Nuvation BioNUVB
About: Nuvation Bio Inc is a biopharmaceutical company tackling unmet needs in oncology by developing differentiated and novel therapeutic candidates. The company's clinical-stage product candidate is NUV-868, a BD2-selective oral small molecule BET inhibitor. NUV-868 inhibits the protein BRD4, a key member of the BET family that epigenetically regulates a number of important proteins that control tumor growth and differentiation, including oncogenes such as c-myc. Notably, BET proteins have critical biological functions and are found to be altered in many human cancers. It is also developing its proprietary, small molecule Drug-Drug Conjugate (DDC) platform, a novel therapeutic approach within the drug-conjugate class of anti-cancer therapies with parallels to Antibody-Drug Conjugates (ADCs).
Employees: 203
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
59% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 37
35% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 20
25% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 5 (+1) [Q3]
5% more funds holding
Funds holding: 147 [Q2] → 154 (+7) [Q3]
4% less capital invested
Capital invested by funds: $448M [Q2] → $430M (-$18.5M) [Q3]
5.88% less ownership
Funds ownership: 62.13% [Q2] → 56.24% (-5.88%) [Q3]
97% less call options, than puts
Call options by funds: $7K | Put options by funds: $226K
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
RBC Capital Gregory Renza 49% 1-year accuracy 34 / 69 met price target | 117%upside $6 | Outperform Maintained | 7 Nov 2024 |
Wedbush David Nierengarten 43% 1-year accuracy 23 / 53 met price target | 81%upside $5 | Outperform Reiterated | 22 Oct 2024 |
HC Wainwright & Co. Robert Burns 43% 1-year accuracy 60 / 139 met price target | 153%upside $7 | Buy Maintained | 16 Sept 2024 |
Wedbush David Nierengarten 43% 1-year accuracy 23 / 53 met price target | 81%upside $5 | Outperform Reiterated | 11 Sept 2024 |
Financial journalist opinion
Based on 4 articles about NUVB published over the past 30 days