Seeking Alpha

Shares of Exelixis (EXEL) gain 20% premarket after the firm announces positive top-line results...

Shares of Exelixis (EXEL) gain 20% premarket after the firm announces positive top-line results from its Phase 3 clinical trail of cabozantinib in patients with medullary thyroid cancer. The company aims to build a cabozantinib franchise that includes large indications such as prostate cancer.
Comments (1)
  • This is a real winner. That stuff also seems to work against bone metastasis! Looks like multi billion dollar potential. Also, EXEL was trading with a 50% discount until this morning - still time to jump in I think. I am just too happy about the puts I sold :).

     

    Long EXEL :) (stocks and puts sold)
    24 Oct 2011, 09:24 AM Reply Like
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