ArriVent Biopharma

ArriVent Biopharma

AVBPPhase 3
Newtown Square, United StatesFounded 2021arrivent.com

Founded in 2021, ArriVent Biopharma identifies and in-licenses promising drug candidates from global innovation hubs, particularly China, to develop them for worldwide markets. The company's mission is to ensure differentiated medicines for difficult-to-treat cancers reach global patient populations. Led by a team with a proven track record in drug development and approvals, ArriVent's strategy leverages deep oncology expertise and regulatory experience to maximize the potential of its pipeline.

Market Cap
$973.3M
Founded
2021
Focus
AntibodiesBiologicsSmall Molecules

AVBP · Stock Price

USD 22.02+2.02 (+10.10%)

Historical price data

AI Company Overview

Founded in 2021, ArriVent Biopharma identifies and in-licenses promising drug candidates from global innovation hubs, particularly China, to develop them for worldwide markets. The company's mission is to ensure differentiated medicines for difficult-to-treat cancers reach global patient populations. Led by a team with a proven track record in drug development and approvals, ArriVent's strategy leverages deep oncology expertise and regulatory experience to maximize the potential of its pipeline.

Technology Platform

ArriVent's core platform is its strategic operating model: identifying and in-licensing promising late-preclinical or clinical-stage oncology assets from global innovation hubs (especially China) and leveraging deep development and regulatory expertise to accelerate their global development and commercialization.

Pipeline Snapshot

5

5 drugs in pipeline, 3 in Phase 3

DrugIndicationStage
Firmonertinib + EGFR-TKI inhibitor based on investigator's choiceNon-Small-Cell Lung CancerPhase 3
furmonertinib 240 mg oral, daily + furmonertinib 160 mg oral, daily + platinum-b...Metastatic Non-Small Cell Lung CancerPhase 3
Firmonertinib + PlaceboNSCLCPhase 3
Furmonertinib + Furmonertinib + Furmonertinib + Furmonertinib + FurmonertinibNon-Small Cell Lung Cancer (NSCLC)Phase 1
MRG007Locally Advanced or Metastatic Solid TumorsPhase 1

Funding History

6

Total raised: $945M

Series E$155MHillhouse CapitalJul 15, 2024
Series D$155MHillhouse CapitalMay 22, 2024
Series C$155MHillhouse CapitalMar 29, 2024
Series B$155MHillhouse CapitalFeb 1, 2024

Opportunities

Major near-term opportunity lies in successfully launching firmonertinib for NSCLC patients with Exon 20 insertion and PACC mutations, addressing significant unmet needs.
Long-term growth can be driven by expanding the ADC pipeline into clinical trials and leveraging the partnership model to continuously refresh the pipeline with novel oncology assets from global partners.

Risk Factors

Key risks include clinical trial failure of the lead asset, intense competition in the EGFR inhibitor and ADC spaces, regulatory hurdles for drugs initially developed abroad, dependence on partners for pipeline assets, and the ongoing need to raise capital as a pre-revenue company.

Competitive Landscape

Firmonertinib faces competition from other EGFR inhibitors like mobocertinib and amivantamab for Exon 20 insertions, and osimertinib for classical mutations. Its key differentiators are broad activity across mutation types and high brain penetration. In the ADC space, it will compete with major players like AstraZeneca and Merck, relying on novel constructs from its partners for differentiation.

Publications
4
Pipeline
5

Company Info

TypeTherapeutics
Founded2021
LocationNewtown Square, United States
StagePhase 3
RevenuePre-revenue

Trading

TickerAVBP
ExchangeNASDAQ

Therapeutic Areas

Oncology

Partners

Allist PharmaceuticalsLepu BiopharmaAarvik TherapeuticsAlphamab OncologyBeijing InnoCare Pharma Tech Co., Ltd.
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