PMV Pharmaceuticals
General Information | |
Business: | We are a precision oncology company pioneering the discovery and development of small molecule, tumor-agnostic therapies targeting p53 mutations. p53 is a well-defined tumor suppressor protein known as the “guardian of the genome,” and normal, or wild-type, p53 has the ability to eliminate cancer cells. However, mutant p53 proteins can be misfolded and lose their wild-type tumor-suppressing function. These p53 mutations are found in approximately half of all cancers. The field of p53 biology was established by our co-founder, Dr. Arnold Levine, when he discovered the p53 protein in 1979. We have leveraged more than four decades of research experience and developed unique insights into p53 to create a precision oncology platform designed to generate selective, small molecule, tumor-agnostic therapies that structurally correct specific mutant p53 proteins to restore their wild-type function. We are deploying our precision oncology platform to target the top 10 most frequent, or hotspot, p53 mutations that are collectively associated with approximately 10% to 15% of all cancers. We believe that we have designed our lead product candidate, PC14586, to potently and selectively correct p53 misfolding caused by a specific p53 mutation, Y220C, while sparing wild-type p53. The Y220C mutation is associated with 1.0% to 1.5% of all cancers, including breast, non-small cell lung cancer, or NSCLC, colorectal, pancreatic and ovarian cancers. |
Industry: | Pharmaceuticals |
Employees: | 39 |
Founded: | 2013 |
Contact Information | |
Address | 8 Clarke Drive, Suite 3 Cranbury, NJ 08512 |
Phone Number | (609) 642-6670 |
Web Address | http://www.pmvpharma.com |
View Prospectus: | PMV Pharmaceuticals |
Financial Information | |
Market Cap | $655.86mil |
Revenues | $0 mil (last 12 months) |
Net Income | $-40.6 mil (last 12 months) |
IPO Profile | |
Symbol | PMVP |
Exchange | NASDAQ |
Shares (millions): | 11.8 |
Price range | $18.00 - $18.00 |
Est. $ Volume | $211.7 mil |
Manager / Joint Managers | Goldman Sachs/ BofA Securities/ Cowen and Company/ Evercore |
CO-Managers | |
Expected To Trade: | 9/25/2020 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |