The National Cancer Institute will study Exelixis Inc.’s experimental cancer-fighting drug cabozantinib in a variety of solid tumors, according to a research and development deal announced Monday.
South San Francisco-based Exelixis (NASDAQ: EXEL) and the NCI’s Cancer Therapy Evaluation Program will undertake clinical trials to evaluate the safety and efficacy of the drug, known as “cabo,” in several cancers. Earlier studies found “encouraging anti-tumor activity,” according to Exelixis.
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