The cancer research company raised $130m from its initial public offering.

US-based biopharmaceutical company Clovis Oncology priced the shares for its initial public offering (IPO) on 15th November, offering 10 million shares at $13.00 per share, raising a total of $130m. The underwriters were given a 30 day option to purchase an additional 1.5 million shares.

Founded in 2009 a year after its

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