There aren't many cheap biotechs left out there, at least not among the higher-quality ideas. To be sure, arguing that Clovis Oncology (NASDAQ:CLVS) is undervalued after a better than 250% rise over the past year is going to strike some as ridiculous. Even so, I believe the company has multiple exciting pipeline opportunities that make this still a name worth investigating further. Although I'm a little concerned that the Street's expectations for clinical success are ahead of industry norms, early-stage data have been quite encouraging.
Taking Oncology Personally
Clovis has focused its time and energy on an oncology portfolio built around personalized medicine. What this means in plain English is that Clovis is developing drugs that work for...
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