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 a potentially registrational Phase 2 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 and cell cycle regulation pathways, such as WEE1, a protein kinase and PKMYT1, a protein serine/threonine kinase. The company was incorporated in 2018 and is based in Watertown, Massachusetts.
Revenue of Acrivon Therapeutics, Inc. Common Stock (ACRV)
Revenue in 2023 (TTM): $
According to Acrivon Therapeutics, Inc. Common Stock's latest financial reports the company's current revenue (TTM) is $. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Acrivon Therapeutics, Inc. Common Stock
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $ | $-536,000 | $-59,852,000 | $-60,388,000 | $-60,388,000 |
| 2022 | $ | $-1,095,000 | $-30,072,000 | $-31,167,000 | $-29,677,000 |
| 2021 | $ | $-832,000 | $-15,411,000 | $-16,243,000 | $-16,243,000 |
| 2020 | $ | $-13,000 | $-5,293,000 | $-5,306,000 | $-5,306,000 |