Clovis Oncology is for Sale But No One is Interested

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Clovis Oncology Inc. (CLVS), the developer of cancer treatments that was considering a sale, hasn’t received any interest from buyers, said a person with knowledge of the matter. The company, which was working with Credit Suisse Group AG and JPMorgan Chase & Co. to explore its options, contacted some potential suitors, though no sale negotiations took place, the person said, asking not to be identified as the information is private. Boulder, Colorado-based Clovis is no longer soliciting bids and is considering its alternatives, the person said.

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