Clinical TrialsThe company remains on track to initiate a Phase 3 trial evaluating vepdeg + atirmo in 1L patients and a Phase 2 trial evaluating vepdeg + CDK4/6i in 2L patients.
Financial StabilityThe company reported $1,039mn in cash and cash equivalents, which the company indicated will provide cash runway into 2027.
Product PotentialConfidence in vepdegestrant's potential in the ESR1-mutant population is high, and its value in these patients alone justifies a premium to today's current price.