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Clovis Oncology News: Why CLVS Stock Is Roaring Higher

Clovis Oncology (NASDAQ:CLVS) stock is in the news Thursday as shares rocket higher thanks to positive data from a recent clinical trial.

That data comes from the company’s Phase 3 ATHENA-MONO Trial. This trial saw it testing the effects of Rubraca monotherapy against a placebo in treating women with advanced ovarian cancer. Its use came after treatment with platinum-based chemotherapy.

The big news for Clovis Oncology is that the Phase 3 clinical trial met its primary endpoint. That includes benefits “in both primary efficacy analyses of newly-diagnosed patients with advanced ovarian cancer.”

Read more about CLVS stock here.

The post Clovis Oncology News: Why CLVS Stock Is Roaring Higher Today originally appeared at InvestorPlace.