Drug DevelopmentNuvalent's highest profile asset is neladalkib (NVL-655), a potentially best in class ALK inhibitor.
FDA EngagementThe FDA is enthusiastic to evaluate the program given that it accepted the NDA under the Real-Time Oncology Review pilot program, which allows the agency to evaluate topline results in advance of the submission.
Financial StabilityNuvalent ended the quarter with cash and cash equivalents of approximately $1.0B, which is believed to be sufficient to fund operations for the foreseeable future.