STOCK TITAN

Exelixis Inc - EXEL STOCK NEWS

Welcome to our dedicated page for Exelixis news (Ticker: EXEL), a resource for investors and traders seeking the latest updates and insights on Exelixis stock.

Exelixis Inc (EXEL) is a leading biopharmaceutical company focused on developing innovative cancer therapies through cutting-edge small molecule research. This page serves as a comprehensive resource for all official company updates and oncology-related developments.

Access timely EXEL news including FDA approvals, clinical trial results, and strategic partnerships with global pharmaceutical leaders. Investors will find essential updates on earnings reports, research milestones, and therapy commercialization efforts that demonstrate the company's progress in oncology treatment innovation.

Our curated news collection provides verified information about EXEL's drug development pipeline, regulatory achievements, and collaborative research initiatives. The content is maintained to support informed analysis of the company's market position and scientific advancements in cancer care.

Bookmark this page for direct access to Exelixis' latest press releases and objective reporting on their contributions to targeted cancer therapies. Check regularly for updates reflecting the company's ongoing work in transforming oncology treatment paradigms.

Rhea-AI Summary

Exelixis, Inc. (Nasdaq: EXEL) will participate in fireside chats at investor conferences in May, including BofA Securities Health Care Conference, Citizens JMP Life Sciences Conference, and RBC Capital Markets Global Healthcare Conference. The presentations will be webcast on www.exelixis.com with replay options available for at least 30 days.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
Tags
conferences
-
Rhea-AI Summary

Exelixis, Inc. (Nasdaq: EXEL) reported Q1 2024 financial results of $425M in total revenues, $379M from Cabozantinib Franchise U.S. Net Product Revenues. Restructuring expenses of $32.8M were recorded. GAAP Diluted EPS was $0.12, Non-GAAP Diluted EPS was $0.17. Exelixis focused on advancing pivotal trials, pipeline development, and label expansion for cabozantinib. The company maintained financial guidance for 2024. Positive clinical trial results were highlighted, and strategic priorities for 2024 were outlined. Exelixis also announced share repurchase program updates and key board member appointments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.52%
Tags
-
Rhea-AI Summary
Exelixis, Inc. (EXEL) will release its first quarter 2024 financial results on April 30, 2024, followed by a conference call and webcast to discuss the results and provide a business update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
Tags
Rhea-AI Summary
Exelixis, Inc. (Nasdaq: EXEL) announces participation in investor conferences in March with webcasts available on www.exelixis.com. Management team to present at TD Cowen 44th Annual Health Care Conference, Leerink Partners Global Biopharma Conference 2024, and Barclays 26th Annual Global Healthcare Conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
conferences
-
Rhea-AI Summary
Exelixis, Inc. (Nasdaq: EXEL) reported total revenues of $480 million for the Fourth Quarter of 2023, $1,830 million for the Fiscal Year 2023. Cabozantinib Franchise Achieved $1,629 million in U.S. Net Product Revenues for the Fiscal Year 2023, including $429 million for the Fourth Quarter of 2023. GAAP Diluted EPS of $0.27 for the Fourth Quarter of 2023, $0.65 for the Fiscal Year 2023. Non-GAAP Diluted EPS of $0.33 for the Fourth Quarter of 2023, $0.90 for the Fiscal Year 2023. The company is focusing on advancing regulatory strategies for cabozantinib label expansions in neuroendocrine tumors and metastatic castration-resistant prostate cancer, with high unmet medical need. The financial results, growth opportunities, and regulatory strategies are significant for the company's future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.56%
Tags
-
Rhea-AI Summary
Exelixis, Inc. (Nasdaq: EXEL) announced that its management team will participate in fireside chats at investor conferences in February. The company is scheduled to present at the Guggenheim Healthcare Talks | 6th Annual Biotechnology Conference on February 8 in New York City and at the Oppenheimer 34th Annual Healthcare Life Sciences Conference on February 13. Webcast links can be accessed on www.exelixis.com and replays will be available for at least 30 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
conferences
Rhea-AI Summary
Exelixis, Inc. announced promising results from the phase 3 pivotal study CONTACT-02, showing a 35% reduction in the risk of disease progression or death in patients with metastatic castration-resistant prostate cancer when treated with cabozantinib in combination with atezolizumab. The study also demonstrated a statistically significant improvement in progression-free survival and a trend for overall survival. Treatment-emergent adverse events occurred in 97% of patients treated with the combination regimen compared with 87% of patients treated with a second novel hormonal therapy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
-
Rhea-AI Summary
Exelixis, Inc. (EXEL) will release its fourth quarter and fiscal year 2023 financial results on February 6, 2024, after the markets close. A conference call and webcast will follow to discuss the results and provide a general business update. Access to the event is available via the company’s website. The webcast replay will be archived on the website for one year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.21%
Tags
-
Rhea-AI Summary
Bristol Myers Squibb and Exelixis, Inc. announced positive results from the CheckMate -9ER trial, showing that Opdivo in combination with CABOMETYX reduced the risk of death by 23% in the first-line treatment of advanced renal cell carcinoma vs. sunitinib. The combination also demonstrated superior progression-free survival (PFS) and objective response rates (ORR) in patients treated with Opdivo plus CABOMETYX over sunitinib, regardless of risk classification. The four-year follow-up results showed durable and clinically meaningful efficacy, with significant improvements in PFS, OS, ORR, and complete response (CR). No new safety concerns were identified in this follow-up analysis, and the combination regimen also showed benefits in patient subgroups across risk groups. The data will be presented at the ASCO GU 2024 Genitourinary Cancers Symposium.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
Tags
none
Rhea-AI Summary
Exelixis, Inc. successfully defended its European Patent number EP2593090 against three opponents, upholding the patent as granted. The patent covers tablet formulations of cabozantinib, including the tablet formulation approved as CABOMETYX® (cabozantinib) tablets by the European Medicines Agency. The decision is specific to the European patent at issue and is subject to appeal to the EPO Technical Boards of Appeal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
Tags
none
Exelixis Inc

Nasdaq:EXEL

EXEL Rankings

EXEL Stock Data

9.81B
269.27M
1.84%
92.31%
4.75%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States
ALAMEDA