Acrivon Therapeutics Inc. Common Stock

NASDAQ ACRV

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Acrivon Therapeutics Inc. Common Stock Retention Ratio 1 year YoY Change (%) for the year ending September 19, 2024

Acrivon Therapeutics Inc. Common Stock Retention Ratio 1 year YoY Change (%) is NA for the year ending September 19, 2024. The retention ratio, also known as the plowback ratio, measures the proportion of a company's earnings that are retained after paying dividends. It is calculated by dividing the net income minus dividends paid by the net income. This ratio indicates the percentage of earnings that are reinvested back into the company rather than being distributed to shareholders as dividends. A higher retention ratio suggests a higher level of reinvestment, indicating potential future growth opportunities. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
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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