• Aravive's batiraxcept demonstrated no significant difference in median progression-free survival compared to paclitaxel in platinum-resistant recurrent ovarian cancer patients.
• The Phase III trial termination led to a significant drop in batiraxcept's Likelihood of Approval (LoA) for ovarian cancer, decreasing by 10 points to 1%.
• The study found no detriment to overall survival and identified no new safety signals, despite the failure to meet the primary endpoint.
• The trial compared batiraxcept in combination with paclitaxel versus placebo in combination with paclitaxel.