Latest Current Report
Filed: 2026-05-01
Key Insights
- FDA approval of VEPPANU (vepdegestrant) granted ahead of the June 5, 2026 PDUFA date, marking the first-and-only FDA-approved PROTAC protein degrader for ER+/HER2-/ESR1-mutated advanced or metastatic breast cancer, representing a significant clinical validation of Arvinas' platform technology.
- Company will receive a $50 million FDA approval milestone payment from Pfizer under their July 2021 collaboration agreement, though this will be partially offset by payments owed to Yale University under their June 2024 amended license agreement.
- Commercialization pathway remains on track with Arvinas and Pfizer expected to announce selection of a third-party commercialization partner, indicating active progress toward market launch and revenue generation.