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Enliven Therapeutics plans Phase 3 trial for ELVN-001 in late 2026 with strong cash position through 2029

Company Fundamentals
07 May 2026
PRNewsWire
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Bullish
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Enliven Therapeutics announced plans to start the Phase 3 pivotal trial of its chronic myeloid leukemia drug ELVN-001 in the second half of 2026, following positive Phase 1 data. The company highlights ELVN-001 as a potentially best-in-class treatment targeting the BCR::ABL gene fusion in CML patients. Enliven reported a net loss of $23.6 million in Q1 2026 but maintains a strong cash reserve of $452 million, expected to fund operations into mid-2029. Key upcoming milestones include additional Phase 1 data presentations and regulatory discussions with the FDA on trial design and dosing.

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