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On November 19, 2024, Arvinas disclosed in a filing with the U.S. Securities and Exchange Commission that Arvinas and its partner, Pfizer, Inc., decided to postpone the projected completion date for their jointly conducted Phase 3 trial for the breast cancer therapy vepdegestrant “from November 2024 to January 2025, with top-line data anticipated in the first quarter of 2025.”
Following this news, Arvinas’s stock price fell during intraday trading on the same day.