ACRV
NASDAQ
Biotechnology
$1.68
USD
+$0.10 (+6.33%)
Last close
Market Cap:
$67.63M
Volume:
272.1K
Previous Close
$1.58
Day Range
$1.58 - $1.68
52 Week Range
$1.15 - $3.56
Average Volume (10 Days)
370K
P/E Ratio
0.00
Dividend Yield
0.00%
Acrivon Therapeutics, Inc. develops drugs for clinical treatment. The company is headquartered in Watertown, Massachusetts and currently employs 74 full-time employees. The company went IPO on 2022-11-15. The company uses its precision Generative Phosphoproteomics platform, Acrivon Predictive Precision Proteomics (AP3), to develop its pipeline of oncology drug candidates. Its lead candidate, ACR-368, is a selective small molecule inhibitor which targets CHK1 and CHK2 at sub single-digit nM and single-digit nM potency in intact cells, respectively, in a registrational Phase II trial across multiple solid tumor types. Using its AP3 platform, it has developed a predictive OncoSignature test for ACR-368, called ACR-368 OncoSignature, that can predict patient response to ACR-368 monotherapy and therefore improve the clinical overall response rate (ORR) and has the potential to enable drug development. Its preclinical program, ACR-2316, is advancing in investigational new drug-enabling studies. The company is a novel, dual WEE1 and PKMYT1 inhibitor small molecule development candidate.
CEO
Dr. Peter Blume-Jensen
Headquaters
Watertown, MASSACHUSETTS, US
Founded
2022
Employees
75
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