AF tweeted that AVEO could/should hear tomorrow on FDA acceptance of tivozanib NDA. Any realistic PT estimates upon FDA acceptance of NDA?
The company should have received the FDA response today. Let's see if they get it tomorrow now.
" Any realistic PT estimates upon FDA acceptance of NDA ? "
Well $17.65 was high mark even without any approval;
And that would still leave MKT CAP well under $1B.
Modest positive in my opinion. Will legitimize the submission and as the brilliant analyst Jason Kantor explained will "de-risk" the tivozanib application. My prediction is this news moves us past 8 and eventually into the 10-11 range by end of Q1.