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Acrivon Therapeutics, Inc. - ACRV STOCK NEWS

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

About Acrivon Therapeutics, Inc. (ACRV)

Acrivon Therapeutics, Inc. is a clinical-stage biopharmaceutical company at the forefront of precision oncology, leveraging cutting-edge technologies to develop targeted cancer therapies. Utilizing its proprietary Acrivon Predictive Precision Proteomics (AP3) platform, the company integrates advanced proteomics with machine learning to design drug candidates and identify patients most likely to benefit from their therapies. This innovative approach addresses a critical unmet need in oncology by aligning treatment mechanisms with active disease-driving pathways, enabling a more precise and effective therapeutic strategy.

Core Technology: The AP3 Platform

The AP3 platform is a groundbreaking proteomics-based system engineered to measure the effects of drug candidates on the entire tumor cell protein signaling network. By analyzing drug-induced resistance mechanisms and compound-specific impacts, AP3 enables Acrivon to optimize drug design, identify rational combination therapies, and develop proprietary companion diagnostics such as the OncoSignature assay. These diagnostics predict tumor sensitivity to specific treatments, ensuring that therapies are administered only to patients most likely to respond.

Pipeline and Key Drug Candidates

Acrivon’s clinical pipeline is spearheaded by ACR-368 (prexasertib), a selective small molecule inhibitor targeting CHK1 and CHK2. Currently in a potentially registrational Phase 2 trial, ACR-368 is being evaluated across multiple tumor types, including platinum-resistant ovarian and endometrial cancers. The company has received Fast Track designation from the FDA for ACR-368, underscoring its potential to address high unmet medical needs. Acrivon’s proprietary OncoSignature companion diagnostic test, which has also received Breakthrough Device designation, plays a pivotal role in identifying patients likely to benefit from ACR-368 treatment.

In addition to ACR-368, Acrivon is advancing ACR-2316, a novel WEE1/PKMYT1 inhibitor designed for superior single-agent activity. This preclinical-stage asset has demonstrated potent anticancer activity in preclinical studies and is expected to enter clinical trials soon. The company is also exploring additional drug candidates targeting critical pathways in cell cycle regulation and DNA damage response.

Market Position and Competitive Edge

Acrivon operates in the highly competitive precision medicine and oncology sectors, where innovation and efficacy are paramount. The company differentiates itself through its dual focus on drug development and companion diagnostics, powered by the AP3 platform. By integrating generative AI and machine learning into its drug discovery processes, Acrivon accelerates the identification of actionable targets and optimizes therapeutic designs. This unique combination of proteomics-driven insights and advanced computational tools positions Acrivon as a leader in precision oncology.

Challenges and Opportunities

While Acrivon’s innovative approach offers significant potential, the company faces challenges typical of the biotechnology industry, including regulatory approvals, clinical trial success rates, and competition from established players. However, its proprietary technologies, strong pipeline, and strategic focus on high-unmet-need cancers provide a solid foundation for long-term growth and impact.

Conclusion

Acrivon Therapeutics, Inc. stands out as a pioneer in precision oncology, leveraging its AP3 platform to develop targeted therapies and companion diagnostics. With a robust pipeline, strategic focus, and innovative technological capabilities, the company is well-positioned to transform cancer treatment and deliver meaningful outcomes for patients and healthcare providers alike.

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Acrivon Therapeutics reports initial positive clinical data for ACR-368 and pipeline program progress at a corporate R&D event. The Phase 2b clinical data showed a 50% confirmed overall response rate with ACR-368 in OncoSignature-positive gynecological cancers. The AP3 patient selection platform was validated, and the IND timeline for ACR-2316 was accelerated.
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Acrivon Therapeutics, a clinical stage biopharmaceutical company, will host a virtual corporate R&D event to showcase progress on its precision oncology medicines, including ACR-368 OncoSignature and ACR-2316. The event will feature presentations on the AP3-driven pipeline, clinical data on ACR-368, preclinical updates on ACR-2316, and a demonstration of the AP3 Interactome tool.
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Acrivon Therapeutics, Inc. announced data from two posters presented at the AACR Annual Meeting. ACR-2316, a dual WEE1/PKMYT1 inhibitor, showed potent anticancer activity in preclinical studies. AP3 profiling identified ULDG as a sensitizer for resistant ovarian cancer cells to ACR-368, a CHK1/2 inhibitor. Acrivon's precision proteomics-based approach in drug discovery and development was highlighted.
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Acrivon Therapeutics, Inc. announced a securities purchase agreement to issue 8,235,000 shares of common stock and pre-funded warrants, expecting gross proceeds of $130 million. The financing, led by new investors, will support the advancement of their lead clinical asset, ACR-368, and other pipeline programs.
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Acrivon Therapeutics, Inc. reported financial results for Q4 and full year 2023, highlighting progress in clinical trials for ACR-368 and ACR-2316. The company remains on track to present more mature clinical data in 2024 and has upcoming milestones for 2025. Recent highlights include advancements in IND-enabling studies for ACR-2316 and presentations at the AACR Annual Meeting. Financially, the company reported a net loss of $19.3 million for Q4 2023 and $60.4 million for the full year, with increased R&D and administrative expenses.
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Acrivon Therapeutics, Inc. announces the presentation of data at the AACR Annual Meeting for their novel dual WEE1 and PKMYT1 inhibitor, ACR-2316, developed using AP3. The company's CEO highlights the platform's ability to overcome drug resistance and present a rational combination treatment for their lead asset, ACR-368.
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Acrivon Therapeutics, Inc. announced the appointment of Dr. Santhosh Palani, a seasoned healthcare investor and former drug developer, to its board of directors. Dr. Palani's expertise in biotechnology investments and drug development will enhance Acrivon's precision medicine platform, AP3, which aims to match oncology medicines to patients based on proteomics. His background at PFM Health Sciences and NEA brings valuable experience to Acrivon's innovative approach in oncology and potential expansion into other therapeutic areas.
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Acrivon Therapeutics, Inc. announced its participation in a panel discussion at the TD Cowen 44th Annual Health Care Conference. The company is focused on developing precision oncology medicines using its proprietary platform, AP3.
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Acrivon Therapeutics, Inc. announced the appointment of Ivana Magovčević-Liebisch, Ph.D., J.D., to its board of directors. Dr. Magovčević-Liebisch brings over 25 years of experience in global business, R&D operations, partnering activities, commercialization, and regulatory, legal, and IP strategies. She has held pivotal roles at Vigil Neuroscience, Inc., Ipsen, Teva Pharmaceutical Industries Ltd., and Dyax. Her expertise will benefit Acrivon as they advance their pipeline of novel compounds.
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Acrivon Therapeutics, Inc. announced its participation in the Oppenheimer 34th Annual Healthcare Life Sciences Conference. The company is developing precision oncology medicines using its proprietary proteomics-based patient responder identification platform, Acrivon Predictive Precision Proteomics (AP3). The company's president and CEO, Peter Blume-Jensen, M.D., Ph.D., will participate in a fireside chat on February 13, 2024, at 2:40 p.m. ET. The live webcast can be accessed on the company's website, with a replay available for 30 days.
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FAQ

What is the current stock price of Acrivon Therapeutics (ACRV)?

The current stock price of Acrivon Therapeutics (ACRV) is $5.31 as of February 28, 2025.

What is the market cap of Acrivon Therapeutics (ACRV)?

The market cap of Acrivon Therapeutics (ACRV) is approximately 166.3M.

What does Acrivon Therapeutics specialize in?

Acrivon Therapeutics specializes in precision oncology, developing targeted cancer therapies and companion diagnostics using its AP3 proteomics platform.

What is the AP3 platform?

The AP3 platform is Acrivon’s proprietary proteomics-based system that integrates drug profiling with machine learning to optimize drug design and patient selection.

What are Acrivon’s lead drug candidates?

Acrivon’s lead candidates include ACR-368, a CHK1/CHK2 inhibitor in Phase 2 trials, and ACR-2316, a WEE1/PKMYT1 inhibitor in preclinical development.

How does Acrivon differentiate itself from competitors?

Acrivon integrates advanced proteomics, generative AI, and machine learning to develop therapies and diagnostics, offering a unique precision medicine approach.

What regulatory designations has Acrivon received?

Acrivon has received FDA Fast Track and Breakthrough Device designations for its ACR-368 drug and OncoSignature companion diagnostic.

What is the OncoSignature assay?

The OncoSignature assay is a proprietary diagnostic tool developed by Acrivon to identify patients whose tumors are likely to respond to specific treatments like ACR-368.

What industries does Acrivon operate in?

Acrivon operates in the biotechnology and precision medicine industries, with a focus on oncology drug development and companion diagnostics.

What challenges does Acrivon face?

Acrivon faces challenges such as regulatory hurdles, clinical trial success rates, and competition within the precision oncology market.
Acrivon Therapeutics, Inc.

Nasdaq:ACRV

ACRV Rankings

ACRV Stock Data

166.27M
18.89M
22.39%
75.98%
3.48%
Biotechnology
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