Aravive Inc. (NASDAQ:ARAV), a late clinical-stage oncology company developing innovative therapeutics to treat life-threatening diseases, today announced that it received a $6 million development milestone payment from its licensee, 3D Medicines Inc. This milestone is based on the initiation of the global Phase 3 platinum resistant ovarian cancer (PROC) clinical trial in China for the development of Aravive’s batiraxcept.
Scotiabank Downgrades Braskem to Sector Underperform
Scotiabank analyst Ben Isaacson downgrades Braskem (NYSE:BAK) from Sector Perform to Sector Underperform.