BENSALEM, Pa., March 11, 2019 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith announces an investigation on behalf of AVEO Pharmaceuticals, Inc. investors (“AVEO” or the “Company”) (NASDAQ: AVEO) concerning the Company and its officers’ possible violations of federal securities laws.

On January 31, 2019, AVEO announced it would not file a New Drug Application for tivozanib (FOTIVDA®). According to AVEO, the FDA indicated that these “preliminary OS results do not allay their concerns about the potential detriment in OS outlined in the complete response letter dated June 6, 2013.” AVEO “plans to make a NDA filing decision following the availability of more mature OS results.” On this news, shares of AVEO fell $1.07 per share, or over 60%, to close at $0.70 per share on January 31, 2019, thereby injuring investors.

If you purchased AVEO securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

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Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com