AVEO Oncology Reports Full Year 2014 Financial Results
CAMBRIDGE, Mass.-- AVEO Oncology (AVEO) today reported financial results for the full year ended December 31, 2014.
“At the beginning of 2015, AVEO implemented several important changes designed to maximize the value of our portfolio of clinical stage products,” said Michael Bailey, president and chief executive officer. “Our approach to realizing this value is to leverage biomarker insights, including the promising new NRP-1 findings for tivozanib in metastatic colorectal cancer, and our demonstrated ability to advance our assets through partnerships. In support of these efforts, we have streamlined our organization to better align it with our clinically focused strategic needs going forward, extending our financial runway into the third quarter of 2016. We look forward to a productive 2015 as we work toward making progress in executing our strategy.”
- Published: 06 March 2015
- Written by Editor