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Enliven Raises $230m To Fund Scemblix Leukemia Challenger

 
• By Andrew McConaghie

The company believes its drug could eventually displace Novartis’s Scemblix in first-line chronic myeloid leukemia treatment, but for now is preparing for a second-/third-line pivotal study.

This year's EHA congress was held at the Allianz MiCo convention center in Milan, Italy.

Enliven Therapeutics believes its candidate ELVN-001 could become a second-line therapy in chronic myeloid leukemia (CML) and eventually challenge Novartis’s Scemblix in first-line use, and has just raised $230m to fund its development.

The share offer fundraising on June 16 followed strong Phase I results for ELVN-001 presented at the European Hematology Association...

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