Clovis Oncology (CLVS) Trades Higher in Sympathy with TESARO (TSRO)

October 10, 2016 1:24 PM EDT

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Gains in Clovis Oncology (NASDAQ: CLVS) Monday were tied to data from PARP inhibitor peer TESARO (NASDAQ: TSRO). Earlier TESARO and ENGOT, the European Network for Gynaecological Oncological Trial groups, announced the presentation of the niraparib Phase 3 ENGOT-OV16/NOVA clinical trial results at the ESMO 2016 Congress.

Shares of TESARO surged over 20%, while Clovis gained about 8%.

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