Acrivon Therapeutics Inc. Common Stock

NASDAQ ACRV

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Acrivon Therapeutics Inc. Common Stock Return on Common Equity 5 year CAGR for the quarter ending March 31, 2023

Acrivon Therapeutics Inc. Common Stock Return on Common Equity 5 year CAGR is NA for the quarter ending March 31, 2023. Return on common equity measures the profitability of a company relative to its common shareholders' equity. It is calculated by dividing the net income by the common stock (net). This ratio indicates how effectively a company generates profit for its common shareholders' equity investment. A higher return on common equity suggests better profitability and value creation for common shareholders. 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.
  • Acrivon Therapeutics Inc. Common Stock Return on Common Equity for the quarter ending March 31, 2023 was -50,540.91%.
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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