Analysts’ Top Healthcare Picks: Ikena Oncology (IKNA), PMV Pharmaceuticals (PMVP)
Ikena Oncology (IKNA): Analyst Matt Phipps from William Blair maintains a Buy rating on Ikena Oncology, which has a Moderate Buy consensus among analysts, despite Phipps' average return being -10.4%.
PMV Pharmaceuticals (PMVP): Analyst Yaron Werber from TD Cowen also holds a Buy rating for PMV Pharmaceuticals, which is near its 52-week low, and has a Moderate Buy consensus with an average return of 8.2%.
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Clinical Trial Results: Updated data from the Phase 2 PYNNACLE trial presented at the 2025 AACR-NCI-EORTC Conference showed a 34% overall response rate (ORR) across eight tumor types, with a notable 46% ORR in the ovarian cancer cohort.
Rezatapopt Overview: Rezatapopt (PC14586) is a first-in-class small molecule designed to reactivate the p53 protein in tumors with the TP53 Y220C mutation, with plans for a New Drug Application submission for platinum-resistant ovarian cancer in Q1 2027.
Safety Profile: The treatment was generally well-tolerated, with most adverse events being Grade 1-2, and a low discontinuation rate due to treatment-related adverse events (3.6%).
Future Directions: PMV Pharma aims to continue generating data to support regulatory strategies and enhance treatment options for patients with advanced solid tumors harboring the TP53 Y220C mutation.

Clinical Trial Results: PMV Pharmaceuticals released interim data from the Phase 2 PYNNACLE trial, showing a 33% overall response rate for rezatapopt in patients with advanced solid tumors harboring the TP53 Y220C mutation, with notable efficacy in ovarian (43% ORR) and endometrial (60% ORR) cancers.
Safety and Regulatory Plans: The treatment was generally well-tolerated, with most adverse events being mild. PMV Pharma plans to enroll additional patients for a New Drug Application (NDA) for platinum-resistant/refractory ovarian cancer by early 2027, following FDA feedback.
Positive Interim Data: PMV Pharmaceuticals announced positive interim results from the Phase 2 portion of the PYNNACLE study, showing a 33% overall response rate in patients with advanced solid tumors, particularly those with TP53 Y220C mutations and KRAS wild-type.
Ovarian Cancer Focus: The study reported a 43% response rate in the ovarian cancer cohort, with a median duration of response of 7.6 months, and the company plans to submit a New Drug Application for rezatapopt in platinum resistant/refractory ovarian cancer by Q1 2027.
Insider Trading Activity: Robert Ticktin, General Counsel & COO of $PMVP, sold 23,151 shares of the company, representing about 19% of his holdings, and now owns 98,695 shares. In the past six months, there have been four insider sales with no purchases.
Institutional Investor Movements: In the latest quarter, 10 institutional investors increased their positions in $PMVP stock while 48 reduced theirs, indicating mixed sentiment among institutional stakeholders.
Company Announcement: PMV Pharmaceuticals, Inc. will participate in investor conferences on May 27 and June 5, 2025, with live audio webcasts available for both events.
About PMV Pharma: The company focuses on developing small molecule therapies targeting p53 mutations, which are present in about half of all cancers, leveraging over four decades of research in p53 biology.
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