– USA, TX – Aravive, Inc. (Nasdaq: ARAV), a late clinical-stage oncology company developing targeted therapeutics to treat metastatic disease today announced the appointment of Dr. Fred Eshelman (Pharm.D.) as Executive Chairman, having served as the Non-Executive Chairman since April 2020.
In his new role, Dr. Eshelman will continue to work with CEO, Dr. Gail Mcintyre, and senior management to help shape and execute the strategy and direction, as well as other key business initiatives, subject in all cases to the direction of the Board of Directors.
“Dr. Eshelman and I have worked closely together for over 20 years and in various companies to bring a number of products to market. I am looking forward to working closely with Dr. Eshelman to hopefully bring batiraxcept to market,” said Dr. Gail McIntyre.
About Aravive
Aravive, Inc. is a late clinical-stage oncology company developing targeted therapeutics to treat metastatic disease. Our lead product candidate, batiraxcept (formerly AVB-500), is an ultra-high affinity decoy protein that binds to GAS6, the sole ligand that activates AXL, thereby inhibiting metastasis and tumor growth, and restoration of sensitivity to anti-cancer agents. Batiraxcept has been granted Fast Track Designation by the U.S. FDA and Orphan Drug Designation by the European Commission in platinum-resistant recurrent ovarian cancer. Batiraxcept is in an active registrational Phase 3 trial in platinum-resistant ovarian cancer (NCT04729608), a Phase 1b/2 trial in clear cell renal cell carcinoma (NCT04300140), and a Phase 1b/2 trial in pancreatic adenocarcinoma (NCT04983407). A P1B platinum-resistant ovarian cancer trial demonstrated more than a doubling of progression-free survival in a patient subgroup that represents the ongoing P3 population.
For more information: https://aravive.com/
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