Clovis (NASDAQ:CLVS) was forced to admit an unpleasant defeat after data emerged showing no significant difference in survival rates for advanced pancreatic cancer patients treated with the company's drug candidate CO-101 versus the current chemotherapy treatment, gemcitabine. The news caused the stock to drop by nearly 40% on Monday. In this video, Motley Fool health care analyst Brenton Flynn tells us how the company plans to move forward in the face of these big losses, and why this has been a difficult space for other companies as well.
Motley Fool Returns
Discounted offers are only available to new members. Stock Advisor will renew at the then current list price. Stock Advisor list price is $199 per year.
Stock Advisor launched in February of 2002. Returns as of 10/17/2021.
Average returns of all recommendations since inception. Cost basis and return based on previous market day close.