Nuvation Bio Inc banner

Nuvation Bio Inc
NYSE:NUVB

Watchlist Manager
Nuvation Bio Inc Logo
Nuvation Bio Inc
NYSE:NUVB
Watchlist
Price: 4.82 USD -0.62% Market Closed
Market Cap: $1.7B

Nuvation Bio Inc
Investor Relations

Nuvation Bio, Inc. is a biopharmaceutical company tackling some of the unmet needs in oncology by developing differentiated and novel therapeutic candidates. The company is headquartered in San Francisco, California and currently employs 64 full-time employees. The company went IPO on 2020-07-01. The firm is engaged in developing differentiated and novel therapeutic candidates focused on treating patients with cancer. The firm is advancing six wholly owned compounds that have resulted from drug discovery and development programs, which include NUV-422 a cyclin-dependent kinase (CDK) inhibitor, NUV-868 a bromodomain and extra terminal (BET) inhibitor, NUV-569 a Wee1 inhibitor, an A2A adenosine receptor inhibitor program, and a drug-drug conjugate (DDC) platform. Its lead product candidate, NUV-422, is a selective small molecule inhibitor of CDK 2, 4 and 6. Its second product candidate is NUV-868, a BD2-selective oral small molecule BET inhibitor. The company is developing, including NUV-569, NUV-569 is a differentiated oral small molecule selective inhibitor of Wee1 kinase, an important regulator of deoxyribonucleic acid (DNA) damage repair. Its subsidiaries include Nuvation Holdings, LLC and RePharmation Ltd.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Mar 2, 2026
AI Summary
Q4 2025

Approval & launch: IBTROZI received full U.S. FDA approval June 11, 2025 and Nuvation treated 432 new patients from approval through year-end, including 216 in Q4.

Launch momentum: IQVIA shows prescribing roughly 6x faster than the two prior ROS1 TKI launches over their first two full quarters; management says uptake is broadening from academic centers into community settings.

Durability & differentiation: Management highlighted IBTROZI's durable activity and a selective balance of ROS1 and measured TrkB inhibition as a reason for strong intracranial control and tolerability.

Near-term revenue dynamics: Q4 product revenue was $15.7M and total Q4 revenue $41.9M; management explains a gap between new patient starts and revenue because many early starts were later-line patients who discontinue quickly.

Financial position & deals: Cash, cash equivalents and marketable securities were $529.2M at year-end; Nuvation received a ~$60M upfront from Eisai and still eligible for additional milestone payments (e.g., ~$30M on European approval).

Second program progress: Safusidenib showed encouraging activity in low-grade IDH1 glioma (Phase II: n=27, ORR 44%, median PFS not reached; 12% progression at 24 months) and a global Phase III (SYGMA, n=300) is underway with a 2029 readout.

Pipeline choices: The company discontinued DDC candidate NUV-1511, will apply learnings to next-generation DDCs and expects preclinical pipeline updates by year-end.

Guidance & capital outlook: Management said they do not anticipate needing external financing to reach profitability based on current plans and the strengthened cash position.

Key Financials
Total revenue (Q4 2025)
$41.9 million
Total revenue (2025)
$62.9 million
IBTROZI U.S. product revenue (Q4 2025)
$15.7 million
IBTROZI U.S. product revenue (2025)
$24.7 million
New patient starts since approval through 2025
432 patients
New patient starts (Q4 2025)
216 patients
Launch prescribing rate vs prior ROS1 TKI launches
Approximately 6x faster
Median duration of response (management commentary)
15-month median DOR (mentioned by management as the figure to impact revenue over time)
Pooled analysis median DOR (August 2025 cutoff)
Reached 5 months (in pooled analysis of TKI‑naive patients referenced on the call)
ORR in TRUST pivotal studies (TKI‑naive pooled referenced)
89% confirmed ORR (referenced for pooled TKI‑naive population)
Cash, cash equivalents and marketable securities (end 2025)
$529.2 million
Available under term loan
$50 million (available until June 30, 2026)
R&D expense (Q4 2025)
$34.3 million
R&D expense (2025)
$115.1 million
SG&A expense (Q4 2025)
$40.3 million
SG&A expense (2025)
$151.6 million
Safusidenib Phase II (low‑grade IDH1 glioma, n=27) - ORR
44% confirmed ORR
Safusidenib Phase II (n=27) - median PFS
Not reached (median PFS not reached)
Safusidenib Phase II (n=27) - 24‑month progression rate
12% progression at 24 months
INDIGO / vorasidenib comparator (168 patients) - median PFS
27.7 months
INDIGO / vorasidenib (168 patients) - ORR
11% confirmed ORR
Grade 3 oligodendroglioma cohort size (non‑pivotal)
Approximately 40 patients; readout expected in 2027
Japan milestone received
$25 million
Eisai deal economics (summary)
Upfront ~$60 million; ~$30 million upon European approval; ~$140 million in sales milestones; double‑digit royalties up to the high teens
Channel inventory
Approximately 2 to 4 weeks on hand (specialty pharmacy & distribution partners)
Q4 gross‑to‑net (approx.)
Around 25% (management expects this to grow somewhat before stabilizing)
Other Earnings Calls

Management

Dr. David T. Hung M.D.
Founder, President, CEO & Chairman
No Bio Available
Dr. Gary Hattersley Ph.D.
Chief Scientific Officer
No Bio Available
Dr. David Liu M.D., Ph.D.
Chief Medical Officer
No Bio Available
Mr. Philippe Sauvage
Chief Financial Officer & Principal Financial Officer
No Bio Available
Mr. Moses Makunje CPA
VP of Finance and Principal Accounting & Financial Officer
No Bio Available
Stephen Dang
VP of Legal & Secretary
No Bio Available
Ms. Stacy Markel
Chief People Officer
No Bio Available
Ms. Kerry A. Wentworth
Chief Regulatory Officer
No Bio Available
Ms. Colleen Sjogren
Chief Commercial Officer
No Bio Available
Dr. Junyuan Wang Ph.D.
CEO & Co-Founder of AnHeart Therapeutics and Director
No Bio Available

Contacts

Address
CALIFORNIA
San Francisco
357 Tehama Street, Floor 3
Contacts
+14157543517.0
panacea.ecor1cap.com
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett