earnings
confidence high
sentiment positive
materiality 0.75
Enliven Q3 net loss $23.2M; ELVN-001 Phase 1 MMR rate 44% by 24 weeks
Enliven Therapeutics, Inc.
2024-Q3 EPS reported
-$1.43
- Cash $291.8M as of Sept 30, 2024; runway into late 2026.
- Net loss $23.2M (Q3 2024) vs $20.8M (Q3 2023); R&D expenses $21.3M.
- ELVN-001 Phase 1: cumulative MMR 44% (8/18) by 24 weeks; no dose reductions at ≥40 mg due to TRAEs.
- Plan to report additional ELVN-001 data in 2025 with ~60-100 patients across lines of therapy.
- ELVN-002 trials in HER2+ MBC and CRC ongoing; data anticipated in 2025.