Exelixis Announces First Quarter 2016 Financial Results And Provides Corporate Update

SOUTH SAN FRANCISCO--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today reported financial results for the first quarter of 2016 and provided an update on progress toward delivering upon its key 2016 corporate objectives and clinical development milestones.

Corporate Updates and Key Priorities for 2016

On April 25, 2016, the U.S. Food and Drug Administration (FDA) approved CABOMETYX™ (cabozantinib) tablets as a treatment for patients with advanced renal cell carcinoma (RCC) who have received prior anti-angiogenic therapy.
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