AVEO Oncology

About:

AVEO is a biopharmaceutical company that offers drug development strategies for targeted cancer therapeutics.

Website: http://www.aveooncology.com

Twitter/X: aveooncology

Top Investors: Hercules Capital, Perceptive Advisors, New Enterprise Associates, Venrock, Greylock

Description:

AVEO is a late-stage biopharmaceutical company focused on the discovery and development of targeted cancer therapeutics. AVEO's proprietary, integrated cancer biology platform enables the company to pursue highly efficient drug development strategies in oncology that increase the probability of clinical success and provides a discovery engine for high-value targets and therapies. This approach has resulted in a balanced pipeline of novel cancer therapies focused on well-validated targets (VEGFR, EGFR) and promising novel targets (HGF, FGFR, ErbB3 and NOTCH), as well as collaborations with Eli Lilly, Merck, OSI Pharmaceuticals, Schering-Plough, and Biogen Idec. The company was established in 2001 and is based in Cambridge, Massachusetts.

Total Funding Amount:

$561M

Estimated Revenue Range:

$10M to $50M

Headquarters Location:

Cambridge, Massachusetts, United States

Founded Date:

2001-01-01

Founders:

Kenneth E. Weg, Lynda Chin, Paul Hurley, Ronald A. DePinho

Number of Employees:

101-250

Last Funding Date:

2021-03-22

IPO Status:

Public

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