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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. (symbol: EXEL) is a leading biopharmaceutical company that specializes in the discovery, development, and commercialization of small molecule therapies aimed at improving cancer treatment. Founded in the early 1990s, Exelixis has dedicated the past decade to establishing a robust development platform to bring new, effective cancer therapies to patients in need.

Exelixis’s flagship product, Cometriq® (cabozantinib), received its initial regulatory approval in late 2012 and has since been a cornerstone in the company’s portfolio. Cometriq is prescribed for the treatment of metastatic medullary thyroid cancer, while its variant Cabometyx is used for treating kidney and liver cancers.

Another significant achievement is the development and commercialization of Cotellic in partnership with Roche, targeted at melanoma treatment. These therapies have not only enhanced Exelixis’s market presence but also brought substantial improvements in patient outcomes.

Exelixis remains steadfast in its commitment to clinical excellence and patient care, consistently exploring new avenues for innovative cancer treatments. The company continues to engage in rigorous research and development activities, underpinned by strategic partnerships and collaborations.

Financially, Exelixis has shown solid performance with steady revenue growth driven by its commercial products and a promising pipeline of new therapies under development. The company’s dedication to research, patient care, and financial prudence makes it a notable entity in the biopharmaceutical landscape.

For more information about Exelixis and potential job opportunities, please visit their official website at www.exelixis.com.

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Exelixis, Inc. (Nasdaq: EXEL) has initiated the STELLAR-305 phase 2/3 pivotal trial to evaluate zanzalintinib in combination with pembrolizumab versus pembrolizumab alone in patients with previously untreated PD-L1-positive recurrent or metastatic squamous cell carcinoma of the head and neck (SCCHN). The trial will assess the potential of inhibition of VEGF, MET, and AXL, which are elevated in these tumors. This global, multicenter, randomized, double-blind study aims to provide a chemo-free treatment option for patients with incurable SCCHN. The primary endpoints are progression-free survival (PFS) and overall survival, with secondary endpoints including objective response rate and duration of response.
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Exelixis, Inc. (EXEL) and Arcus Biosciences (RCUS) have announced a clinical trial collaboration for STELLAR-009, a phase 1b/2 trial evaluating zanzalintinib, Exelixis’ next-generation TKI, in combination with AB521, an inhibitor of the transcription factor HIF-2⍺, in patients with advanced solid tumors. Patient enrollment for STELLAR-009 is expected to begin before the end of 2023.
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Exelixis, Inc. (EXEL) and Arcus Biosciences (RCUS) have announced a clinical trial collaboration for STELLAR-009, a phase 1b/2 trial evaluating zanzalintinib, Exelixis' next-generation tyrosine kinase inhibitor (TKI), in combination with AB521, an inhibitor of the transcription factor HIF-2⍺, in patients with advanced solid tumors, including clear cell renal cell carcinoma (ccRCC). The trial is expected to begin enrolling patients before the end of 2023.
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Exelixis, Inc. (EXEL) to participate in a fireside chat at the Piper Sandler 35th Annual Healthcare Conference. Webcast available on www.exelixis.com. Replay accessible for 30 days.
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Exelixis, Inc. (Nasdaq: EXEL) announced positive initial results from the expansion cohort of STELLAR-001 evaluating zanzalintinib in previously treated clear cell renal cell carcinoma patients, with a 38% objective response rate and 88% disease control rate. Promising anti-tumor activity was observed in patients who had progressed on prior VEGFR-tyrosine kinase inhibitors, including cabozantinib.
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Exelixis, Inc. reported total revenues of $471.9 million for Q3 2023, with net product revenues of $426.5 million. The increase in net product revenues was driven by an increase in sales volume and average net selling price. Research and development expenses increased to $332.6 million, while selling, general, and administrative expenses increased to $138.1 million. GAAP net income for the quarter was $1.0 million, while non-GAAP net income was $32.1 million. Exelixis provided updated financial guidance for fiscal year 2023, with total revenues projected to be $1.825 billion - $1.850 billion.
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Exelixis announces positive results from phase 3 trial evaluating cabozantinib in patients with neuroendocrine tumors
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Exelixis, Inc. to release Q3 2023 financial results on November 1, 2023
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Exelixis and Insilico Medicine enter exclusive license agreement for ISM3091
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Exelixis, Inc. (Nasdaq: EXEL) announces participation in investor conferences in September.
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FAQ

What is the current stock price of Exelixis (EXEL)?

The current stock price of Exelixis (EXEL) is $33.29 as of December 20, 2024.

What is the market cap of Exelixis (EXEL)?

The market cap of Exelixis (EXEL) is approximately 9.5B.

What is Exelixis Inc. known for?

Exelixis Inc. is known for developing and commercializing small molecule therapies aimed at improving cancer treatment.

What are the main products of Exelixis?

The main products of Exelixis are Cometriq® (cabozantinib) for thyroid cancer, Cabometyx for kidney and liver cancer, and Cotellic for melanoma.

When was Cometriq first approved?

Cometriq received its initial regulatory approval in late 2012.

Who are the key partners of Exelixis?

Exelixis has partnered with Roche to bring Cotellic to market.

What type of cancer is Cometriq used to treat?

Cometriq is used to treat metastatic medullary thyroid cancer.

What is Cabometyx used for?

Cabometyx is used for the treatment of kidney and liver cancers.

Where can I find job opportunities at Exelixis?

Job opportunities at Exelixis can be found on their official website at www.exelixis.com.

How has the financial performance of Exelixis been?

Exelixis has shown solid financial performance with steady revenue growth driven by its commercial products and pipeline.

What kind of research does Exelixis focus on?

Exelixis focuses on the research and development of innovative therapies for cancer treatment.

What is the ticker symbol for Exelixis Inc.?

The ticker symbol for Exelixis Inc. is EXEL.

Exelixis Inc

Nasdaq:EXEL

EXEL Rankings

EXEL Stock Data

9.52B
281.04M
1.59%
89.36%
2.77%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States of America
ALAMEDA