SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today reported financial results for the second quarter ended June 30, 2011. The company continued to make significant progress in advancing the development of cabozantinib during the quarter and the financial results continue to reflect the impact of the company’s 2010 and 2011 restructurings with significant decreases in all major expense categories.
