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Aveo Pharmaceuticals Inc

AVEO Pharmaceuticals, Inc. is a publicly-traded biotechnology company listed on the NASDAQ stock exchange under the ticker symbol "AVEO." With a focus on developing and commercializing novel cancer therapies, AVEO's product portfolio includes drugs such as FOTIVDA® (tivozanib) and varlilumab.

In terms of earnings, AVEO has reported net losses in its quarterly and annual financial statements, primarily due to R&D expenses and general and administrative costs.

In the recent quarter (Q2 2022), AVEO reported a net loss of $13.7 million or $0.17 per share, along with collaboration revenue of $2.8 million. The company had cash, cash equivalents, and investments worth $118.3 million as of June 30, 2022.

Regarding growth, AVEO has made efforts to expand its pipeline and explore strategic partnerships. For instance, the company entered into a collaboration with Ono Pharmaceutical Co., Ltd. to commercialize FOTIVDA in Japan, which led to a milestone payment of $10 million.

Additionally, AVEO has been investing in its oncology pipeline, presenting positive data from the Phase 1b/2 DEDUCTIVE trial evaluating the combination of tivozanib and durvalumab in non-small cell lung cancer patients. These developments may potentially impact the company's future growth and profitability.

Considering the highly competitive and dynamic landscape of the biotechnology industry, it's important to conduct thorough research and consult with financial advisors before making investment decisions related to AVEO or any other stock.