Clovis Oncology (CLVS) Misses Q1 EPS by 12c

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Go back to Clovis Oncology (CLVS) Misses Q1 EPS by 12c

Clovis Oncology Announces First Quarter 2020 Operating Results

May 5, 2020 4:05 PM EDT

$42.6M in Rubraca® (rucaparib) global sales for Q1 2020; net product revenue up 8% over Q4 2019 and up 29% over Q1 2019 Supplemental NDA for Rubraca in patients with BRCA1/2-mutant recurrent, metastatic castrate-resistant prostate cancer granted Priority Review by FDA with PDUFA date of May 15, 2020 $228.4M in cash, cash equivalents and available for sale securities at March 31, 2020; continue to anticipate cash runway into 2H 2021 Improved balance sheet through convertible debt transactions in January, April and May 2020 Lucitanib combination studies enrolling; initial data anticipated at medical meetings in 2H... More