Clovis Oncology (CLVS) Misses Q3 EPS by 11c

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Clovis Oncology Announces Third Quarter 2018 Operating Results

October 30, 2018 4:05 PM EDT

$22.8M in Rubraca® sales for the third quarter of 2018 compared to $16.8M for Q3 2017 Free drug increased to 30 percent of overall commercial supply, equivalent to $9.6 million in commercial value Initial TRITON2 data for Rubraca in mCRPC presented at ESMO include 44% confirmed ORR and 51% confirmed PSA response rate in 25 RECIST-evaluable and 45 PSA-evaluable patients with a BRCA1/2 alteration; preliminary safety data are consistent with those observed in other Rubraca studies $604.4 million in cash, cash equivalents and available for sale securities at September 30, 2018... More