other material
confidence high
sentiment positive
materiality 0.65
Acrivon announces dual WEE1/PKMYT1 inhibitor ACR-2316; plans IND by Q4 2024
Acrivon Therapeutics, Inc.
- ACR-2316 is a novel dual WEE1/PKMYT1 inhibitor designed using Acrivon’s AP3 precision proteomics platform.
- Preclinical studies show single-digit nM IC50 potency and potent single-agent anti-tumor activity in vitro and in vivo.
- IND-enabling studies underway; IND submission targeted for Q4 2024 to initiate monotherapy development.
- Updated corporate presentation confirms cash and marketable securities as of June 30, 2023, with cash runway into 2025.
- Company prioritizes ACR-2316 based on preclinical profile for OncoSignature-based patient selection.