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Elevation Oncology, Inc.

0.3781

-0.0079-2.05%

Post-market: 0.3752-0.0029-0.77%17:37 EDT

Volume:1.65M

Turnover:611.02K

Market Cap:22.39M

PE:-0.49

High:0.3925

Open:0.3900

Low:0.3457

Close:0.3860

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Overview Company News Filings

Elevation Oncology Inc : Wedbush Cuts to Neutral From Outperform; Cuts Target Price to $1.60 From $5

THOMSON REUTERS

Strategic Shift and Promising Developments Drive Buy Rating for Elevation Oncology

BUZZ-U.S. STOCKS ON THE MOVE-KKR, Micron Technology, Eli Lilly

Elevation Oncology Shares Down 45% After Co Halts Development of Cancer Drug

THOMSON REUTERS

Sector Update: Health Care Stocks Decline Pre-Bell Thursday

MT Newswires Live

BUZZ-Elevation Oncology tumbles after halting development of cancer drug

Elevation Oncology Drops Potential Metastatic Cancer Drug, Evaluates Strategic Options; Shares Fall Pre-Bell

MT Newswires Live

Elevation Oncology Restructures Amid EO-3021 Discontinuation

Elevation Oncology Shares Halt on Lay Offs, Discontinued Drug Candidate

Elevation Oncology: as Part of Reduction, Chief Medical Officer, Valerie Malyvanh Jansento Step Down

THOMSON REUTERS

Elevation Oncology Inc - to Reduce Workforce by 70%

THOMSON REUTERS

Elevation Oncology to Discontinue Development of Eo-3021; Advancing Eo-1022, While Evaluating Strategic Options

THOMSON REUTERS

Elevation Oncology Inc - Continuing to Advance Potentially Differentiated Her3 ADC, Eo-1022

THOMSON REUTERS

Elevation Oncology to Discontinue Development of EO-3021; Advancing EO-1022, While Evaluating Strategic Options

Elevation Oncology Shares Halted for News Pending Premarket

THOMSON REUTERS

Elevation Oncology Price Target Maintained With a $7.00/Share by Citizens Capital Markets

Elevation Oncology Price Target Maintained With a $6.00/Share by HC Wainwright & Co.

Elevation Oncology’s Future in Jeopardy: Financing Challenges Threaten Product Development

Elevation Oncology Reports 2024 Financial Results and Progress

Strategic Advancements and Financial Stability Drive Buy Rating for Elevation Oncology

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Oncology Shares Down 45% After Co Halts Development of Cancer Drug","url":"https://stock-news.laohu8.com/highlight/detail?id=2520746454","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520746454?lang=en_us&edition=fundamental","pubTime":"2025-03-20 21:33","pubTimestamp":1742477604,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250320:nFWN3Q30KR:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["ELEV","BK4539","BK4139"],"gpt_icon":0},{"id":"2520451255","title":"Sector Update: Health Care Stocks Decline Pre-Bell Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=2520451255","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520451255?lang=en_us&edition=fundamental","pubTime":"2025-03-20 21:13","pubTimestamp":1742476436,"startTime":"0","endTime":"0","summary":"Health care stocks leaned lower premarket Thursday as the Health Care Select Sector SPDR Fund  fell by 0.2% and the iShares Biotechnology ETF  was down 0.1% recently.ARS Pharmaceuticals  shares advanced by over 4% after the company reported that it swung to 2024 earnings as revenue surged during the year.Elevation Oncology  shares were almost 36% lower after the company said it is dropping the development of EO-3021, an antibody-drug conjugate for the potential treatment of advanced, unresectable, or metastatic gastric and gastroesophageal junction cancers.OptiNose  shares were up more than 58% after the company overnight said it agreed to be acquired by Paratek Pharmaceuticals in a deal valued at up to $330 million.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["ELEV","OPTN","IBB","SPRY","XLV","BK4581","BK4139","BK4585","BK4539","BK4007","BK4588"],"gpt_icon":0},{"id":"2520451829","title":"BUZZ-Elevation Oncology tumbles after halting development of cancer drug","url":"https://stock-news.laohu8.com/highlight/detail?id=2520451829","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520451829?lang=en_us&edition=fundamental","pubTime":"2025-03-20 21:03","pubTimestamp":1742475783,"startTime":"0","endTime":"0","summary":"BUZZ-Elevation Oncology tumbles after halting development of cancer drug** Shares of drug developer Elevation Oncology ELEV.O fall nearly 30% to 33 cents premarket** Co says it is discontinuing development of its cancer drug, EO-3021, an antibody conjugate that is designed to attack cancer cells while sparing healthy ones** ELEV says decision was based on early-stage trial data that showed the drug was not effective enough, with only 22.2% of patients responding to treatment** Co also says it is reducing its workforce by about 70%** As December 31, co had 34 full-time employees, according to SEC filing** Co has $93.2 million in cash, as of December 31, enough to fund operations until H2 2026** ELEV says it will continue developing its other cancer drug, EO-1022, which targets HER3, a type of protein found on cancer cells and uses specific delivery method to attack them** ELEV fell 89%% in last 12 months  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250320:nL4N3Q30X3:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4539","ELEV","BK4139"],"gpt_icon":0},{"id":"2520456980","title":"Elevation Oncology Drops Potential Metastatic Cancer Drug, Evaluates Strategic Options; Shares Fall Pre-Bell","url":"https://stock-news.laohu8.com/highlight/detail?id=2520456980","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520456980?lang=en_us&edition=fundamental","pubTime":"2025-03-20 20:36","pubTimestamp":1742474209,"startTime":"0","endTime":"0","summary":"Elevation Oncology  said Thursday it is dropping its development of EO-3021, an antibody-drug conjugate for the potential treatment of advanced, unresectable, or metastatic gastric and gastroesophageal junction cancers.The decision to discontinue clinical development of EO-3021 was based on data from the dose escalation and expansion stages of a phase 1 trial which \"deeply disappointed\" the company, said Joseph Ferra, president and chief executive officer.The company said it will continue to advance EO-1022, a potential treatment for patients with HER3-expressing solid breast cancer tumors while beginning a process to evaluate strategic options to maximize shareholder value.Shares of the company fell more than 24% in recent premarket activity.Price: 0.3489, Change: -0.122, Percent Change: -24.69","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["ELEV","BK4139","BK4539"],"gpt_icon":0},{"id":"2520645648","title":"Elevation Oncology Restructures Amid EO-3021 Discontinuation","url":"https://stock-news.laohu8.com/highlight/detail?id=2520645648","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520645648?lang=en_us&edition=fundamental","pubTime":"2025-03-20 20:33","pubTimestamp":1742474015,"startTime":"0","endTime":"0","summary":"Elevation Oncology ( ($ELEV) ) has shared an announcement. On March 20, 2025, Elevation Oncology announced the discontinuation of its EO-3021 devel...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/elevation-oncology-restructures-amid-eo-3021-discontinuation?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/elevation-oncology-restructures-amid-eo-3021-discontinuation?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4539","BK4139","ELEV"],"gpt_icon":0},{"id":"2520455080","title":"Elevation Oncology Shares Halt on Lay Offs, Discontinued Drug Candidate","url":"https://stock-news.laohu8.com/highlight/detail?id=2520455080","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520455080?lang=en_us&edition=fundamental","pubTime":"2025-03-20 20:25","pubTimestamp":1742473500,"startTime":"0","endTime":"0","summary":"Elevation Oncology shares halted from trading in premarket trading Thursday after it said it will launch strategic options process and lay off the majority of its staff to extend its cash runway.Shares halted at 48 cents in premarket trading. Shares are down about 15% year-to-date and 89% over the past 52 weeks.The oncology company said that it has elected to discontinue its EO-3021 drug candidate, an antibody-drug conjugate being developed to treat advanced forms of gastric and gastroesophageal junction cancers.The decision was made after the drug showed low response rate in its first trial phase.Elevation also said that it will slash about 70% of its workforce, which is expected to cost the company about $3 million, and that it will launch a process to evaluate strategic options to maximize shareholder value.The company still has a drug in the development pipeline, and said it will continue to advance EO-1022 to treatment patients with certain type of solid tumors.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","BK4539","ELEV"],"gpt_icon":0},{"id":"2520453438","title":"Elevation Oncology: as Part of Reduction, Chief Medical Officer, Valerie Malyvanh Jansento Step Down","url":"https://stock-news.laohu8.com/highlight/detail?id=2520453438","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520453438?lang=en_us&edition=fundamental","pubTime":"2025-03-20 20:00","pubTimestamp":1742472015,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250320:nTUAYBBMR:5","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["ELEV","BK4539","BK4139"],"gpt_icon":0},{"id":"2520453158","title":"Elevation Oncology Inc - to Reduce Workforce by 70%","url":"https://stock-news.laohu8.com/highlight/detail?id=2520453158","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520453158?lang=en_us&edition=fundamental","pubTime":"2025-03-20 20:00","pubTimestamp":1742472015,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250320:nTUAYBBMR:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["ELEV","BK4539","BK4139"],"gpt_icon":0},{"id":"2520453136","title":"Elevation Oncology to Discontinue Development of Eo-3021; 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Advancing EO-1022, While Evaluating Strategic Options","url":"https://stock-news.laohu8.com/highlight/detail?id=2520557704","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520557704?lang=en_us&edition=fundamental","pubTime":"2025-03-20 20:00","pubTimestamp":1742472000,"startTime":"0","endTime":"0","summary":"-- Continuing to advance potentially differentiated HER3 ADC, EO-1022, which utilizes an MMAE payload and glycan site-specific conjugation ---- Plan to present preclinical data for EO-1022 at AACR Annual Meeting 2025 and to file an Investigational New Drug  application in 2026 ---- Updated clinical data of Claudin 18.2 ADC EO-3021 demonstrate ORR of 22.2% in biomarker-enriched patient population; electing to discontinue further development of EO-3021 ---- Implementing workforce reduction of approximately 70%; cash runway extended into 2H 2026 --. 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