ArriVent Biopharma, Inc. executed one of the first initial public offerings by a biopharmaceutical company in the US this year, primarily to fund its lead drug candidate firmonertinib, an EGFR tyrosine kinase inhibitor (TKI) in Phase III as a first-line monotherapy for non-small cell lung cancer (NSCLC) with EGFR exon 20 insertion mutations. Now, the company has reported Phase Ib results in NSCLC patients with hard-to-treat PACC mutations, a larger patient population.
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