Full-Time
Clinical-stage biopharma developing PROTAC degraders
No salary listed
New Haven, CT, USA
Hybrid
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Arvinas develops PROTAC-based protein degraders in clinical-stage biopharmaceutical programs aimed at diseases driven by harmful proteins, including cancer and neurodegenerative disorders. Its PROTAC platform works by linking a disease-causing protein to an E3 ligase, tagging the target for degradation by the cell’s proteasome rather than merely inhibiting it. Revenue comes from partnerships, collaborations, and licensing deals with other pharma companies, as well as the potential commercialization of its drug candidates. The company’s goal is to improve patient outcomes by delivering targeted, mechanism-based therapies and advancing its drug candidates through discovery, development, and potential commercialization.
Company Size
201-500
Company Stage
IPO
Headquarters
New Haven, Connecticut
Founded
2013
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Arvinas, a neurology-focused biotech, has seen its fair value estimate revised slightly to $14.88 per share, reflecting updated analyst views following its Q4 report. Analyst price targets now range from $11 to $20, with the company positioned for pivotal 2026 catalysts. Bullish analysts including Citi ($18 target) and Evercore ISI ($19) highlight upcoming data readouts across multiple programmes. Piper Sandler raised its target to $20, citing year-end cash of $685.4 million, sufficient to fund operations into late 2028. However, Wedbush maintains a cautious $11 target, awaiting more Phase 1 clinical data. Arvinas reported Phase 1 results for ARV-102 in Parkinson's disease showing 50% or greater LRRK2 reduction with a well-tolerated safety profile. The company plans a Phase 1b trial in progressive supranuclear palsy starting Q2 2026.
Biopharma catalysts signal high-profile approval decisions and rising competitionbiopharma catalysts signal high-profile approval decisions and rising competition. 2 April 2026 An unclear outlook for Replimune's (Nasdaq: REPL) biologics license application (BLA) resubmission outlook for vusolimogene oderparepvec in advanced melanoma and debated clinical positioning for Arvinas' (Nasdaq: ARVN) vepdegestrant and Boehringer Ingelheim's survodutide underscore intensifying competition across breast cancer and obesity therapeutics among other major catalysts are expected in second quarter 2026, according to GlobalData, an intelligence and productivity platform. This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here. Try before you buy Free. 7 day trial access * All the news that moves the needle in pharma and biotech * Exclusive features, podcasts, interviews, data analyses and commentary from its global network of life sciences reporters. * Receive The Pharma Letter daily news bulletin, free forever. Become a subscriber £820. Or £77 per month * Unfettered access to industry-leading news, commentary and analysis in pharma and biotech. * Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results. * Daily roundup of key events in pharma and biotech. * Monthly in-depth briefings on Boardroom appointments and M&A news. * Choose from a cost-effective annual package or a flexible monthly subscription The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It's part of the key information for keeping me informed Chairman, Sanofi Aventis UK More on this story... 13 March 2026 30 March 2026 Company news directory. Companies featured in this story. Sign up to receive email updates Join industry leaders for a daily roundup of biotech & pharma news Today's issue. 2 April 2026 Company spotlight. A clinical-stage biotechnology company developing atacicept and other targeted therapies for serious immunological and kidney diseases with high unmet medical need. More features in pharmaceutical. 2 April 2026
Arvinas, a clinical-stage biopharmaceutical company, reported progress across its oncology and neurology pipeline in its fourth-quarter and full-year 2024 results announced on 24 February. The company submitted its first new drug application and is running four clinical trials, including a recently initiated Phase 1 trial of ARV-027 for neurodegenerative disorders. Full-year 2025 revenue reached $262.6 million, down slightly from $263.4 million the previous year. Fourth-quarter revenue fell to $9.5 million from $59.2 million year-on-year, primarily due to lower revenue from its Novartis licensing agreement. Arvinas uses its proprietary PROTAC platform to develop therapies that degrade disease-causing proteins, targeting cancers and neurodegenerative disorders. The company presented topline results for ARV-806 and continues dose escalation trials for ARV-393 in non-Hodgkin's lymphoma patients.
New Haven-based biotech Arvinas names new CEO. February 12, 2026 New Haven-based Arvinas Inc. on Thursday named longtime executive Randy Teel as its new president and chief executive officer, succeeding John Houston, who is retiring after nearly a decade leading the biotechnology company. Teel, 49, previously served as Arvinas' chief business officer. He will also join the company's board of directors. The appointment is effective immediately. Houston, who has led Arvinas since 2017, had announced last July he planned to step down. He will remain on the board and serve as a consultant to the company. Briggs Morrison, a physician and board member, has been elected board chair. Arvinas, headquartered at 5 Science Park in New Haven, is a clinical-stage biotechnology company working on treatments for breast and prostate cancers. The leadership transition follows a volatile stretch for Arvinas, which has reduced staff and recalibrated its development strategy alongside partner Pfizer Inc. In September, Arvinas said it and Pfizer would seek a third-party partner to commercialize vepdegestrant, their jointly developed breast cancer drug candidate currently under review by the U.S. Food and Drug Administration. At the time, the company also disclosed plans to cut about 15% of its workforce and authorized a $100 million stock repurchase program amid pressure from activist investor Logos Global Management, which had urged expense reductions and a sharper research focus. Those actions followed deeper cuts earlier in the year. In May, Arvinas announced plans to lay off 131 employees, roughly one-third of its workforce, after discontinuing two phase 3 trials with Pfizer tied to vepdegestrant. Arvinas' partnership with Pfizer, announced in 2021 and valued at up to $2.4 billion, marked a pivotal moment for the company, providing significant capital and external validation of its technology platform. Morrison said the board selected Teel following a comprehensive search, citing his role in refining Arvinas' strategic priorities and his familiarity with the company's science and operations. Teel joined Arvinas in 2018 and played a key role in its initial public offering. As chief business officer, he oversaw corporate strategy, business development and investor relations, and also held senior roles in finance, including a period as interim chief financial officer. Before Arvinas, Teel held leadership roles at Alexion Pharmaceuticals and worked as an associate partner at McKinsey & Co., advising biopharmaceutical clients. He holds a doctorate in immunobiology from Yale University. Teel said he is assuming the CEO role at a pivotal time for the company, pointing to recent clinical progress and upcoming development milestones. During Houston's tenure, Arvinas completed its IPO, raised more than $2 billion through financings and partnerships, and advanced multiple drug candidates into clinical testing.
Find out how Arvinas' ARV-102 delivered strong Phase 1 LRRK2 knockdown and brain exposure at MDS 2025 - and what it could mean for Parkinson's trials next.