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Aveo ends trial of cancer drug due to low enrollment

Jan. 30, 2014 7:46 AM ETAVEO Pharmaceuticals, Inc. (AVEO) StockALPMF, ALPMY, AVEOBy: Yigal Grayeff, SA News Editor
  • Aveo Oncology (NASDAQ:AVEO) and Japanese partner Astellas Pharma (OTCPK:ALPMF) plan to end a Phase II study of the Tivozanib drug for treating breast cancer after not being able to enroll enough patients in the trial.
  • The latest blow to Aveo comes after the FDA rejected Tivozanib as a treatment for kidney cancer in June, due to inconsistent study results. (PR)

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