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Elevation Oncolo Stock Price, News & Analysis

ELEV NASDAQ

Company Description

Overview

Elevation Oncology Inc (symbol: ELEV) is an innovative oncology company that is reshaping cancer treatment through the development of selective, precision antibody-drug conjugates (ADCs). With a firm belief that every cancer patient deserves treatments tailored to the unique genomic drivers of their disease, the company focuses on targeting clinically validated oncologic markers such as Claudin 18.2 and HER3. Leveraging advanced ADC technology, Elevation Oncology is dedicated to converting genomic insights into actionable therapeutics that can selectively inhibit tumor growth and improve patient outcomes in various solid tumors.

Core Business and Scientific Approach

At its core, Elevation Oncology operates within the biopharmaceutical research and development sector. The company’s pipeline utilizes a deep understanding of genomic alterations to design ADCs that deliver cytotoxic agents directly to cancer cells expressing these targets. Its lead candidate, EO-3021, is a potential best-in-class ADC engineered to target Claudin 18.2, a marker often exposed upon malignant transformation in gastric and gastroesophageal junction cancers. In parallel, Elevation Oncology is advancing its HER3-targeting program by developing EO-1022, which is built on the selective binding properties of seribantumab, an anti-HER3 monoclonal antibody. This dual-target approach exemplifies the company’s commitment to precision medicine in oncology.

Market Position and Industry Relevance

Elevation Oncology distinguishes itself in the competitive oncology market by focusing on personalized therapeutic solutions for patients with significant unmet medical needs. The company’s strategic emphasis on ADC technology positions it at the intersection of innovative biotechnology and precision cancer care. Through rigorous preclinical and clinical programs, Elevation Oncology seeks to create therapeutics that not only demonstrate robust anti-tumor activity but also offer a differentiated safety profile, making them potentially more combinable with other treatment regimens. This nuanced approach is supported by collaborations and clinical supply agreements with major industry players, underlining the company’s commitment to advancing selective cancer therapies.

Clinical Development and Pipeline

Elevation Oncology’s development pipeline is structured around its flagship programs targeting Claudin 18.2 and HER3. EO-3021, the Claudin 18.2 ADC, is being evaluated in robust Phase 1 clinical trials, both as a monotherapy and in combination with other therapies, thereby exploring its potential to serve as a transformative treatment option for advanced gastric and gastroesophageal cancers. Simultaneously, EO-1022, the HER3 ADC candidate, is progressing through preclinical development, with its design leveraging advanced site-specific conjugation technologies to maximize safety and efficacy. The company’s focus on targeted therapy is driven by a scientific rationale that links unique genomic alterations to specific therapeutic interventions, exemplifying the principles of precision oncology.

Research, Partnerships, and Scientific Expertise

The path to developing next-generation cancer therapies is bolstered by Elevation Oncology’s commitment to scientific excellence and collaborative innovation. The company’s research efforts are centered on generating compelling preclinical and early clinical data that demonstrate proof-of-concept for its ADC programs. Through strategic partnerships and licensing agreements that provide access to cutting-edge conjugation technologies, Elevation Oncology reinforces its ability to deliver targeted therapeutics that are both safe and effective. This strategy not only supports its clinical development goals but also contributes to a pipeline that is poised to address a spectrum of oncology indications.

Operational Excellence and Industry Impact

Elevation Oncology’s operations are characterized by an unwavering focus on the discovery and development of selective cancer therapies. The company’s integration of genomic testing into its drug development strategy represents a decisive step toward personalized medicine, ensuring that each therapeutic candidate is closely aligned with the molecular profile of the patient population it intends to serve. This operational excellence, paired with a clear understanding of the competitive landscape within the oncology market, underscores the company’s role as a research-oriented entity with significant potential to influence modern cancer care strategies.

Conclusion

In summary, Elevation Oncology is a visionary company in the oncology space, distinguished by its commitment to developing precision therapeutics through ADC technology. By focusing on the targeted inhibition of Claudin 18.2 and HER3, the company not only addresses critical unmet needs in cancer care but also lays the groundwork for a future where treatment decisions are deeply informed by a patient’s individual genomic profile. With its comprehensive clinical programs, scientific rigor, and strategic industry partnerships, Elevation Oncology continues to advance the frontier of selective cancer therapies.

Stock Performance

$0.3834
+2.00%
+0.01
Last updated: April 27, 2025 at 17:05
-89.69 %
Performance 1 year
$22.9M
Market Cap
59.2M
Shares outstanding

SEC Filings

No SEC filings available for Elevation Oncolo.

Financial Highlights

$0
Revenue (TTM)
-$44,485,000
Net Income (TTM)
-$0.78
Diluted EPS (TTM)
-$36,364,000
Operating Cash Flow
21.21
Current Ratio
-$44,703,000
Operating Income

Upcoming Events

April 27, 2025
Present preclinical data
January 1, 2026
File IND application
January 1, 2026
File IND application
January 1, 2026
IND application filing
January 1, 2026
File IND application

Frequently Asked Questions

What is the current stock price of Elevation Oncolo (ELEV)?

The current stock price of Elevation Oncolo (ELEV) is $0.3759 as of April 25, 2025.

What is the market cap of Elevation Oncolo (ELEV)?

The market cap of Elevation Oncolo (ELEV) is approximately 22.9M.

What is the revenue (TTM) of Elevation Oncolo (ELEV) stock?

The trailing twelve months (TTM) revenue of Elevation Oncolo (ELEV) is $0.

What is the net income of Elevation Oncolo (ELEV)?

The trailing twelve months (TTM) net income of Elevation Oncolo (ELEV) is -$44,485,000.

What is the earnings per share (EPS) of Elevation Oncolo (ELEV)?

The diluted earnings per share (EPS) of Elevation Oncolo (ELEV) is -$0.78 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Elevation Oncolo (ELEV)?

The operating cash flow of Elevation Oncolo (ELEV) is -$36,364,000.

What is the current ratio of Elevation Oncolo (ELEV)?

The current ratio of Elevation Oncolo (ELEV) is 21.21, indicating the company's ability to pay short-term obligations.

What is the operating income of Elevation Oncolo (ELEV)?

The operating income of Elevation Oncolo (ELEV) is -$44,703,000.

What is the core focus of Elevation Oncology?

Elevation Oncology focuses on the discovery and development of precision antibody-drug conjugates (ADCs) targeting oncogenic drivers such as Claudin 18.2 and HER3 in solid tumors.

How does the company leverage its ADC platform?

The company uses its ADC expertise to design targeted therapies that deliver cytotoxic agents selectively to cancer cells, minimizing systemic toxicity while maximizing anti-tumor activity.

Who are the primary patient populations targeted by Elevation Oncology?

Elevation Oncology targets patient populations with solid tumors that express specific biomarkers like Claudin 18.2 in gastric and gastroesophageal cancers and HER3 in various other solid tumors.

What distinguishes Elevation Oncology from other oncology companies?

Its focus on transforming genomic test results into actionable therapeutic strategies, paired with robust ADC clinical pipelines and strategic technology partnerships, sets it apart in the oncology field.

What clinical programs are currently underway?

The company is advancing EO-3021, a Claudin 18.2-targeted ADC in Phase 1 trials, and is progressing EO-1022, a HER3-targeted ADC, through preclinical development, both designed to offer differentiated safety and efficacy.

How does Elevation Oncology’s research contribute to precision medicine?

By integrating genomic testing with drug development, the company creates therapies tailored to specific molecular drivers, ensuring treatments are closely aligned with the individual profiles of patients.

What role do partnerships play in the company’s strategy?

Strategic partnerships provide access to advanced conjugation technologies and clinical resources, enhancing the company’s capability to develop innovative, targeted therapies.

How does the company’s pipeline impact the future of cancer treatment?

Elevation Oncology’s comprehensive ADC pipeline holds the potential to redefine treatment paradigms by delivering targeted, effective therapies that address critical unmet needs in cancer care.