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. (RVMD) is a clinical-stage precision oncology company dedicated to discovering and developing innovative targeted therapies that address the unmet needs of cancer patients. The company leverages its proprietary product engine to target frontier oncology pathways, with a strong focus on the RAS and mTOR signaling pathways, which are crucial for cancer growth and survival. Revolution Medicines’ approach draws inspiration from nature and evolution, harnessing insights from natural products to guide the discovery and development of small molecules that modulate key cancer targets.
The company’s research and development pipeline features several promising candidates, including RMC-4630, a SHP2 inhibitor, and a portfolio of RAS(ON) inhibitors such as RMC-6236, RMC-6291, and RMC-9805. These novel therapies aim to inhibit the active form of RAS proteins, which are common drivers in numerous cancer types. Revolution Medicines is also advancing the SOS1 and 4EBP1/mTORC1 programs, which hold significant potential in combination treatment strategies.
Recent achievements highlight the company’s progress in clinical development. Notably, the RMC-6236 Phase 1/1b trial demonstrated promising clinical activity and a favorable safety profile in patients with advanced solid tumors harboring KRAS mutations. The trial results showed an objective response rate of 38% in non-small cell lung cancer (NSCLC) and 20% in pancreatic ductal adenocarcinoma (PDAC), with disease control rates of 85% and 87%, respectively.
In October 2023, Revolution Medicines announced a pivotal milestone with the merger with EQRx, Inc., enhancing its financial position and enabling further investment in its clinical programs. The merger is expected to add approximately $1.1 billion in net cash proceeds, supporting the advancement of their RAS(ON) and RAS Companion Inhibitors. Dr. Sandra Horning, a renowned oncologist and former Genentech executive, joined the board of directors, bringing invaluable experience to the company.
Revolution Medicines continues to engage the scientific community and stakeholders through presentations at major conferences and investor webcasts. The company remains committed to advancing its robust pipeline of oncology therapies, aiming to revolutionize the treatment landscape for RAS-addicted cancers and improve outcomes for cancer patients worldwide.
Revolution Medicines, Inc. (RVMD) will announce its third quarter 2021 financial results on November 10, 2021, after market close. A conference call and webcast will follow at 4:30 p.m. ET, led by senior management discussing financials and corporate developments. The company focuses on precision oncology, developing targeted therapies for RAS-addicted cancers. Their R&D pipeline includes RAS(ON) Inhibitors like RMC-6291 and RMC-6236, and RAS Companion Inhibitors such as RMC-4630. The live webcast and archives can be accessed on their website.
Revolution Medicines announced an invited oral presentation at the upcoming AACR-NCI-EORTC Virtual International Conference, showcasing preclinical data from its RAS(ON) inhibitor programs. Scheduled for October 9, 2021, the session will feature Steve Kelsey, M.D., presenting on the discovery and development of RAS(ON) inhibitors targeting various oncogenic RAS variants. This highlights the company's ongoing efforts in developing targeted therapies for RAS-addicted cancers.
Revolution Medicines (Nasdaq: RVMD) announced its participation in the 3rd Annual RAS-Targeted Drug Development Summit from September 21-23, 2021. Key presentations include:
- Targeting KRASG12C(ON) by Bob Nichols, Ph.D. on September 22 at 11:55 a.m. Eastern.
- Combination Strategies for RAS-Addicted Cancers by Jan Smith, Ph.D. on September 22 at 2:00 p.m. Eastern.
- Panel discussion moderated by Steve Kelsey, M.D. on September 23 at 4:15 p.m. Eastern.
The Company focuses on developing targeted therapies for RAS-addicted cancers.
Revolution Medicines, a clinical-stage oncology company (Nasdaq: RVMD), announced that CEO Mark A. Goldsmith will present at the H.C. Wainwright 23rd Annual Global Investment Conference on September 13, 2021, at 7:00 a.m. Eastern Time. The conference runs from September 13-15, 2021, in a virtual format with a live webcast accessible on the company’s website. Revolution Medicines specializes in developing targeted therapies for RAS-addicted cancers, with its R&D pipeline including RAS(ON) Inhibitors and RAS Companion Inhibitors.
Revolution Medicines, focusing on RAS-addicted cancer treatments, reported Q2 2021 financial results, highlighting a decrease in revenue to $8.7 million, down from $10 million in Q2 2020. They reported a net loss of $44.3 million compared to $27.2 million last year. The company is advancing its RAS(ON) Inhibitor portfolio, deprioritizing indirect combinations in favor of direct RAS inhibitor combinations. A strategic collaboration with Amgen for a global Phase 2 study of RMC-4630 with Lumakras™ was announced. Financial guidance estimates a full year net loss between $170-$190 million, including around $20 million in stock-based compensation.
Revolution Medicines (Nasdaq: RVMD) will report its Q2 2021 financial results on August 11, 2021, after market close. A conference call and webcast are scheduled for 4:30 p.m. Eastern Time, where senior management will discuss the results and recent company developments. Revolution Medicines focuses on developing targeted therapies for RAS-addicted cancers and has a diverse R&D pipeline including RAS(ON) and RAS Companion Inhibitors such as RMC-6291 and RMC-4630. The live webcast will be accessible via the company’s website, followed by an archived version for at least 14 days.
Revolution Medicines has announced the publication of a study in Nature Chemical Biology showcasing the anti-tumor effects of its first-in-class RMC-5552, a bi-steric mTORC1-selective inhibitor. The study highlights RMC-5552's potential to selectively inhibit mTORC1, preserving the tumor suppressor 4EBP1, which may increase anti-tumor efficacy, especially in RAS-addicted cancers. The company has initiated a Phase 1/1b clinical trial to evaluate RMC-5552's safety and effectiveness against advanced solid tumors.
Revolution Medicines (Nasdaq: RVMD) is hosting a Science Talk webcast on June 17, 2021, at 4:00 p.m. Eastern, focusing on RAS-addicted cancers and drug resistance strategies. The presentation will feature insights from recent preclinical and clinical studies, with discussions led by CEO Mark A. Goldsmith and President of R&D Steve Kelsey. Topics will include oncogenic RAS signaling, resistance mechanisms, and advances in treatment. The webcast will also cover data from the 2021 AACR Virtual Annual Meeting, highlighting the company's drug discovery capabilities and R&D pipeline.
Revolution Medicines (Nasdaq: RVMD) will participate in the Goldman Sachs 42nd Annual Global Healthcare Conference from June 8-11, 2021. CEO Mark A. Goldsmith will engage in a fireside chat on June 9, 2021, at 3:00 p.m. Eastern Time. Interested individuals can access the live webcast through the events page on Revolution Medicines’ website, with a replay available for 14 days post-conference. The company focuses on precision oncology, developing targeted therapies for RAS-addicted cancers, including RMC-6291 and RMC-6236.
Revolution Medicines (Nasdaq: RVMD), a precision oncology company, will participate in the Cowen 2nd Annual Virtual Oncology Innovation Summit on May 20-21, 2021. Steve Kelsey, M.D., will present in a fireside chat on May 21 at 12:40 p.m. Eastern. The company focuses on developing targeted therapies for RAS-addicted cancers, with a pipeline including RAS(ON) Inhibitors like RMC-6291 and RMC-6236, and RAS Companion Inhibitors such as RMC-4630. Revolution Medicines leverages advanced drug discovery methods to create innovative small molecules aimed at treating challenging cancer variants.
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