Pro­to­cols: Clo­vis surges as FDA rules out a pan­el re­view for ru­ca­parib; suf­fer­ing Tokai will now con­sid­er all op­tions

Shares of Clo­vis On­col­o­gy surged 13% to­day on the news that the FDA won’t be hold­ing a pan­el re­view for its PARP in­hibitor ru­ca­parib. That’s a pos­i­tive sign for its reg­u­la­to­ry prospects. It’s al­so like­ly spurred a big sigh of re­lief at Clo­vis, which was pum­meled dur­ing its re­view of ro­ci not long ago. Ru­ca­parib is one of sev­er­al late-stage PARP in­hibitors an­gling for a near-term ap­proval. Clo­vis has a Feb­ru­ary 23 PDU­FA date, but has the po­ten­tial to score an ear­ly ap­proval.

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