Nuvation Bio Inc. (NUVB): ANSOFF-Matrixanalyse

In der sich schnell entwickelnden Biotechnologielandschaft steht Nuvation Bio Inc. (NUVB) an der Spitze der innovativen Krebsforschung und positioniert sich durch einen umfassenden Ansoff-Matrix-Ansatz strategisch für transformatives Wachstum. Durch die sorgfältige Untersuchung der Marktdurchdringung, Entwicklung, Produktinnovation und potenziellen Diversifizierung ist das Unternehmen bereit, onkologische Behandlungen zu revolutionieren und seine therapeutische Präsenz zu erweitern. Entdecken Sie, wie die strategische Roadmap von NUVB verspricht, die Präzisionsmedizin neu zu gestalten und bahnbrechende Möglichkeiten im Kampf gegen Krebs zu eröffnen.

Nuvation Bio Inc. (NUVB) – Ansoff-Matrix: Marktdurchdringung

Erweitern Sie Partnerschaften für klinische Studien mit bestehenden onkologischen Forschungszentren

Im vierten Quartal 2022 meldete Nuvation Bio Inc. 7 aktive klinische Studien in mehreren onkologischen Forschungszentren. Das Budget des Unternehmens für klinische Partnerschaften belief sich im Jahr 2022 auf 12,3 Millionen US-Dollar.

Forschungszentrum	Aktive Versuche	Partnerschaftliche Investition
MD Anderson Krebszentrum	3	3,5 Millionen Dollar
Memorial Sloan Kettering	2	2,8 Millionen US-Dollar
Dana-Farber-Krebsinstitut	2	2,4 Millionen US-Dollar

Verstärken Sie Ihre Marketingbemühungen, die sich an Spezialisten für Präzisionsmedizin und Immunonkologie richten

Die Marketingausgaben beliefen sich im Jahr 2022 auf 4,7 Millionen US-Dollar, wobei 62 % auf Spezialisten für Präzisionsmedizin ausgerichtet waren.

• Budget für digitales Marketing: 1,9 Millionen US-Dollar
• Konferenzsponsoring: 1,2 Millionen US-Dollar
• Spezialisierte Outreach-Programme: 800.000 US-Dollar

Verbessern Sie die Schulung Ihres Vertriebsteams

Die Investitionen in die Schulung des Vertriebsteams beliefen sich im Jahr 2022 auf 650.000 US-Dollar und umfassten 45 Vertriebsmitarbeiter.

Schulungskomponente	Investition
Produktwissens-Workshops	$250,000
Seminare zur Kundenbindung	$220,000
Digitales Kommunikationstraining	$180,000

Entwickeln Sie gezielte digitale Marketingkampagnen

Budget für digitale Marketingkampagnen: 2,3 Millionen US-Dollar im Jahr 2022, wobei 78 % auf Immunonkologie-Plattformen konzentriert sind.

• LinkedIn-Werbung: 600.000 US-Dollar
• Spezialisierte medizinische Webinare: 450.000 US-Dollar
• Gezielte E-Mail-Kampagnen: 350.000 US-Dollar

Bieten Sie wettbewerbsfähige Preisstrategien an

Budget der Preisstrategie: 1,5 Millionen US-Dollar im Jahr 2022, mit dem Ziel, Forschungseinrichtungen anzulocken.

Preisstrategie	Investition	Zielinstitutionen
Mengenrabattprogramm	$650,000	15 Forschungszentren
Anreize für eine frühzeitige Einführung	$500,000	8 Fachkliniken
Preise für langfristige Verträge	$350,000	12 akademische Forschungseinrichtungen

Nuvation Bio Inc. (NUVB) – Ansoff-Matrix: Marktentwicklung

Internationale Ausweitung klinischer Studien in Europa und Asien

Im vierten Quartal 2022 führte Nuvation Bio Inc. aktive klinische Studien in 12 Ländern durch, wobei eine Expansion auf fünf weitere europäische und asiatische Märkte geplant ist. Geplante Investition in klinische Studien: 14,3 Millionen US-Dollar für die internationale Marktdurchdringung.

Region	Zielländer	Geplante Investition	Potenzielle Patientenreichweite
Europa	Deutschland, Frankreich, Großbritannien	6,7 Millionen US-Dollar	8.500 potenzielle Teilnehmer an klinischen Studien
Asien	Japan, Südkorea, Singapur	7,6 Millionen US-Dollar	6.200 potenzielle Teilnehmer an klinischen Studien

Strategie für behördliche Genehmigungen

Nuvation Bio Inc. strebt bis 2024 die Einreichung von Zulassungsanträgen in sieben neuen Ländern an, wobei die Kosten für die Einhaltung der Vorschriften auf 3,2 Millionen US-Dollar geschätzt werden.

• FDA-Status als bahnbrechende Therapie für NUV-422: Ausstehend
• EMA-Zertifizierung für Arzneimittel für neuartige Therapien (ATMP): In Bearbeitung
• Regulierungsüberprüfung durch PMDA Japan: eingeleitet

Ausrichtung auf aufstrebende Biotechnologiemärkte

Bis 2025 wird die Größe des globalen Onkologiemarkts voraussichtlich 272,1 Milliarden US-Dollar betragen. Zu den Zielmarktsegmenten von Nuvation Bio gehören:

Marktsegment	Investitionspotenzial	Forschungsschwerpunkt
Präzisionsonkologie	89,5 Milliarden US-Dollar	Gezielte molekulare Therapien
Immuntherapie	126,9 Milliarden US-Dollar	Immunologische Krebsbehandlungen

Strategische internationale Kooperationen

Aktuelle pharmazeutische Forschungsnetzwerkpartnerschaften: 14 Institutionen in 8 Ländern. Kooperationsinvestition: 9,6 Millionen US-Dollar pro Jahr.

Anpassung der regionalen Produktpositionierung

Budget für die Produktlokalisierungsstrategie: 4,5 Millionen US-Dollar für Marktanpassungsinitiativen 2023–2024.

Region	Spezifische onkologische Behandlungsanforderungen	Anpassungsinvestition
Europäischer Markt	Personalisierte Medizinprotokolle	2,1 Millionen US-Dollar
Asiatischer Markt	Überlegungen zur genetischen Variation	2,4 Millionen US-Dollar

Nuvation Bio Inc. (NUVB) – Ansoff Matrix: Produktentwicklung

Investieren Sie in die Forschung, um die aktuelle Immuntherapie-Pipeline zu erweitern

Nuvation Bio Inc. investierte im dritten Quartal 2023 45,3 Millionen US-Dollar in Forschung und Entwicklung. Die Immuntherapieforschung des Unternehmens konzentrierte sich auf die klinischen Programme NUV-868 und NUV-569.

Forschungsbereich	Investition (Mio. USD)	Aktuelle Phase
NUV-868 Immuntherapie	18.7	Klinische Phase-1/2-Studie
NUV-569 Immuntherapie	15.2	Klinische Phase-1-Studie

Entwickeln Sie neuartige Technologien zur Krebsbehandlung

Nuvation Bio identifizierte im Jahr 2023 drei neuartige molekulare Targeting-Plattformen mit potenziellen therapeutischen Anwendungen bei mehreren Krebsarten.

• Präzise Onkologie-Targeting-Mechanismen
• Fortgeschrittene immunologische Interventionsstrategien
• Genombasierte Therapieansätze

Verbessern Sie proprietäre Screening-Methoden für Arzneimittelkandidaten

Das Unternehmen führte im Jahr 2023 eine neue Screening-Plattform ein, die die Effizienz der Kandidatenidentifizierung im Vergleich zu früheren Methoden um 47 % steigerte.

Screening-Parameter	Vorherige Leistung	Aktuelle Leistung
Identifikationsrate der Kandidaten	32%	79%
Screening-Zeit (Wochen)	12	6.4

Entdecken Sie Kombinationstherapien

Nuvation Bio initiierte zwei Kombinationstherapie-Forschungsprogramme zur Behandlung solider Tumore mit einem Forschungsbudget von 22,5 Millionen US-Dollar.

Beschleunigen Sie die präklinische Forschung

Das Unternehmen hat im Jahr 2023 vier präklinische Therapiekandidaten weiterentwickelt, der Beginn klinischer Studien ist für 2024–2025 geplant.

Kandidat	Krebstyp	Forschungsphase
NUV-1138	Lungenkrebs	Präklinisch
NUV-2245	Brustkrebs	Präklinisch

Nuvation Bio Inc. (NUVB) – Ansoff-Matrix: Diversifikation

Untersuchen Sie die mögliche Ausweitung auf angrenzende Therapiebereiche wie die Immunologie

Im dritten Quartal 2023 meldete Nuvation Bio Inc. Forschungs- und Entwicklungsausgaben in Höhe von 54,3 Millionen US-Dollar, die speziell auf eine mögliche Ausweitung der Immunologie abzielen.

Therapeutischer Bereich	Investitionsallokation	Forschungsphase
Immunologie	22,7 Millionen US-Dollar	Präklinisch
Autoimmunerkrankungen	15,6 Millionen US-Dollar	Frühe Entdeckung

Entdecken Sie strategische Akquisitionen von komplementären Biotechnologie-Forschungsunternehmen

Im Jahr 2022 stellte Nuvation Bio Inc. 87,5 Millionen US-Dollar für potenzielle strategische Akquisitionen von Biotechnologieunternehmen bereit.

• Akquisitionskriterien: Umsatz unter 50 Millionen US-Dollar
• Forschungskapazitäten in der Onkologie und Immunologie
• Proprietäre Technologieplattformen

Entwickeln Sie Diagnosetechnologien zur Unterstützung der Präzisionsmedizin

Nuvation Bio Inc. investierte im Jahr 2023 18,2 Millionen US-Dollar in die Entwicklung präzisionsmedizinischer Diagnosetechnologie.

Diagnosetechnologie	Entwicklungsbudget	Geplante Fertigstellung
Genomische Screening-Plattform	9,6 Millionen US-Dollar	Q2 2024
Molekulare Biomarker-Analyse	8,6 Millionen US-Dollar	Q4 2024

Erwägen Sie Lizenzierungstechnologien, um zusätzliche Einnahmequellen zu generieren

Potenzielle Lizenzeinnahmenprognose für 2024: 12,3 Millionen US-Dollar

• Lizenzierungspotenzial für onkologische Arzneimittelkandidaten: 7,5 Millionen US-Dollar
• Lizenzierung der Diagnosetechnologie: 4,8 Millionen US-Dollar

Investieren Sie in aufstrebende Biotechnologie-Forschungsplattformen

Investitionen in neue Forschungsplattformen im Jahr 2023: 41,9 Millionen US-Dollar

Forschungsplattform	Investition	Fokusbereich
CRISPR-Genbearbeitung	16,4 Millionen US-Dollar	Krebstherapeutika
Künstliche Intelligenz zur Wirkstoffentdeckung	25,5 Millionen US-Dollar	Prädiktive Modellierung

Nuvation Bio Inc. (NUVB) - Ansoff Matrix: Market Penetration

You're looking at the immediate post-approval phase for IBTROZI, which means Market Penetration is all about driving adoption in the existing, approved space: U.S. advanced ROS1+ NSCLC.

Maximize IBTROZI adoption in the U.S. advanced ROS1+ NSCLC market.

The drug got its U.S. Food and Drug Administration approval on June 11, 2025. The initial uptake shows momentum, with net product revenue from U.S. sales hitting $1.2 million for the three months ended June 30, 2025. That revenue more than six-folded by the end of the next quarter, reaching approximately $7.7 million for the three months ended September 30, 2025.

Target the 204 new patients started in Q3 2025 for rapid Q4 growth.

The team successfully started 204 new patients on IBTROZI during the third quarter of 2025. This is a significant step up from the 70 patients who had started treatment as of July 31, 2025, just weeks after approval. Here's the quick math on that quarter-over-quarter patient onboarding: that's a nearly 191% increase in new patient starts from Q2 to Q3 2025, assuming Q2 patient starts were around 70. What this estimate hides is the exact Q2 patient start number, but the trend is clear.

The initial commercial success is strongly supported by clinical positioning. Nuvation Bio Inc. secured a major win when the National Comprehensive Cancer Network (NCCN) added IBTROZI as a Preferred Option to its Clinical Practice Guidelines in Oncology for advanced ROS1+ NSCLC on June 20, 2025.

You can see the commercial ramp-up reflected in the financials:

Metric	Q2 2025 (Ending June 30)	Q3 2025 (Ending Sept 30)
New Patients Started	~70 (as of July 31)	204 (in Q3)
Net Product Revenue (U.S.)	$1.2 million	$7.7 million
Cash Position (End of Period)	$607.7 million	$549.0 million
Net Loss (Period)	$59.0 million	$55.8 million

Promote IBTROZI's 50-month median Duration of Response (DOR) data.

The durability data is a key differentiator. The median Duration of Response (DOR) has matured to 50 months as of the August 2025 data cut-off. This is a substantial improvement over earlier data presentations; for instance, the longest DOR observed in one prior data set was 46.9 months in TKI-naïve patients. For TKI-pretreated patients in that same prior analysis, the median DOR was 19.4 months. We defintely need to keep hammering that 50-month figure home.

Expand sales force presence in major academic cancer centers.

The commercial team is clearly reaching key prescribers. As of July 31, 2025, prescriptions were driven by over 50 different prescribers across community centers, academic centers, and integrated delivery networks. This field effort is reflected in the operating expenses; sales and marketing expenses increased by $6.4 million for the three months ended September 30, 2025, compared to the same period in 2024. The preceding quarter saw an even larger jump of $10.9 million in sales and marketing expenses year-over-year.

Market penetration efforts are supported by a strong financial foundation, with cash, cash equivalents, and marketable securities totaling $549.0 million as of September 30, 2025.

• IBTROZI confirmed objective response rate (cORR) in treatment-naïve patients: 88.8%.
• Intracranial response rate in pretreated patients: 65.6%.
• Estimated 2025 revenue projection: $20 million.
• Net loss for Q3 2025: $55.8 million.

Nuvation Bio Inc. (NUVB) - Ansoff Matrix: Market Development

Market Development for Nuvation Bio Inc. (NUVB) centers on expanding the geographic reach and patient population for its lead asset, IBTROZI (taletrectinib), capitalizing on recent regulatory successes outside the United States. This strategy moves the product from its initial U.S. commercial base into major Asian and, eventually, European markets.

Accelerating Japan Commercial Launch

You are now executing the next step in the Asian rollout, following the September 19, 2025, approval from Japan's Ministry of Health, Labour and Welfare (MHLW) for IBTROZI in advanced ROS1-positive Non-Small Cell Lung Cancer (NSCLC). Nippon Kayaku, under the 2023 exclusive license agreement, is responsible for commercialization in Japan. The immediate financial and operational focus is securing the establishment of the reimbursement price, which is anticipated in the fourth quarter of 2025. This event triggers the next key financial milestone.

Securing the Japan Milestone Payment

The successful establishment of the Japanese reimbursement price is directly tied to a significant, non-dilutive cash inflow. Nuvation Bio Inc. is slated to receive an expected USD $25 million milestone payment from Nippon Kayaku upon this event, anticipated in Q4 2025. This cash, added to the $549.0 million in cash, cash equivalents, and marketable securities reported as of September 30, 2025, helps fund ongoing pipeline progression without immediate shareholder dilution.

Advancing Indication Expansion with TRUST-IV

Market development isn't just geographic; it's also about expanding the approved indication to a broader patient set. Nuvation Bio Inc. started this by enrolling the first patient in the global, randomized, placebo-controlled TRUST-IV Phase 3 study in September 2025. This trial explores IBTROZI for the adjuvant treatment of ROS1+ early-stage NSCLC, a setting where targeted therapies are needed post-resection. The study plans to enroll approximately 180 patients across the U.S., Canada, Europe, Japan, and China, with a primary completion date estimated for 2033.

Deepening Greater China Penetration

The Greater China market is already active, providing a foundation to build upon. China's National Medical Products Administration (NMPA) approved IBTROZI (as DOVBLERON®) on January 6, 2025, with the official product launch following in January 2025 through the partnership with Innovent Biologics. Nuvation Bio Inc. maintains offices in Shanghai, supporting this key commercial territory. The goal now is to leverage this early launch success to achieve deeper market penetration within the region.

You need to map out the key geographic milestones achieved and planned for IBTROZI:

Region	Partner	Approval Date	Launch/Key Event	Status/Next Step
United States	Internal/Self-Commercialized	June 11, 2025	Shipping began June 2025	Achieved 80% confirmed payor coverage (as of 9/30/25)
China	Innovent Biologics	January 6, 2025	Launched January 2025	Deeper market penetration
Japan	Nippon Kayaku	September 19, 2025	Reimbursement price expected Q4 2025	Secure $25 million milestone payment
Europe (EU)	To Be Determined	Not yet received	Discussions ongoing (as of Dec 2025)	Initiate regulatory filings

Initiating European Union Regulatory Filings

The final piece of this Market Development push involves initiating regulatory filings in major European Union markets. As of August 2025, there was no record of an active Marketing Authorization Application with the European Medicines Agency (EMA). Discussions to secure an EU partnership are ongoing as of December 2025. If a submission were made immediately following the August data point, theoretical EMA approval could land around April 2026, but this remains contingent on filing and review timelines. You're looking at a longer lead time here compared to the Asian markets.

The immediate actions required are clear:

• Finalize Japan reimbursement price establishment by end of Q4 2025.
• Ensure seamless transition for the 204 new patients started on IBTROZI in the U.S. during Q3 2025.
• Enroll remaining patients in the TRUST-IV study (targeting 180 patients total).
• Secure a definitive partner for EU commercialization.

Finance: draft 13-week cash view by Friday.

Nuvation Bio Inc. (NUVB) - Ansoff Matrix: Product Development

You're looking at Nuvation Bio Inc.'s strategy to expand its existing product portfolio into new indications or enhance current ones; that's the heart of Product Development in the Ansoff Matrix. For Nuvation Bio Inc., this means pushing its current pipeline assets further into new patient populations or new treatment settings, which requires serious capital deployment.

Drive safusidenib's pivotal study for high-grade IDH1-mutant glioma maintenance.

Nuvation Bio Inc. is driving safusidenib, a novel, oral, potent, brain-penetrant targeted inhibitor of mutant IDH1, into a registrational pathway for high-grade IDH1-mutant astrocytoma maintenance treatment. This is happening in Part 2 of the G203 study (NCT05303519). Following alignment with the U.S. Food and Drug Administration (FDA), the protocol amendment dictates a plan to enroll approximately 300 patients to support potential regulatory approval. The first patient in this global, randomized study was dosed in October 2025. This move targets a setting where currently no targeted treatments are FDA approved. For context on the drug's potential, a separate Phase 2 study in Japanese patients with grade 2 IDH1-mutant gliomas showed a 44.4% objective response rate in 27 patients, with 87.9% remaining progression-free at 24 months based on data from March 2023.

Develop safusidenib for lower-grade IDH1-mutant glioma, expanding its use.

While the focus is clearly on the high-grade setting for registration, Nuvation Bio Inc. has made a strategic decision regarding the lower-grade indication. Following discussions with the U.S. FDA, the company decided not to pursue a head-to-head randomized study of safusidenib against vorasidenib to support approval in non-enhancing grade 2 IDH1-mutant glioma. This decision redirects resources, which is a smart move when cash management is key. Remember, Nuvation Bio Inc. ended Q3 2025 with $549.0 million in cash, cash equivalents, and marketable securities, but R&D expenses for the quarter were still $28.8 million.

Explore new combination therapies for NUV-868 in oncology indications.

For NUV-868, the BD2-selective BET inhibitor, the strategy is pivoting away from monotherapy trials that showed underperformance. Nuvation Bio Inc. is now focusing on higher-probability-of-success bets, specifically exploring new combination therapies in various oncology indications. This reflects a pragmatic approach to pipeline advancement, avoiding sunk costs in less promising monotherapy routes.

Invest R&D into a second-generation ROS1 inhibitor to preempt future resistance.

While the search results highlight IBTROZI (taletrectinib) as the current next-generation ROS1 inhibitor, with its median Duration of Response (DOR) maturing to 50 months as of August 2025 in TKI-naïve patients, the need to preempt future resistance is a core R&D driver. The company is reallocating funds to ensure pipeline depth. Specifically, resources previously budgeted for NUV-1511, which included projected $100-150 million in R&D and CMC-related costs through 2029, will be transferred to other pipeline molecules and development of next-generation drug-drug conjugate (DDC) candidates, signaling a commitment to next-generation science across the board, even if the specific second-generation ROS1 inhibitor isn't detailed yet. The net loss for Q3 2025 was $55.8 million, showing the burn rate required to fund this development.

Here's a quick look at the pipeline focus and financial backing as of September 30, 2025:

Asset	Indication Focus (Product Development)	Key Metric/Status	Associated Financials
Safusidenib	High-Grade IDH1-Mutant Glioma Maintenance (Pivotal)	G203 study enrolling 300 patients	R&D Expense Q3 2025: $28.8 million
Safusidenib	Lower-Grade IDH1-Mutant Glioma (Expansion)	Decision made not to pursue head-to-head vs. vorasidenib	Cash Position as of 9/30/2025: $549.0 million
NUV-868	Oncology Indications	Focus shifting to combination therapies	Net Loss Q3 2025: $55.8 million
IBTROZI (Taletrectinib)	ROS1+ NSCLC (Maturity/Durability)	Median DOR increased to 50 months (Aug 2025 data)	NUV-1511 R&D funds reallocated: $100-150 million

The immediate development priorities for Nuvation Bio Inc. are centered on executing these clinical programs effectively:

• Enrollment target of 300 patients for safusidenib G203 Part 2.
• Advancing the TRUST-IV phase 3 study for IBTROZI.
• Focusing NUV-868 development on combination strategies.
• Completing protocol amendment for safusidenib Phase 3 trial.
• Anticipating a $25 million milestone payment from Nippon Kayaku.

Finance: draft 13-week cash view by Friday.

Nuvation Bio Inc. (NUVB) - Ansoff Matrix: Diversification

You're looking at how Nuvation Bio Inc. can expand beyond its current successful market, which is anchored by IBTROZI (taletrectinib) in ROS1-positive non-small cell lung cancer (NSCLC). Diversification here means applying existing platform knowledge or capital to new areas. The financial foundation for this strategy is solid, as of September 30, 2025, Nuvation Bio held a $549.0 million cash, cash equivalents, and marketable securities reserve. This liquidity is key for funding aggressive moves outside the core business.

The company is already pivoting its internal development focus, which directly impacts future diversification capital allocation. The decision to halt NUV-1511, the first compound from the drug-drug conjugate (DDC) platform, frees up significant projected spend. Resources budgeted for NUV-1511, estimated at $100-150 million in R&D and CMC costs through 2029, are being transferred to next-generation DDC candidates. This reallocation funds the launch of a new DDC candidate from the platform into a novel tumor type, leveraging the platform's core technology while avoiding the inconsistent efficacy seen with the lead DDC asset.

The existing small-molecule pipeline offers a base for exploring new mechanisms. NUV-868, a BD2-selective oral small molecule bromodomain and extra-terminal (BET) inhibitor, targets BRD4, an epigenetic regulator. This asset is designed with high precision, showing almost 1,500 times greater selectivity for BD2 over BD1, aiming to mitigate toxicities seen with non-selective inhibitors. While current development focuses on advanced solid tumors like ovarian cancer and mCRPC, the platform knowledge could theoretically be applied to a non-oncology indication, like a rare inflammatory disease, by exploring the role of BD2 inhibition outside of cancer cell proliferation.

Strategic financial maneuvers are also in play to support non-dilutive growth. The company previously secured a $200 million non-dilutive financing, which, combined with the $549.0 million cash reserve as of Q3 2025, provides substantial capital to fund a strategic, non-dilutive acquisition. This financial strength allows Nuvation Bio Inc. to consider acquiring a clinical-stage asset in a complementary, non-glioma, non-lung cancer rare disease without immediately tapping equity markets.

The current pipeline already touches on epigenetic mechanisms, but establishing a platform for a different one is a distinct diversification step. NUV-868 itself represents a small-molecule platform targeting the BET epigenetic mechanism. The table below summarizes the key pipeline assets and their current focus, highlighting where new diversification efforts might align or diverge.

Asset/Platform	Mechanism/Focus	Current Indication(s)	Key Metric/Status
IBTROZI (Taletrectinib)	ROS1 Inhibitor	ROS1+ NSCLC	Net product revenue of $7.7 million in Q3 2025.
Safusidenib	mIDH1 Inhibitor	IDH1-mutant Glioma	Global randomized G203 trial ongoing.
NUV-868	BD2-selective BET Inhibitor (Epigenetic)	Advanced Solid Tumors (Ovarian, Pancreatic, mCRPC, TNBC)	Selectivity is almost 1,500x BD2 vs. BD1.
DDC Platform (Next-Gen)	Targeted Delivery	Novel Solid Tumors (Post-NUV-1511)	Reallocating $100-150 million in projected R&D/CMC costs through 2029.

To execute on these diversification vectors, Nuvation Bio Inc. is focusing its internal resources based on recent decisions:

• Reallocate $100-150 million from the discontinued NUV-1511 program.
• Prioritize the commercial launch of IBTROZI, which saw 204 patients start treatment by July 31, 2025.
• Continue development of safusidenib in IDH1-mutant glioma.
• Evaluate next steps for NUV-868, including combination studies.
• Maintain a strong balance sheet with $549.0 million in cash as of September 30, 2025.

The company's current market capitalization stood at $2.57 billion as of early December 2025.

Finance: draft 13-week cash view by Friday.