ARVN
Arvinas, Inc.11.90
-0.44-3.57%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Differentiation benchmarks clarified in Q&A
Q&A sharpened focus on proving PROTAC differentiation, with management setting program-specific bars like >50% LRRK2 degradation for ARV-102 versus inhibitors and >35% responses for ARV-806 to outpace rivals. Analysts pressed on competitive risks; team detailed AD/PD Parkinson's biomarkers (safety, deeper pathway engagement) to inform PSP Phase 1b this half and potential registrational trial late 2026. ARV-393 early responses fuel combo plans sans dose tweaks; ARV-027 eyes muscle biopsies for polyQ AR proof. Vepdegestrant partnering on track pre-PDUFA. Degraders must beat inhibitors decisively. Confident tone amid data-heavy 2026; investors eye readout execution.
Key Stats
Market Cap
873.67MP/E (TTM)
-Basic EPS (TTM)
-0.81Dividend Yield
0%Recent Filings
8-K
ARV-102 hits >50% LRRK2 degradation
Arvinas unveiled positive Phase 1 data for ARV-102 on March 18, 2026, showing >50% LRRK2 degradation in CSF of Parkinson's patients after 28 days of oral dosing across 20-80 mg levels. Doses proved well-tolerated with only mild adverse events and no SAEs, while reducing key neuroinflammatory biomarkers like CD68 and GPNMB. ARV-102 penetrated the brain effectively. Plans advance to Phase 1b in PSP by Q2 2026, pending regulators.
8-K
Arvinas Q4 results, leadership shift
Arvinas reported Q4 and full-year 2025 results on February 24, 2026, with cash at $685.4M funding operations into H2 2028. Randy Teel, Ph.D., succeeded John Houston as President and CEO. Pipeline advances include ARV-102 Parkinson's data at AD/PD in March 2026, ARV-806 dose escalation complete, and ARV-393 responses in early lymphoma cohorts. Cash burned $354M amid $262.6M revenue.
10-K
FY2025 results
Arvinas narrowed FY2025 net losses to $80.8 million from $198.9 million in 2024 and $367.3 million in 2023, reflecting R&D efficiency amid clinical momentum. Q4 2025 shone with Phase 1 data for ARV-102 showing >90% LRRK2 degradation in PD patients' PBMCs and CSF, plus preclinical wins for ARV-806 and ARV-393. Vepdegestrant's NDA gained FDA acceptance with PDUFA June 5, 2026, after VERITAC-2's 43% PFS risk reduction in ESR1-mutated breast cancer. Cash funds operations into H2 2028. Leadership transitioned smoothly with new CEO Randy Teel. Clinical delays could stall quarterly progress.
8-K
CEO Houston resigns; Teel steps up
Arvinas shakes up leadership: John Houston resigns as president, CEO, and board chair effective February 12, 2026, shifting to director and consultant through March 1, 2027. Board taps insider Randy Teel, 47, as new president and CEO same day, with $680,000 base, 60% bonus target, plus hefty stock options and RSUs vesting over four years. Smooth internal handoff. New exec deal packs severance perks.
8-K
ARV-393 combo preclinical data
Arvinas unveiled preclinical data on December 6, 2025, at ASH showing ARV-393 plus glofitamab crushed tumors in a humanized HGBCL model—91% TGI with sequential dosing versus 38% and 36% for single agents alone. Biomarkers confirmed synergies via upregulated CD20 and interferon signaling. Combination cohort launches in Phase 1 DLBCL trial in 2026. Preclinical wins don't guarantee clinical success.
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