FDA grants accelerated approval for new ovarian cancer treatment

19 December 2016

The US Food and Drug Administration today granted accelerated approval to Rubraca (rucaparib) to treat women with a certain type of ovarian cancer.

Rubraca, from US personalized cancer therapy specialist Clovis Oncology’s (Nasdaq: CLVS), is approved for women with advanced ovarian cancer who have been treated with two or more chemotherapies and whose tumors have a specific gene mutation (deleterious BRCA) as identified by an FDA-approved companion diagnostic test.

Clovis shares shot up 15.2% to $42.86 on the news.

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