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ArriVent BioPharma (AVBP) investor relations material
ArriVent BioPharma Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Focused on developing firmonertinib for EGFR-mutant NSCLC, with multiple ongoing clinical trials and recent positive data readouts for uncommon mutations, including PACC and exon 20 insertions; final Phase 1b results showed clinically meaningful progression-free survival and CNS complete responses, supporting advancement to pivotal Phase 3 trials.
Expanded pipeline with new ADC collaborations (Alphamab, Aarvik, Lepu), including FDA IND clearance for ARR-217, a CDH17-targeted ADC, and ongoing Phase 1 study in China and U.S. IND clearance.
Appointment of Brent S. Rice as Chief Commercial Officer, bringing over 25 years of global commercial experience.
No product revenue to date; operations funded by equity offerings and collaborations.
Cash and investments of $305.4 million as of September 30, 2025, expected to fund operations into mid-2027.
Financial highlights
Net loss of $34.98 million for Q3 2025, up from $20.56 million in Q3 2024; net loss of $130.8 million for the nine months ended September 30, 2025, compared to $59.9 million for the same period in 2024.
Research and development expenses rose to $32.17 million in Q3 2025 (from $20.09 million) and $121.2 million for the nine months (from $58.84 million), including a $40 million one-time upfront payment for ARR-217 in-licensing.
General and administrative expenses increased to $6.15 million in Q3 2025 and $17.54 million for the nine months, reflecting higher personnel and professional costs.
Cash, cash equivalents, and marketable securities totaled $305.4 million as of September 30, 2025.
Net cash used in operations was $129.9 million for the nine months ended September 30, 2025, up from $54.1 million in the prior year period.
Outlook and guidance
Cash runway expected to fund operations for at least 12 months from the reporting date and projected into mid-2027.
Enrollment of the first patient in the pivotal ALPACCA Phase 3 study for firmonertinib in EGFR PACC mutant NSCLC expected in Q4 2025.
Top-line pivotal data from the FURVENT Phase 3 trial in EGFR exon 20 insertion mutant NSCLC projected for early 2026.
Anticipates continued increases in R&D and G&A expenses as pipeline advances and headcount grows.
Additional ADC programs expected to progress toward the clinic, expanding the pipeline.
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