Acrivon Therapeutics to Present at the Cantor Global Healthcare Conference
September 10 2024 - 8:00AM
Acrivon Therapeutics, Inc. (“Acrivon” or “Acrivon Therapeutics”)
(Nasdaq: ACRV), a clinical stage precision medicine company
utilizing its Acrivon Predictive Precision Proteomics (AP3)
platform for the discovery, design, and development of drug
candidates through a mechanistic match to patients whose disease is
predicted sensitive to the specific treatment, today announced the
company’s president and chief executive officer, Peter
Blume-Jensen, M.D., Ph.D., will participate in a fireside chat on
Tuesday, September 17, 2024 at 8:35 a.m. ET at the Cantor Global
Healthcare Conference in New York.
To access the live webcast, visit the Events
& Presentations page within the investor section of the
company’s website at
https://ir.acrivon.com/news-events/events-presentations. A replay
of the webcast will be available via the same link shortly
following the event.
About Acrivon Therapeutics Acrivon is a
clinical stage biopharmaceutical company developing precision
oncology medicines that it matches to patients whose tumors are
predicted to be sensitive to each specific medicine by utilizing
Acrivon’s proprietary proteomics-based patient responder
identification platform, Acrivon Predictive Precision Proteomics,
or AP3. The AP3 platform is engineered to measure compound-specific
effects on the entire tumor cell protein signaling network and
drug-induced resistance mechanisms in an unbiased manner. These
distinctive capabilities enable AP3’s direct application for drug
design optimization for monotherapy activity, the identification of
rational drug combinations, and the creation of drug-specific
proprietary OncoSignature companion diagnostics that are used to
identify the patients most likely to benefit from Acrivon’s drug
candidates. Acrivon is currently advancing its lead candidate,
ACR-368 (also known as prexasertib), a selective small molecule
inhibitor targeting CHK1 and CHK2 in a potentially registrational
Phase 2 trial across multiple tumor types. The company has received
Fast Track designation from the Food and Drug Administration, or
FDA, for the investigation of ACR-368 as monotherapy based on
OncoSignature-predicted sensitivity in patients with
platinum-resistant ovarian or endometrial cancer. Acrivon’s ACR-368
OncoSignature test, which has not yet obtained regulatory approval,
has been extensively evaluated in preclinical studies, including in
two separate, blinded, prospectively-designed studies on
pretreatment tumor biopsies collected from past third-party Phase 2
trials in patients treated with ACR-368.
The FDA has granted Breakthrough Device designation for the
ACR-368 OncoSignature assay for the identification of ovarian
cancer patients who may benefit from ACR-368 treatment. In addition
to ACR-368, Acrivon is also leveraging its proprietary AP3
precision medicine platform for developing its
co-crystallography-driven, internally-discovered preclinical stage
pipeline programs. These include ACR-2316, a potent, selective
WEE1/PKMYT1 inhibitor designed for superior single-agent activity
as demonstrated in preclinical studies against benchmark
inhibitors, and a cell cycle program with an undisclosed
target.
Forward-Looking Statements This press release
includes certain disclosures that contain “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995 about us and our industry that involve
substantial risks and uncertainties. All statements other than
statements of historical facts contained in this press release,
including statements regarding our future results of operations or
financial condition, preclinical and clinical results, business
strategy and plans and objectives of management for future
operations, are forward-looking statements. In some cases, you can
identify forward-looking statements because they contain words such
as “anticipate,” “believe,” “contemplate,” “continue,” “could,”
“estimate,” “expect,” “intend,” “may,” “plan,” “potential,”
“predict,” “project,” “should,” “target,” “will,” or “would” or the
negative of these words or other similar terms or expressions.
Forward-looking statements are based on Acrivon’s current
expectations and are subject to inherent uncertainties, risks and
assumptions that are difficult to predict. Factors that could cause
actual results to differ include, but are not limited to, risks and
uncertainties that are described more fully in the section titled
“Risk Factors” in our reports filed with the Securities and
Exchange Commission. Forward-looking statements contained in this
press release are made as of this date, and Acrivon undertakes no
duty to update such information except as required under applicable
law.
Investor and Media Contacts: Adam D. Levy,
Ph.D., M.B.A.alevy@acrivon.com
Alexandra Santos asantos@wheelhouselsa.com
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