Clovis Oncology Announces Third Quarter 2019 Operating Results
Clovis Oncology, Inc. (CLVS)
Last clovis oncology, inc. earnings: 2/24 04:05 pm
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Source: Business Wire
$37.6M in Rubraca® (rucaparib) net product revenue for Q3 2019, up 65% year over yearNet product revenue increased 14% sequentially in Q3 2019 compared to Q2 2019, including sequential U.S. sales increase of 12% Increased FY2019 global net product revenue guidance to $141M-$147M Q3 2019 operating cash burn reduced from Q2 2019 by 42%; net cash burn reduced to $45M $354.1M in cash, cash equivalents and available for sale securities at September 30, 2019; anticipated cash runway into 2H 2021Supplemental NDA for Rubraca in patients with BRCA1/2-mutant advanced prostate cancer to be filed before year-endLucitanib combination studies enrolling; initial data anticipated at medical meetings beginning mid-2020Acquired rights to FAP-2286, radiopharmaceutical targeting FAP; Clovis currently planning to file IND in 2H 2020 BOULDER, Colo.--(BUSINESS WIRE)--Clovis Oncology, Inc. (NASDAQ:CLVS) reported financial results for the quarter ended September 30, 2019, and provided an update on Clovis’
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