After a strong Phase III trial of its cancer drug cabozantinib, Exelixis Inc. expects to file for approval of the drug in a type of thyroid cancer in the first half of next year.
The South San Francisco company (NASDAQ: EXEL) said cabozantinib registered progression-free survival — or the length of time it takes for a disease to worsen — a median of 11.2 months. Patients in a placebo arm had media progression-free survival of 4.0 months.
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