Aravive announced that its Phase 3 AXLerate-OC trial evaluating the safety and efficacy of batiraxcept in platinum-resistant ovarian cancer did not meet its primary endpoint of progression-free survival in the pre-specified subset of patients naive to prior bevacizumab treatment. The trial did not show any difference between the two arms in the overall populatio . The Company will continue to evaluate the complete dataset and determine next steps in the development of batiraxcept. “We are conducting additional analyses on the AXLerate-OC Phase 3 trial to further evaluate the results of this study and determine the best path forward with our two other planned indications in renal cell carcinoma and pancreatic cancer,” said Gail McIntyre, Ph.D., DABT, Aravive’s President and Chief Executive Officer. “We want to thank the patients who participated in this trial, the clinical investigators, and the Aravive team for their hard work, as we continue to pursue our goal of finding innovative cancer treatments for patients in need.”
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Read More on ARAV:
- Aravive (NASDAQ:ARAV) Plummets On Phase 3 Disappointment In Ovarian Cancer
- Aravive to Present Updated Clinical Data from Batiraxcept Trials in Renal and Pancreatic Cancer at ESMO Congress 2023
- Aravive management to meet virtually with Cantor Fitzgerald
- Aravive to Participate in William Blair’s Innovator Series: Transitioning Biotech Breakthroughs to Commercial Success Being Held July 18, 2023
- Aravive price target lowered to $9 from $12 at BTIG
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