Nuvation Bio

Nuvation Bio

NUVBPhase 3
Founded 2018nuvationbio.com

Nuvation Bio is a publicly traded, commercial-stage oncology company with a mission to develop new generations of cancer medicines that address drug resistance and limited efficacy of current therapies. Founded by Dr. David Hung, the architect behind blockbuster prostate cancer drug XTANDI, the company leverages a patient-first mindset and a deep pipeline of novel therapeutic candidates targeting critical cancer pathways. With offices in New York, San Francisco, Boston, and Shanghai, Nuvation Bio is positioned to tackle some of the toughest challenges in cancer treatment.

Market Cap
$1.5B
+124.2% period
Pipeline
17
3 in Phase 3
Patents
18
granted
Publications
5
indexed

NUVB · Stock Price

USD 4.35+2.41 (+124.23%)

Historical price data

AI Company Overview

Nuvation Bio is a publicly traded, commercial-stage oncology company with a mission to develop new generations of cancer medicines that address drug resistance and limited efficacy of current therapies. Founded by Dr. David Hung, the architect behind blockbuster prostate cancer drug XTANDI, the company leverages a patient-first mindset and a deep pipeline of novel therapeutic candidates targeting critical cancer pathways. With offices in New York, San Francisco, Boston, and Shanghai, Nuvation Bio is positioned to tackle some of the toughest challenges in cancer treatment.

Oncology

Technology Platform

Focuses on developing a deep pipeline of differentiated and novel therapeutic candidates targeting critical pathways cancer cells use to grow, generated from proprietary discovery programs and business development.

Pipeline

17
17 drugs in pipeline3 in Phase 3
DrugIndicationStageWatch
Taletrectinib + CrizotinibNon Small Cell Lung CancerPhase 3
safusidenib + PlaceboGliomaPhase 3
Taletrectinib + PlaceboNon-small Cell Lung Cancer (NSCLC)Phase 3
AB-106Solid TumorPhase 2
TaletrectinibNon Small Cell Lung CancerPhase 2

Funding History

3
Total raised:$675M
IPO$250MFeb 15, 2021
Series B$150MJul 15, 2020
Series A$275MDec 15, 2018

Opportunities

The transition to a commercial-stage company opens direct revenue streams and validates the development model.
The deep pipeline targeting high-unmet-need cancers presents multiple shots on goal for significant value creation.
The founder's exceptional track record in oncology drug development is a unique asset for identifying and advancing promising candidates.

Risk Factors

Inherent risks of clinical trial failures and regulatory setbacks for the development pipeline.
Intense competition in the oncology market from larger, well-resourced companies.
Execution risk associated with commercial launch and market penetration for its approved product.

Competitive Landscape

Competes in the highly competitive oncology space against large pharma and other biotechs. Key differentiation is the proven track record of founder David Hung in rapidly developing blockbuster cancer drugs (XTANDI) and a focused strategy on the most difficult-to-treat cancers where current therapies fail.