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Clovis sells $20mm of its debt to multiple investors

Executive Summary

Clovis Oncology Inc. (developing cancer drugs and companion diagnostics) sold $20mm of its debt and other securities to 18 undisclosed investors. The company's last fundraising activity was back in May 2009 when it got $146mm in seed money from backers including Domain, NEA, Versant, and Abingworth.
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
  • Pharmaceuticals
    • Specialty Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Convertible Debt
    • Private Placement

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