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Nuvation Bio Inc. - NUVB STOCK NEWS

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

Nuvation Bio Inc. (symbol: NUVB) is a biopharmaceutical company pioneering the development of innovative therapies to treat various forms of cancer. Founded in 2018 by industry veteran David Hung, M.D., who previously established Medivation, Inc., the company has quickly positioned itself as a leader in oncology therapeutics. Nuvation Bio operates out of New York and San Francisco, focusing on unmet medical needs in the cancer treatment landscape.

The company's core business revolves around its proprietary portfolio of six novel oncology therapeutic product candidates. These therapies are mechanistically distinct and aim to tackle some of the hardest-to-treat cancers. Among its product pipeline, the flagship clinical-stage candidate is NUV-868, an oral small molecule BET inhibitor that selectively targets BD2. This inhibitor disrupts the BRD4 protein, a crucial member of the BET family involved in tumor growth regulation. NUV-868's mechanism of action includes the inhibition of oncogenes such as c-myc, which are often altered in human cancers.

Nuvation Bio is also breaking new ground with its small molecule Drug-Drug Conjugate (DDC) platform. This approach is a novel category within anti-cancer therapies, closely related to Antibody-Drug Conjugates (ADCs). The DDC platform aims to deliver targeted therapy with improved efficacy and reduced side effects compared to traditional chemotherapy.

In addition to its robust product pipeline, Nuvation Bio has formed strategic partnerships and collaborations to enhance its research and development capabilities. These alliances are key to accelerating the development and commercialization of its therapeutic candidates, ensuring that new treatments can reach patients who need them the most.

Financially, Nuvation Bio is well-positioned, leveraging its strong foundation and innovative pipeline to attract investor interest and funding. The company's commitment to revolutionizing cancer treatment is evident in its continuous pursuit of groundbreaking therapies and clinical trials that aim to provide better outcomes for cancer patients.

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Nuvation Bio Inc. appoints Colleen Sjogren as Chief Commercial Officer, bringing nearly 30 years of biopharmaceutical experience. The company aims to become a commercial organization by the end of 2025 through the pending acquisition of AnHeart Therapeutics.
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Nuvation Bio Inc. acquires AnHeart Therapeutics , transforming into a late-stage global oncology company with promising assets like taletrectinib and safusidenib. The all-stock transaction maintains strong cash balance, enabling development without raising capital. The Acquisition is expected to close in Q2 2024.
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Nuvation Bio Inc. (NYSE: NUVB) announces the dosing of the first patient in a Phase 1/2 study of NUV-1511, their first drug-drug conjugate (DDC) to enter the clinic. The study aims to establish the recommended Phase 2 dose for NUV-1511 and evaluate safety, tolerability, pharmacokinetic profile, and clinical activity in patients with various advanced solid tumors.
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Nuvation Bio Inc. reports completion of Phase 1 monotherapy study of NUV-868, determination of MTD, ongoing Phase 1b studies with olaparib and enzalutamide. FDA clearance for NUV-1511 IND application. Strong financial position with $611.2 million in cash and marketable securities as of December 31, 2023.
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Nuvation Bio Inc. (NYSE: NUVB) announced the appointment of Robert Mashal, M.D. to its Board of Directors. Dr. Mashal, a seasoned biotech industry veteran, will provide valuable insights to advance Nuvation's pipeline. His experience as an investor, operator, and medical oncologist makes him a valuable addition to the company.
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Nuvation Bio Inc. (NUVB) announced FDA clearance of its IND application for NUV-1511, the first clinical candidate from its novel drug-drug conjugate platform. The company anticipates initiating a Phase 1/2 clinical study of NUV-1511 in 1H 2024.
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Nuvation Bio Inc. (NUVB) announces the resignation of Chief Financial Officer Jennifer Fox to pursue new opportunities. Ms. Fox seeks later stage development and commercial launch experience, leaving with high regard for the Company. Her resignation is effective November 27, 2023. Executive and finance team members will assume CFO duties and responsibilities.
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Nuvation Bio Inc. reports Q3 2023 financial results with cash, cash equivalents, and marketable securities of $619.3 million. Phase 1 monotherapy study of NUV-868 and Phase 1b study of NUV-868 in combination with olaparib or enzalutamide are ongoing. Expect to submit an IND for first Drug-Drug Conjugate (DDC) clinical candidate by year end 2023.
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FAQ

What is the current stock price of Nuvation Bio (NUVB)?

The current stock price of Nuvation Bio (NUVB) is $2.42 as of January 29, 2025.

What is the market cap of Nuvation Bio (NUVB)?

The market cap of Nuvation Bio (NUVB) is approximately 843.1M.

What is Nuvation Bio Inc.?

Nuvation Bio Inc. is a biopharmaceutical company focused on developing innovative cancer therapies.

Who founded Nuvation Bio?

Nuvation Bio was founded in 2018 by David Hung, M.D., who also founded Medivation, Inc.

What is the company's leading product candidate?

The leading product candidate is NUV-868, a BD2-selective oral small molecule BET inhibitor.

What is the focus of Nuvation Bio's therapeutic portfolio?

The portfolio targets some of the most difficult-to-treat cancers with six novel oncology therapeutic candidates.

Where are Nuvation Bio's offices located?

Nuvation Bio has offices in New York and San Francisco.

What is NUV-868 and how does it work?

NUV-868 is an oral small molecule BET inhibitor that targets BD2 and inhibits the BRD4 protein, impacting tumor growth and oncogene regulation.

What is the Drug-Drug Conjugate (DDC) platform?

The DDC platform is a novel therapeutic approach within the drug-conjugate class, similar to Antibody-Drug Conjugates (ADCs), aimed at improving cancer treatment efficacy.

Who are Nuvation Bio's strategic partners?

Nuvation Bio collaborates with various industry partners to enhance its research, development, and commercialization efforts.

What is the company's primary goal?

Nuvation Bio aims to revolutionize cancer treatment by developing innovative and effective therapeutic options for patients.

How does Nuvation Bio support its financial stability?

Nuvation Bio attracts investor interest and funding by leveraging its innovative pipeline and strong business foundation.
Nuvation Bio Inc.

NYSE:NUVB

NUVB Rankings

NUVB Stock Data

843.10M
244.26M
26.85%
56.08%
6.55%
Biotechnology
Pharmaceutical Preparations
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United States of America
SAN FRANCISCO