Acrivon Therapeutics Inc. Common Stock

NASDAQ ACRV

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Acrivon Therapeutics Inc. Common Stock Debt to Tangible Net Worth Ratio 3 year CAGR for the quarter ending September 19, 2024

Acrivon Therapeutics Inc. Common Stock Debt to Tangible Net Worth Ratio 3 year CAGR is NA for the quarter ending September 19, 2024. The debt to tangible net worth ratio measures the level of debt relative to a company's tangible net worth. It is calculated by dividing total debt by the difference between shareholders' equity and intangible assets (such as goodwill). This ratio provides insights into the company's financial leverage, excluding intangible assets. A higher ratio suggests a higher level of debt burden in relation to tangible net worth. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
NASDAQ: ACRV

Acrivon Therapeutics Inc. Common Stock

CEO Dr. Peter Blume-Jensen M.D., Ph.D.
IPO Date Nov. 15, 2022
Location United States
Headquarters 480 Arsenal Way, Watertown, MA, United States, 02472
Employees 58
Sector Healthcare
Industry Biotechnology
Description

Acrivon Therapeutics, Inc., a clinical stage biopharmaceutical company, engages in developing oncology medicines for the patients whose tumors are predicted to be sensitive to each specific medicine by utilizing its proteomics-based patient responder identification platform. The company's Acrivon Predictive Precision Proteomics, a precision medicine platform enables the creation of drug specific proprietary OncoSignature companion diagnostics that are used to identify the patients to benefit from its drug candidates. Its lead clinical candidate is ACR-368, a selective small molecule inhibitor targeting CHK1 and CHK2, which is in Phase II clinical trial across various tumor types, including platinum-resistant ovarian, endometrial, and bladder cancer. The company is also developing its preclinical stage pipeline programs targeting critical nodes in the DNA damage response, or DDR, pathways; and ACR-2316, a dual WEE1/PKMYT1 inhibitor. Acrivon Therapeutics, Inc. was incorporated in 2018 and is based in Watertown, Massachusetts.

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StockViz Staff

September 19, 2024

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