STOCK TITAN

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.

Rhea-AI Summary
Acrivon Therapeutics, Inc. announced the approval of an equity award under its 2023 Inducement Plan to one employee in the form of stock options. The employee received options to purchase 99,300 shares of Acrivon common stock, with vesting conditions and installments. The grant was approved by Acrivon’s Board of Directors, as required by Nasdaq Rule 5635(c)(4), and was granted as a material inducement to employment in accordance with Nasdaq Rule 5635(c)(4).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.31%
Tags
none
-
Rhea-AI Summary
Acrivon Therapeutics, Inc. (Nasdaq: ACRV) announced that its president and CEO, Peter Blume-Jensen, M.D., Ph.D., will present a company overview at the 42nd Annual J.P. Morgan Healthcare Conference. Acrivon is a clinical stage biopharmaceutical company developing precision oncology medicines utilizing its proprietary proteomics-based patient responder identification platform, Acrivon Predictive Precision Proteomics (AP3). The webcast will be available on the company's website with a replay option for 30 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.63%
Tags
conferences
-
Rhea-AI Summary
Acrivon Therapeutics, Inc. (Nasdaq: ACRV) appoints Jean-Marie Cuillerot, M.D., as chief medical officer and announces other key personnel updates
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
Tags
management
Rhea-AI Summary
Acrivon Therapeutics, Inc. (ACRV) has announced that the FDA has granted Breakthrough Device designation for the ACR-368 OncoSignature assay, a multiplex immunofluorescence assay for the identification of ovarian cancer patients who may benefit from ACR-368 treatment. The designation reflects FDA’s determination that the device is reasonably expected to provide for more effective treatment or diagnosis of life-threatening or irreversibly debilitating human disease or conditions. Acrivon has partnered with Akoya Biosciences to co-develop, validate, and commercialize ACR-368 OncoSignature assay.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
Tags
none
-
Rhea-AI Summary
Acrivon Therapeutics, Inc. (ACRV) announced the participation of its president and CEO in a fireside chat at the Piper Sandler 35th Annual Healthcare Conference. The company is a clinical stage biopharmaceutical firm developing precision oncology medicines utilizing its proprietary proteomics-based patient responder identification platform, Acrivon Predictive Precision Proteomics (AP3).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.02%
Tags
conferences
-
Rhea-AI Summary
Acrivon Therapeutics, Inc. (ACRV) granted an equity award to one employee, consisting of 57,900 stock options, under its 2023 Inducement Plan. The options will vest over a three-year period, subject to continued employment, as part of a material inducement to employment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.02%
Tags
none
Rhea-AI Summary
Acrivon Therapeutics, Inc. (Nasdaq: ACRV) reported Q3 2023 financial results and business highlights, emphasizing commitment to precision oncology medicines and the Acrivon Predictive Precision Proteomics (AP3) platform. CEO Peter Blume-Jensen highlighted recent presentations and initial clinical readouts for ACR-368, with more data to be presented in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.19%
Tags
-
Rhea-AI Summary
Acrivon Therapeutics grants equity awards to two employees under its 2023 Inducement Plan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.43%
Tags
none
-
Rhea-AI Summary
Acrivon Therapeutics announces selection of two abstracts for poster presentations at the AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.82%
Tags
Rhea-AI Summary
Acrivon Therapeutics announces internally developed clinical candidate ACR-2316, a dual WEE1 and PKMYT1 inhibitor. IND submission planned by Q4 2024. AP3 platform enables rapid generation and optimized design of ACR-2316. Potential for monotherapy development in tumors predicted to be sensitive to ACR-2316 using OncoSignature patient selection approach.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.65%
Tags

FAQ

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

The current stock price of Acrivon Therapeutics (ACRV) is $5.14 as of March 3, 2025.

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

The market cap of Acrivon Therapeutics (ACRV) is approximately 166.1M.

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

166.11M
18.89M
22.39%
75.98%
3.48%
Biotechnology
Pharmaceutical Preparations
Link
United States
WATERTOWN