Clovis value doubles on rucaparib results

19 June 2017

US biotech Clovis Oncology (Nasdaq: CLVS) intends to submit a supplemental New Drug Application (sNDA) for rucaparib in a second-line or later maintenance treatment indication in ovarian cancer within four months.

The company made the announcement based on findings from the ARIEL3 study, the publication of which sent Clovis’ share price soaring on Monday morning by 45% in 90 minutes to $87.16.

"This is a very important step forward for women with advanced ovarian cancer"

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