Workflow
Generative Phosphoproteomics
icon
Search documents
Acrivon Therapeutics Appoints World-Renowned Oncology Key Opinion Leader and Clinical Investigator Mansoor Raza Mirza, M.D., as Chief Medical Officer
Globenewswire· 2025-04-07 20:05
Core Insights - Acrivon Therapeutics has appointed Dr. Mansoor Raza Mirza as the new Chief Medical Officer, effective April 9, 2025, succeeding Dr. Jean-Marie Cuillerot [1][2] - Dr. Mirza will lead the clinical development of Acrivon's ongoing trials, including the Phase 2b trial of ACR-368 for endometrial cancer and the Phase 1 study of ACR-2316 [1][2] - Acrivon is focused on precision medicine through its Acrivon Predictive Precision Proteomics (AP3) platform, which aims to match drug candidates to patients based on predicted sensitivity [1][7] Company Overview - Acrivon Therapeutics is a clinical stage biopharmaceutical company specializing in precision oncology medicines [7] - The company utilizes its proprietary AP3 platform to discover and develop drug candidates, measuring compound-specific effects on tumor cell protein signaling networks [7][9] - Acrivon's lead candidate, ACR-368, is a selective small molecule inhibitor targeting CHK1 and CHK2, currently in a Phase 2 trial for endometrial cancer [7][8] Clinical Development - ACR-368 has received Fast Track designation from the FDA for its investigation as a monotherapy in endometrial cancer [7] - The ACR-2316 program is also advancing rapidly, showing promising clinical activity during its dose escalation phase [2][8] - Acrivon is developing an OncoSignature test for ACR-368 to identify patients likely to benefit from the treatment, which has received Breakthrough Device designation from the FDA [7] Leadership and Expertise - Dr. Mirza is recognized for his contributions to the clinical development of therapies for ovarian and endometrial cancers, having led multiple successful trials [2][3] - He has authored numerous publications and has been involved in developing national guidelines for managing gynecologic cancers [3][4] - Dr. Mirza's extensive experience includes key positions in various prestigious organizations related to gynecologic oncology [4][5]
Acrivon Therapeutics Provides Program Updates and Fourth Quarter and Full Year 2024 Financial Results
Globenewswire· 2025-03-27 21:44
Core Insights - Acrivon Therapeutics is advancing its Generative Phosphoproteomics AP3 platform to enhance drug discovery and development, particularly focusing on endometrial cancer with promising clinical data for its lead candidate ACR-368 [1][3][10] Clinical Developments - ACR-368 demonstrated a confirmed overall response rate (cORR) of 35% in OncoSignature-positive patients with heavily pretreated endometrial cancer, significantly higher than the previous line of therapy's 15% [1][6] - In patients who relapsed after prior anti-PD-1 and chemotherapy, the cORR was 50% with a median duration of response (mDOR) exceeding 10 months, while refractory patients showed a cORR of 33% and mDOR of approximately 3.4 months [1][3][6] - The Phase 1 trial of ACR-2316 is ahead of schedule, with initial clinical activity and tumor shrinkage observed at the third dose level [1][3] Financial Performance - For the fourth quarter and full year ended December 31, 2024, the company reported a net loss of $22.8 million and $80.6 million, respectively, compared to $19.3 million and $60.4 million for the same periods in 2023 [5][7] - Research and development expenses increased to $18.6 million for the quarter and $64.0 million for the full year 2024, primarily due to the ongoing development of ACR-368 and ACR-2316 [7][8] Cash Position - As of December 31, 2024, Acrivon had cash, cash equivalents, and investments totaling $184.6 million, expected to fund operations into 2027 [9][10] Strategic Focus - The company is prioritizing endometrial cancer due to limited treatment options and a compelling commercial opportunity, reallocating resources to ACR-368 and ACR-2316 [1][5][6] - Acrivon is also exploring the potential of ACR-368 in combination with ultra-low dose gemcitabine, with preliminary data suggesting significant sensitization in patients [6][11]
Acrivon Therapeutics to Host Corporate R&D Event to Provide AP3 Platform Capabilities and Clinical ACR-368 and ACR-2316 Program Updates
Globenewswire· 2025-03-19 12:00
Core Insights - Acrivon Therapeutics is hosting a virtual R&D event on March 25, 2025, to showcase its drug discovery capabilities and updates on its clinical studies [2][3] - The company utilizes its proprietary Acrivon Predictive Precision Proteomics (AP3) platform for developing precision oncology medicines tailored to patients' tumor sensitivities [4][5] Company Overview - Acrivon Therapeutics is a clinical stage biopharmaceutical company focused on precision oncology, employing the AP3 platform to discover and develop drug candidates [4] - The AP3 platform generates extensive quantitative data for pathway-based drug design and response prediction, facilitating rational drug discovery and the identification of effective drug combinations [4][7] Clinical Development - Acrivon's lead candidate, ACR-368 (prexasertib), is a selective small molecule inhibitor targeting CHK1 and CHK2, currently in a Phase 2 trial for multiple tumor types [4] - The FDA has granted Fast Track designation for ACR-368 as a monotherapy for patients with platinum-resistant ovarian or endometrial cancer, based on OncoSignature-predicted sensitivity [4] - Acrivon is also developing ACR-2316, a selective WEE1/PKMYT1 inhibitor, aimed at enhancing single-agent activity through the activation of key cell cycle proteins [5] Key Opinion Leaders - The event will feature presentations from notable experts in gynecologic oncology, including Dr. Mansoor Raza Mirza, Dr. Robert L. Coleman, and Dr. Jesper Olsen, who will provide insights into endometrial cancer [6] Future Directions - Acrivon is advancing its proprietary AP3 Interactome platform for comprehensive analyses of drug profiling data, which supports its ongoing research programs [7]
Acrivon Therapeutics to Host Corporate R&D Event to Provide AP3 Platform Capabilities and Clinical ACR-368 and ACR-2316 Program Updates
Newsfilter· 2025-03-19 12:00
Core Insights - Acrivon Therapeutics is hosting a virtual R&D event on March 25, 2025, to showcase its drug discovery capabilities and provide updates on its clinical studies [1][2] - The company utilizes its proprietary Acrivon Predictive Precision Proteomics (AP3) platform for developing precision oncology medicines tailored to patients' tumor sensitivities [3][4] Company Overview - Acrivon Therapeutics is a clinical stage biopharmaceutical company focused on precision oncology, employing the AP3 platform to discover and develop drug candidates [3] - The AP3 platform generates extensive quantitative data for pathway-based drug design and response prediction, facilitating rational drug discovery and the identification of effective drug combinations [3][4] Clinical Development - Acrivon's lead candidate, ACR-368 (prexasertib), is a selective small molecule inhibitor targeting CHK1 and CHK2, currently in a Phase 2 trial for multiple tumor types [3] - ACR-368 has received Fast Track designation from the FDA for use as monotherapy in patients with platinum-resistant ovarian or endometrial cancer [3] - The company is also developing ACR-2316, a selective WEE1/PKMYT1 inhibitor, aimed at enhancing single-agent activity through the activation of key cell cycle proteins [4] Key Opinion Leaders - The event will feature presentations from notable experts in gynecologic oncology, including Dr. Mansoor Raza Mirza, Dr. Robert L. Coleman, and Dr. Jesper Olsen, who will discuss the implications of Acrivon's research [5]