Acrivon Therapeutics reports Q4 EPS (80c) vs. ($2.45) last year

"The mission of Acrivon is to pioneer a new era of precision oncology, and 2022 was an important year for us," said Peter Blume-Jensen, M.D., Ph.D., chief executive officer, president, and founder of Acrivon. "Amongst our many achievements, we are particularly excited about our successful IPO on NASDAQ and the FDA clearance and subsequent initiation of our potentially registrational Phase 2 trial with ACR-368 in patients with platinum-resistant ovarian, endometrial, and bladder cancer. Our team is fully focused on both the clinical execution of this trial as well as the advancement of our preclinical programs targeting WEE1 and PKMYT1, leveraging our differentiated proteomics-based precision medicine platform across all our pipeline programs. Our landmark Phase 2 study is the first to stratify patients based on predicted sensitivity to ACR-368 using our proprietary OncoSignature test. Acrivon’s predictive precision proteomics platform, AP3, has the potential to transform precision medicine and overcome the limitations of traditional genetics-based biomarker approaches for patient responder identification to improve treatment outcomes for patients."