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Wait for ASCO for clarity on Aveo's Phase III for tivozanib in RCC
Wait until ASCO
-- Andrew Fisher
Published on
Monday, January 9, 2012
Wait until ASCO
Aveo Pharmaceuticals Inc. lost
19% of its value last week despite reporting Phase III data for tivozanib that
met the primary endpoint of PFS in renal cell carcinoma versus Nexavar
sorafenib (11.9 months vs. 9.1 months). The reason: analysts had expected at
least 13-month PFS from the selective VEGF receptor inhibitor.
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