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Enliven Therapeutics

Market cap $3.64B 73.6M shares (10-Q, Oct 28, 2026) × $49.43 close Nov 6, 2026

Most recent annual filing: 2026-03-03

Catalyst timeline

8 trackedQuarter catalyst calendar →
  1. ELVN-001 relcobatinib Ph2 start2026ELVN-001 relcobatinib Ph2 start, 2026, routine
  2. ELVN-001 relcobatinib manufacturing updateNov 2026ELVN-001 relcobatinib manufacturing update, Nov 2026, routine
  3. ELVN-001 relcobatinib interimDec 2026ELVN-001 relcobatinib interim, Dec 2026, notable
  4. ELVN-001 relcobatinib trial startDec 31, 2026ELVN-001 relcobatinib trial start, Dec 31, 2026, routine
  5. ELVN-001 relcobatinib corporate update~1H 2027ELVN-001 relcobatinib corporate update, ~1H 2027, routine
  6. MK-4208 Ph3 start2027MK-4208 Ph3 start, 2027, routine
  7. ELVN-001 relcobatinib readoutJun 2027ELVN-001 relcobatinib readout, Jun 2027, notable
  8. ELVN-001 relcobatinib Ph3 start2028ELVN-001 relcobatinib Ph3 start, 2028, routine

Bar width shows how precise the guidance is — a pin is a stated date, a wide band a six-month window. Deeper blue means more of the thesis rides on the event; it is not a view on the stock.

Pipeline (1 active programs)

Discontinued (1)

Capital (as filed)

Cash
$152M cash and cash equivalents · Sep 30, 2026 (10-Q)
Short-term investments
$733M Sep 30, 2026
Operating cash flow
−$12.6M quarter Jun 30, 2026 → Sep 30, 2026, year-to-date difference (10-Q)
As stated in coverage
$895M cash, runway into 2030 per the deep dive of Oct 23, 2026 — the company's own words as read there, not the filed figure

Cash, investments and operating cash flow are the company's own XBRL facts as filed with the SEC, each shown with its period end and tag. As-stated figures come from the company's own words as read in Biotech Distilled coverage, dated, and routinely count securities and planned financing that a balance sheet does not. Offering rows are the SEC cover pages as filed. Not investment advice. Figures as of Nov 7, 2026.

Biotech Distilled coverage (1)

Articles open on Substack. Some are subscriber-only; those marked ★ Distilled Pro are for Distilled Pro members.

Verdict history (1 call)

Every verdict Biotech Distilled has published on Enliven Therapeutics, oldest first — the full history, never a selection. How calls are scored: the track record.

  1. Watch Enliven Therapeutics (ELVN) - Scientific Deep Dive for Relcobatinib (ELVN-001) and Pipeline Products Relcobatinib has a winnable Phase 3 but ENABLE-2 is designed to beat generic 2G TKIs rather than asciminib or MK-4208, and at $41.93 the stock already prices a successful 2L+ franchise plus much of a first-line future that has no trial yet.

Every verdict Biotech Distilled has published on this company, in order, with the post it came from — the full history, never a selection. Position figures are the same ones shown on /track-record, computed by the same method. Editorial opinion, not investment advice.

Filings & releases (19)

SEC filings from EDGAR and press releases captured from the company's investor-relations site, newest first. Releases captured from Nov 5, 2026; filings from March 2026. Summaries come from the BD update that read the document; "BD extracted" counts point at the pipeline table above. All companies →

12 more filings (13G holder notices, S-8, proxy material, SEC correspondence …)