Tag:

tivozanib

Latest Headlines

Latest Headlines

Class action suits pile up at Aveo's doorstep in wake of FDA debacle

Now that Aveo's share price has been badly mauled in the aftershock of an FDA panel vote rejecting its kidney cancer drug tivozanib, the class action suits are starting to pile up at the front door.

UPDATED: FDA panel rejects Aveo's kidney cancer drug tivozanib

The committee voted 13 to 1 against Aveo, deciding that the biotech had not produced the needed efficacy data in a single pivotal study. And given the harsh assessment of Aveo from top FDA officials, this is one vote that is not likely to be overturned inside the agency.

UPDATED: Aveo shares plunge after FDA review raises fears of tivozanib rejection

Regulators at the FDA have weighed the data for Aveo's tivozanib, raising a simple question that could prove vexing for the biotech: Should another clinical trial be required before the agency delivers its verdict on the cancer drug, given that alternative treatments are available?

Aveo slashes workforce, circles wagons around troubled kidney cancer drug

The company's CEO says that 45 staffers are being pink slipped--17% of the workforce--while another 30 open positions will not be filled. The move should save some $100 million over three years.

Aveo reveals hitch in data on kidney cancer drug

Aveo Oncology gave investors the jitters Thursday, revealing an issue in survival data from a pivotal trial for its lead cancer drug tivozanib. The experimental treatment fared worse than Onyx Pharmaceuticals ($ONXX) and Bayer's Nexavar in an early assessment of overall survival (OS), and Aveo has decided to probe the issue before it asks the FDA for approval of tivozanib.

ASCO Roundup: Key news from Bayer, Aveo, J&J and Seattle Genetics

Bayer looks to secure blockbuster status for regorafenib; J&J demonstrated impressive results among pre-chemo prostate cancer patients; Aveo raises the flag for tivozanib; Seattle Genetics plans to look at new indications for Adcetris.

UPDATED: ASCO abstracts reveal added appeal for key cancer drug prospects

The avalanche of ASCO abstracts last night triggered a flurry of news reports about the most notable new data on experimental therapies to be revealed ahead of next month's big meeting in Chicago.

Aveo Pharma flunks Phase II lung cancer study

Aveo's share price slid a modest 30 cents, or 2.53%, to $11.77, as of 10:30 a.m. ET Wednesday.

Top 10 late-stage cancer drugs in 2012

Thousands of experimental meds are winding their way through various stages of clinical trials today, and the largest category among the contenders is cancer drugs.

Aveo on a hiring spree as it preps for the launch of tivozanib

The fast-growing developer tells The Boston Globe that it plans to hire 120 new staffers this year in preparation for the likely upcoming launch of tivozanib.