other material
confidence high
sentiment positive
materiality 0.80
Nuvation Bio licenses taletrectinib to Eisai for up to €195M; Q4 IBTROZI rev $15.7M
Nuvation Bio Inc.
- Exclusive license to Eisai for taletrectinib in EU, Canada, Australia, Middle East, India, others; upfront €50M, up to €145M milestones, royalties up to high-teens.
- Preliminary Q4 IBTROZI net revenue $15.7M; total $24.7M since June 2025 launch; 432 new patient starts.
- Preliminary cash $529.2M at Dec 31, 2025; received $25M milestone from Nippon Kayaku.
- MAA for taletrectinib in Europe expected H1 2026; first €25M milestone upon EU approval.
- Company continues enrollment of safusidenib phase 3 study in IDH1-mutant gliomas; full FY2025 results due March 2026.