Also in last week's Mailbag, I mentioned Clovis Oncology (CLVS) as a company I liked after seeing the company present at a recent investor conference. This prompted an email from a buyside investor who's not a fan of Clovis' pancreatic cancer drug CO-101. I'm not allowed to use his name but his comments accurately describe the Clovis bear thesis:
"If you read the published papers, particularly the in vitro and animal data, you can see that this is a sure failure. The Clovis drug
Clovis is expected to announce top-line results from a phase III study of CO-101 in pancreatic cancer before the end of the year.
--Written by Adam Feuerstein in Boston.
>To contact the writer of this article, click here: Adam Feuerstein.
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