Arvinas reports Q4 EPS (63c), consensus (96c)

Reports Q4 revenue $59.2M, consensus $62.79M. “We made significant progress across our pipeline in 2024, all of which we believe supports our mission to improve the lives of patients with debilitating and life-threatening diseases,” said John Houston, Ph.D., Chairperson, Chief Executive Officer and President at Arvinas (ARVN). “Looking ahead, we are on the cusp of a number of firsts, including results from VERITAC-2, the first ever Phase 3 clinical trial of a PROTAC. In addition, we plan to present the first-in-human data for our most advanced neuroscience program, ARV-102, which we believe will highlight the potential value our PROTAC degraders can offer to patients with neurodegenerative diseases. In the coming months, we look forward to sharing additional updates emerging from our pipeline and PROTAC platform.”