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Janney sees many suitors for Clovis; shares move higher, again, in post market

  • Clovis (NASDAQ:CLVS) has always been considered an acquisition target with a “long list” of potential suitors including Eli Lilly (NYSE:LLY), Merck & Co. (NYSE:MRK) , and Roche, Janney tells Bloomberg in an interview.
  • CEO Patrick Mahaffy has sold other companies including Pharmion, NeXstar Pharmaceuticals.
  • Clovis closed +12.7% and is up another 7.7% AH. Earlier today the stock jumped when Gilead (NASDAQ:GILD) said it is looking for cancer deals.
  • Clovis's PDUFA date  for ovarian cancer drug rucaparib is Feb. 23, 2017.

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CLVSQ--
Clovis Oncology, Inc.