointments aim to strengthen Revolution Medicines' focus on RAS-addicted cancer therapies.
Revolution Medicines, Inc. (Nasdaq: RVMD) announced participation in upcoming investor conferences, with CEO Mark A. Goldsmith set to speak at both events. The 2022 Wells Fargo Healthcare Conference will take place from September 7-9, featuring Goldsmith's fireside chat on September 8 at 3:45 p.m. Eastern. The H.C. Wainwright 24th Annual Global Investment Conference follows from September 12-14, with a chat scheduled for September 12 at 7:00 a.m. Eastern. A webcast of the latter will be available online for 14 days post-event.
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