Exelixis puts fat wallet to work with Cybrexa, Sairopa deals - San Francisco Business Times

  • 📰 SFBusinessTimes
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 68%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

$EXEL's fat wallet beefs up its cancer drug pipeline

Exelixis Inc. President and CEOwarned that the company wasn't going to just sit on its cancer drug franchise, not with $2 billion in cash, equivalents and investments.

In the Sairopa deal, Exelixis will pay $40 million upfront and $70 million in near-term milestones for an exclusive, worldwide license to develop and sell Sairopa's ADU-1805. The drug is a monoclonal antibody targeting a protein — called signal regulatory protein alpha, or SIRPa — that protects cancer-associated proteins from being detected by the immune system's T cells and helps block the ability to clear tumor cells.

The moves were announced as Exelixis reported its third-quarter financials that showed the company with a $212.4 million profit through the first nine months of the year on revenue of nearly $1.19 billion.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 78. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

An inside look into multi-family housing and the real estate market today - CEO SpotlightShakti C'Ganti, CEO, Ashland Greene Capital joins KRLD's David Johnson for this episode of CEO Spotlight.
Источник: KRLD - 🏆 75. / 68 Прочитайте больше »

Exelixis puts fat wallet to work with Cybrexa, Sairopa deals - San Francisco Business TimesPresident and CEO Michael Morrissey said the deals tap the company's balance sheet and share risks with its partners.
Источник: SFBusinessTimes - 🏆 78. / 68 Прочитайте больше »

Ryan Rogers, grandson of Mary Kay Ash, appointed to CEO of cosmetic company - Dallas Business JournalRyan Rogers is following in the footsteps of his grandmother and company founder Mary Kay Ash and father Richard R. Rogers.
Источник: DallasBizNews - 🏆 525. / 51 Прочитайте больше »