AVEO Oncology Reports Third Quarter 2022 Financial Results
– Total Q3 2022 Net Revenue of $30.4 million, including $30.2 million of FOTIVDA® (tivozanib) U.S. Net Product Revenue – – Announced entering a definitive agreement under which LG Chem will acquire AVEO for $15.00 per share in an all-cash transaction with an implied equity value of $566 million on a fully diluted basis – BOSTON, Nov. 07, 2022 (GLOBE NEWSWIRE) -- AVEO Oncology (NASDAQ:AVEO), a commercial stage, oncology-focused biopharmaceutical company committed to delivering medicines that provide a better life for patients with cancer, today reported financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial Highlights At September 30, 2022, AVEO r
11/7/22 4:05:00 PM ET
$AVEO
Biotechnology: Pharmaceutical Preparations
Health Care
LG Chem to Acquire AVEO Oncology for $15.00 Per Share in Cash
Acquisition Provides LG Chem's Life Sciences Division a Commercial Footprint in the U.S., Diversifies its Pipeline with a Broad Range of Oncology Therapies and Accelerates LG Chem's Efforts to Deliver Continued Growth AVEO Will Have Enhanced Ability to Deliver on its Mission to Improve the Lives of Patients with CancerAVEO to Establish and Operate as the U.S. Commercial Foundation for LG Chem Life Sciences' Oncology SegmentTransaction Price Represents a 43% Premium to AVEO's Closing Price on October 17, 2022 SEOUL, South Korea and CAMBRIDGE, Mass. and BOSTON, Oct. 18, 2022 (GLOBE NEWSWIRE) -- LG Chem, Ltd. ("LG Chem") (KOSPI: 051910) and AVEO Oncology ("AVEO") (NASDAQ:AVEO), a commercia
10/18/22 4:30:00 AM ET
$AVEO
Biotechnology: Pharmaceutical Preparations
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AVEO Oncology Reports Second Quarter 2022 Financial Results
– Total Q2 2022 Net Revenue of $25.3 million including $25.0 million of FOTIVDA® (tivozanib) U.S. Net Product Revenue – – Q2 2022 FOTIVDA U.S. Net Product Revenue Growth of 24% Compared with Q1 2022 – – Company Reaffirms Full Year 2022 FOTIVDA U.S. Net Product Revenue Guidance of $100.0 million to $110.0 million – – Company Streamlines Planned R&D Spending and Lowers Guidance to $50.0 million from $60.0 million to $70.0 million – – Company to host conference call today at 4:30 p.m. ET – BOSTON, Aug. 04, 2022 (GLOBE NEWSWIRE) -- AVEO Oncology (NASDAQ:AVEO), a commercial stage, oncology-focused biopharmaceutical company committed to delivering medicines that provide a better
8/4/22 4:05:00 PM ET
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$AVEO
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AVEO Oncology Announces Appointment of Jeb Ledell as Chief Operating Officer
- Former chief operating officer of Enzyvant Therapeutics brings over 20 years of biotech leadership experience - AVEO Oncology (NASDAQ:AVEO), a commercial stage, oncology-focused biopharmaceutical company, today announced the appointment of Jeb Ledell as chief operating officer. In this role, he will be responsible for overseeing operational functions key to maximizing the Company's organizational efficiency and advancing its pipeline of products. "We are excited to welcome Jeb to the team during an important phase of AVEO's evolution as an integrated clinical development and commercial organization," said Michael Bailey, president and chief executive officer of AVEO. "With a successful
12/1/21 7:00:00 AM ET
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Biotechnology: Pharmaceutical Preparations
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AVEO Announces Appointment of Kevin Cullen, M.D., to Its Board of Directors
AVEO Oncology (NASDAQ:AVEO), a commercial and clinical development stage biopharmaceutical company, today announced the appointment of Kevin J. Cullen, M.D., to the Company's Board of Directors. A widely recognized clinical oncologist with a specialty in head and neck cancer, Dr. Cullen is the Marlene and Stewart Greenebaum Distinguished Professor in Oncology and director of the Program in Oncology at the University of Maryland School of Medicine. He also serves as director of the University of Maryland Marlene and Stewart Greenebaum Comprehensive Cancer Center. "Dr. Cullen, among the leading voices in cancer research and treatment, has made many important contributions to the evolving tre
4/16/21 7:00:00 AM ET
$AVEO
Biotechnology: Pharmaceutical Preparations
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AVEO Oncology Reports Full Year 2020 Financial Results and Provides Business Update
BOSTON--(BUSINESS WIRE)--AVEO Oncology (Nasdaq: AVEO) today reported financial results for the full year ended December 31, 2020 and provided a business update. “The U.S. Food and Drug Administration’s (FDA) recent approval of FOTIVDA marks a transformative event for AVEO, and we are eager to demonstrate FOTIVDA’s potential to serve as a meaningful new treatment option within the growing relapsed or refractory advanced renal cell carcinoma (RCC) patient population. We look forward to bringing this meaningful new therapy to patients in the U.S. by the end of this month,” said Michael Bailey, president and chief executive officer of AVEO. “In parallel, we remain focused on the evalua
3/16/21 4:05:00 PM ET
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Biotechnology: Pharmaceutical Preparations
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2024 Entrepreneurship Summit Presented by the Harvard Undergraduate Venture Capital Group: Agenda and Speakers
The Harvard Undergraduate Venture Capital Group (VCG) will hold its annual Entrepreneurship Summit on Sunday, March 24, 2024, from 8 AM to 5:30 PM at The Ritz-Carlton in Boston. The Summit is the largest undergraduate entrepreneurship and venture capital conference in the nation and will bring together founders of unicorn startups, CEOs of public companies, and renowned venture capital and private equity investors. The event will convene over 55 speakers and 15 panels on Leadership, Investing, and Entrepreneurship with Advanced Tracks discussing topics ranging from biotech to investing in AI. Keynote speakers include: Steve Kraus, Partner at Bessemer Venture Partners and world-renown
3/22/24 6:14:00 PM ET
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$AVEO
Biotechnology: Biological Products (No Diagnostic Substances)
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LG Chem Completes Acquisition of AVEO Oncology
SEOUL, South Korea, Jan. 19, 2023 (GLOBE NEWSWIRE) -- LG Chem, Ltd. ("LG Chem") (KOSPI: 051910) today announced that it has completed its previously announced acquisition of AVEO Oncology ("AVEO"), a commercial stage, oncology-focused biopharmaceutical company committed to delivering medicines that provide a better life for patients with cancer, in an all-cash transaction with an implied equity value of $571M on a fully diluted basis. "We are excited to complete LG Chem's acquisition of AVEO, which will position us to deliver on our mission of becoming one of the world's leading oncology companies with a robust clinical pipeline of innovative therapies," said Shin Hak-Cheol, Chief Execu
1/19/23 4:35:03 PM ET
$AVEO
Biotechnology: Pharmaceutical Preparations
Health Care
AVEO Oncology Stockholders Approve Acquisition by LG Chem
BOSTON, Jan. 05, 2023 (GLOBE NEWSWIRE) -- AVEO Oncology ("AVEO") (NASDAQ:AVEO), a commercial stage, oncology-focused biopharmaceutical company committed to delivering medicines that provide a better life for patients with cancer, announced that at a special meeting of stockholders (the "Special Meeting") held today, AVEO stockholders approved the adoption of the Agreement and Plan of Merger among LG Chem, Ltd. ("LG Chem"), a subsidiary of LG Chem and AVEO (the "merger agreement"). As previously announced, under the terms of the merger agreement, AVEO stockholders will receive $15.00 per share in cash upon the closing of the transaction. "Today's approval is a significant step toward the c
1/5/23 7:35:35 PM ET
$AVEO
Biotechnology: Pharmaceutical Preparations
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Aveo Oncology Form 8 Filing, Closing Of The Merger Is Expected To Occur On January 19, 2023
On January 17, 2023, the parties received written notice from CFIUS that it had determined that there were no unresolved national security concerns regarding the transaction and that it had concluded action under Section 721 of the Defense Production Act of 1950, as amended, thereby clearing the transaction contemplated by the Merger Agreement. All required regulatory approvals to complete the Merger have now been received. The closing of the Merger is expected to occur on January 19, 2023, subject to the satisfaction or waiver of the remaining customary closing conditions set forth in the Merger Agreement that by their nature are to be satisfied at the closing of the Merger.
1/18/23 8:54:09 AM ET
$AVEO
Biotechnology: Pharmaceutical Preparations
Health Care
On Jan 17, Aveo Oncology's Lg Chem Received Written Notice From CFIUS That There Were No Unresolved National Security Concerns Regarding Transaction; All Required Regulatory Approvals To Complete Merger Have Now Been Received
As previously disclosed, on October 18, 2022, AVEO Pharmaceuticals, Inc., a Delaware corporation (“AVEO”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with LG Chem, Ltd., a corporation organized and existing under the laws of the Republic of Korea (“LG Chem”), and Acacia Acquisition Sub, Inc., a Delaware corporation and a wholly owned subsidiary of LG Chem (“Merger Sub”), pursuant to and subject to the terms and conditions of which Merger Sub will be merged with and into AVEO, with AVEO surviving the merger as an indirect wholly owned subsidiary of LG Chem (the “Merger”). Also as previously disclosed, on December 1, 2022, each of AVEO and LG Chem received a notice
1/18/23 8:53:34 AM ET
$AVEO
Biotechnology: Pharmaceutical Preparations
Health Care
AVEO Oncology Stockholders Approve Acquisition By LG Chem; AVEO Stockholders Will Receive $15.00 Per Share In Cash Upon The Closing Of The Transaction
AVEO Oncology ("AVEO") (NASDAQ:AVEO), a commercial stage, oncology-focused biopharmaceutical company committed to delivering medicines that provide a better life for patients with cancer, announced that at a special meeting of stockholders (the "Special Meeting") held today, AVEO stockholders approved the adoption of the Agreement and Plan of Merger among LG Chem, Ltd. ("LG Chem"), a subsidiary of LG Chem and AVEO (the "merger agreement"). As previously announced, under the terms of the merger agreement, AVEO stockholders will receive $15.00 per share in cash upon the closing of the transaction. "Today's approval is a significant step toward the completion of AVEO's transaction with LG Chem
1/6/23 12:40:04 AM ET
$AVEO
Biotechnology: Pharmaceutical Preparations
Health Care

FDA Approval for FOTIVDA

Products on NDA 212904

Approval Date(s) and History, Letters, Labels, Reviews for NDA 212904

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SEC Form 4: Bate Kenneth returned $5,625 worth of shares to the company (375 units at $15.00), decreasing direct ownership by 50% to 375 units (tax liability)

SEC Form 4: Evnin Anthony B returned $627,615 worth of shares to the company (41,841 units at $15.00), closing all direct ownership in the company to satisfy tax liability

SEC Form 4 filed by Ledell Jebediah (tax withholding)

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SEC Form 15-12G filed by AVEO Pharmaceuticals Inc.

SEC Form EFFECT filed by AVEO Pharmaceuticals Inc.

SEC Form EFFECT filed by AVEO Pharmaceuticals Inc.

AVEO Oncology Reports Third Quarter 2022 Financial Results

LG Chem to Acquire AVEO Oncology for $15.00 Per Share in Cash

AVEO Oncology Reports Second Quarter 2022 Financial Results

AVEO Oncology downgraded by Stifel with a new price target

HC Wainwright & Co. reiterated coverage on AVEO Pharmaceuticals with a new price target

SVB Leerink reiterated coverage on AVEO Pharmaceuticals with a new price target

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FDA Approval for FOTIVDA issued to AVEO PHARMACEUTICALS INC

FDA Approval for FOTIVDA

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AVEO Oncology Announces Appointment of Jeb Ledell as Chief Operating Officer

AVEO Announces Appointment of Kevin Cullen, M.D., to Its Board of Directors

AVEO Oncology Reports Full Year 2020 Financial Results and Provides Business Update

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2024 Entrepreneurship Summit Presented by the Harvard Undergraduate Venture Capital Group: Agenda and Speakers

LG Chem Completes Acquisition of AVEO Oncology

AVEO Oncology Stockholders Approve Acquisition by LG Chem

SEC Form SC 13D/A filed by AVEO Pharmaceuticals Inc. (Amendment)

SEC Form SC 13G/A filed by AVEO Pharmaceuticals Inc. (Amendment)

SEC Form SC 13G/A filed by AVEO Pharmaceuticals Inc. (Amendment)

Aveo Oncology Form 8 Filing, Closing Of The Merger Is Expected To Occur On January 19, 2023

On Jan 17, Aveo Oncology's Lg Chem Received Written Notice From CFIUS That There Were No Unresolved National Security Concerns Regarding Transaction; All Required Regulatory Approvals To Complete Merger Have Now Been Received

AVEO Oncology Stockholders Approve Acquisition By LG Chem; AVEO Stockholders Will Receive $15.00 Per Share In Cash Upon The Closing Of The Transaction

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