Is Exelixis’ Balance Sheet Safe?

Exelixis, Inc. (NASDAQ:EXEL) is one of healthcare’s brightest shining successes. After winning approval for its kidney cancer drug last year, the drugmaker is knee-deep in researching new ways it can help more cancer patients. The opportunity ahead of this company is big, but it costs a lot to conduct cancer research, and that’s taxing its balance sheet.

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