Clovis Oncology: Managing A Winning Position After Recent Company Updates

Summary

  • Clovis Oncology has recently been on a winning streak of clinical data and corporate updates. As a result, the share price has rocketed off its 52-week lows.
  • The company's theranostic FAP was able to show some efficacy in its Phase I trial. This validated the company's efforts to develop these programs.
  • Once again, Clovis Oncology is considered to be a buyout target. It has been rumored that Sanofi is a potential suitor.
  • The ticker has notable downside risks that investors should consider when managing their CLVS position.
  • I discuss my plan for my CLVS position in the second half of 2022.
  • This idea was discussed in more depth with members of my private investing community, Compounding Healthcare. Learn More »

heranostic radiopharmaceuticals.

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A great deal has happened since my previous Clovis Oncology (CLVS) article including data updates, shareholder news, as well as buyout rumors. These events have had a positive impact on the share price and injected some

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This article was written by

9.42K Followers

Biologics is a full-time healthcare investor who developed a passion for biotech and life saving therapies after working in the medical field for years. His trade focus is around innovative companies developing breakthrough therapies and/or pharmaceuticals with catalysts for potential acquisitions.

He is the leader of the investing group Compounding Healthcare. Features of the group include: Several model healthcare portfolios, a weekly newsletter, a daily watchlist, and chat for dialogue and questions. Learn more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of CLVS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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