Strong Financial Position
Arvinas is in a strong financial position with over $1 billion in cash, cash equivalents, and marketable securities, sufficient to support operations into 2027.
Significant Revenue Growth
Revenue for Q4 2024 was $59.2 million, a major increase compared to a negative $43.1 million in Q4 2023. The full year 2024 revenue was $263.4 million, up from $78.5 million in 2023.
Advancement of Vepdegestrant Program
Phase 3 topline data from VERITAC-2 expected this quarter, with plans for two additional Phase 3 combination trials in 2025.
Progress in Neuroscience Program
ARV-102, a LRRK2 degrader, shows promise in early trials with data to be presented at the AD/PD conference.
Pipeline Expansion
Plans to file an investigational new drug application for KRAS G12D degrader, with ongoing progress in BCL6 degrader and other PROTAC programs.