ArriVent Biopharma

ArriVent Biopharma

AVBP
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AVBP · Stock Price

USD 28.85+8.70 (+43.18%)
Market Cap: $1.4B

Historical price data

Market Cap: $1.4BPipeline: 5 drugs (3 Phase 3)Founded: 2021HQ: Newtown Square, United States

Overview

ArriVent Biopharma is a clinical-stage oncology company with a mission to identify, develop, and commercialize differentiated medicines from global innovation centers. Its core strategy, 'R&D Done Differently,' focuses on in-licensing high-potential, late-preclinical or early-clinical assets from partners in regions like China and South Korea, then leveraging its veteran team's expertise to rapidly advance them through global development and regulatory approval. Key achievements include initiating a pivotal Phase 3 trial for its lead asset, firmonertinib, in EGFR-mutant NSCLC, securing FDA Breakthrough Therapy Designation, and building a preclinical pipeline of novel antibody-drug conjugates (ADCs).

Oncology

Technology Platform

ArriVent's core 'platform' is its strategic 'R&D Done Differently' operating model, which focuses on identifying, in-licensing, and accelerating the global development of innovative oncology therapeutics sourced from emerging biopharma hubs like China and South Korea.

Pipeline

5
5 drugs in pipeline3 in Phase 3
DrugIndicationStageWatch
Firmonertinib + EGFR-TKI inhibitor based on investigator's c...Non-Small-Cell Lung CancerPhase 3
furmonertinib 240 mg oral, daily + furmonertinib 160 mg oral...Metastatic Non-Small Cell Lung CancerPhase 3
Firmonertinib + PlaceboNSCLCPhase 3
Furmonertinib + Furmonertinib + Furmonertinib + Furmonertini...Non-Small Cell Lung Cancer (NSCLC)Phase 1
MRG007Locally Advanced or Metastatic Solid TumorsPhase 1

Funding History

6
Total raised:$945M
Series E$155M
Series D$155M
Series C$155M
Series B$155M

Company Timeline

2021Founded

Founded in Newtown Square, United States

2024IPO

IPO — $175.0M

2024Series E

Series E: $155.0M

2024Series D

Series D: $155.0M