John Houston, Arvinas CEO

Sur­prise da­ta drop by con­fer­ence puts Arv­inas in cleanup mode

The ear­ly re­lease of a study of Arv­inas’ breast can­cer drug ARV-471 has put the com­pa­ny on de­fense af­ter an aca­d­e­m­ic con­fer­ence put out the da­ta by ac­ci­dent.

On Mon­day, the San An­to­nio Breast Can­cer Sym­po­sium re­leased the full pre­sen­ta­tion for the com­pa­ny’s Phase II tri­al of the drug, which is part of a col­lab­o­ra­tion deal with Pfiz­er that could be worth as much as $2.4 bil­lion.

The study wasn’t sup­posed to be re­leased un­til Dec. 8, Arv­inas said in a press re­lease Tues­day, but the med­ical con­fer­ence “in­cor­rect­ly pub­lished the ab­stract, omit­ting a key safe­ty da­ta ta­ble, and in­ad­ver­tent­ly re­leased the cor­re­spond­ing full da­ta pre­sen­ta­tion on the SABCS web­site.”

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