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Exelixis Inc.



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BMS and Exelixis to Co-Develop Cancer Drug

Bristol-Myers Squibb has exercised its option to develop and commercialize Exelixis Inc.'s IND candidate XL413, a selective inhibitor of Cdc7 targeting cancer cells. Under the terms of the collaboration agreement, BMS' selection of XL413 entitles Exelixis to a milestone payment of $20 million. In addition, Exelixis has exercised its option to co-develop and co-commercialize...

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Exelixis wins $20 million in Bristol-Myers Squibb deal

Exelixis Inc. landed a $20 million milestone payment from Bristol-Myers Squibb Co. after the drug giant opted to co-develop and commercialize one of the South San Francisco-based Exelixis’ potential cancer treatments. (EXEL) (BMY)

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Exelixis wins $20 million in Bristol-Myers Squibb deal

Exelixis Inc. landed a $20 million milestone payment from Bristol-Myers Squibb Co. after the drug giant opted to co-develop and commercialize one of the South San Francisco-based Exelixis’ potential cancer treatments. (EXEL) (BMY)

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Icahn takes stake in Exelixis

Investment icon Carl Icahn has taken a stake in Bay Area drug-development companies Exelixis Inc. (EXEL) (BMY) (DNA) (LLY) (IMCL)

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Exelixis lays off 78 people

Drug-development company Exelixis Inc. will layoff 10 percent of its workforce — or 78 employees — as part of a restructuring plan. (EXEL) (DNA) (GSK) (BMY)

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Exelixis Q3 loss grows

Exelixis Inc. lost $38.5 million, or 36 cents per share, in the third quarter, compared with a $13.7 million loss, or 14 cents per share, in the same period last year. (EXEL) (GSK)

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Exelixis Q3 loss widens to $38.5M

Exelixis Inc. on Monday reported a widened third quarter loss of $38.5 million, or 36 cents a share, compared to a loss in the same period last year of $13.7 million, or 14 cents a share. (EXEL) (GSK)

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Icahn reports stakes in Citigroup, AMD, Take-Two in third quarter

Billionaire investor Carl Icahn and his affiliates on Friday reported new stakes of 800,000 shares of Citigroup Inc. (C), 1.6 million shares of Advanced Micro Devices (AMD), and 461,128 shares of the Take-Two Interactive Software Inc. (TTWO) acquired during the third quarter.

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Cash-Poor Biotech Firms Seek Aid

... of cash or assets to generate cash" are in jeopardy, said George A. Scangos, chief executive of Exelixis Inc., a South San Francisco, Calif., biotech company.In the U.S., 38% of 370 small biotech companies are operating with less than a year's worth of cash, and nearly 100 publicly traded biotech companies have less than six months' cash, according to the Biotechnology Industry Organization...

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Technical Trade Alerts on Market Movers: ECOS, ALGN, ISPH, SIMG, IDTI, EXEL

(EMAILWIRE.COM, October 28, 2008 ) DALLAS, Texas – Beacon Equity Research announces the release of Trade Alerts covering market movers: EcoloCap Solutions (OTCBB: ECOS), Align Technology Inc. (Nasdaq: ALGN), Inspire Pharmaceuticals Inc. (Nasdaq: ISPH), Silicon Image Inc. (Nasdaq: SIMG), Integrated...